UltraShort Emerging Markets ProFund
The UltraShort Emerging Markets ProFund seeks daily investment results, before fees and expenses, that are -2x the return of the Bank of New York Emerging Markets 50 ADR Index (the "Index") for a single day.
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Fund Snapshot
Fund Snapshot
|
Investor Class |
Service Class |
| Ticker |
UVPIX |
UVPSX
|
| CUSIP |
74318X844 |
74318X836
|
| Fund Number |
163 |
193
|
| Inception Date |
4/19/2006
|
| Fund Group |
Inverse ProFunds |
Fund Statistics
Fund Statistics
| Limits On Exchanges |
None |
| Minimum Investment |
| Individual Investor |
$15,000 |
| Financial Professionals |
$5,000 |
Returns (as of 3/31/2013)
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. For standardized returns year-to-date and as of the most recent calendar quarter-end, see performance Returns include the reinvestment of dividends and capital gains.
Returns include the reinvestment of dividends and capital gains.
Returns (as of 3/31/2013)
| YTD (as of 5/17/2013) |
1.89% |
| Average Annual One Year |
0.66% |
| Average Annual Three Year |
-15.36% |
| Average Annual Five Year |
-33.42% |
| Average Annual Ten Year |
-- |
| Average Annual Since Inception |
-36.80% |
| Cumulative Since Inception |
-95.88% |
| Gross Expense Ratio |
1.85% |
| Net Expense Ratio |
1.73% |
All data, unless otherwise noted, is as of 3/31/2013 and for Investor Class Shares only and is subject to change.
Index/Benchmark
Bank of New York Emerging Markets 50 ADR Index
The Index (Bloomberg symbol: BKTEM) is a free float-adjusted capitalization-weighted index. The Index is designed to track the performance of a basket of companies who have their primary equity listing on a stock exchange of an emerging market country and who also have depositary receipts that trade on a U.S. exchange or on The NASDAQ Stock Market. The Index currently consists of the following emerging market countries: Brazil, Korea, Mexico, Taiwan, China, South Africa, India, Israel, Russia, Indonesia and Argentina.
| Total Index Companies |
50 |
| Average Index Market Capitalization |
50.23 billion
|
Index as of 3/31/2013
| Index Sector Weightings |
Weight |
|
Communications
|
21.67%
|
|
Financial
|
18.87%
|
|
Energy
|
18.09%
|
|
Basic Materials
|
15.38%
|
|
Technology
|
10.03%
|
|
Consumer, Non-Cyclical
|
9.99%
|
|
Utilities
|
2.99%
|
|
Industrial
|
2.22%
|
|
Consumer, Cyclical
|
0.76%
|
|
Diversified
|
0.00%
|
As of 3/31/2013
| Top 10 Index Companies |
Weight |
|
Taiwan Semiconductor Mfg. Co. Ltd.-Sponsored ADR
|
7.11%
|
|
China Mobile Ltd.-Sponsored ADR
|
6.24%
|
|
Itaú Unibanco Holding S.A.-Preferred ADR
|
4.56%
|
|
Petróleo Brasileiro S.A.-ADR
|
4.34%
|
|
América Móvil-ADR Series L
|
4.12%
|
|
Banco Bradesco-ADR
|
4.02%
|
|
Vale S.A.-Sponsored ADR
|
3.92%
|
|
Companhia de Bebidas das Americas-Preferred ADR
|
3.60%
|
|
CNOOC Ltd.-ADR
|
3.46%
|
|
PetroChina Co. Ltd.-ADR
|
3.13%
|
|
Index Countries
|
Weight |
|
Brazil
|
32.82%
|
|
China
|
21.70%
|
|
Mexico
|
10.36%
|
|
Taiwan
|
8.44%
|
|
South Korea
|
8.40%
|
|
India
|
5.90%
|
|
South Africa
|
4.17%
|
|
Chile
|
2.99%
|
|
Colombia
|
2.12%
|
|
Indonesia
|
1.25%
|
|
Russia
|
1.18%
|
|
Philippines
|
0.67%
|
|
Luxembourg
|
0.00%
|
|
Israel
|
0.00%
|
|
Netherlands
|
0.00%
|
|
Peru
|
0.00%
|
|
Turkey
|
0.00%
|
International investments may involve risk from unfavorable fluctuations in currency values, differences in generally accepted accounting principles, and from economic or political instability.International investments may involve risk from unfavorable fluctuations in currency values, differences in generally accepted accounting principles, and from economic or political instability.
In emerging markets, all these risks are heightened, and lower trading volumes may occur.