UltraShort Latin America ProFund
The UltraShort Latin America ProFund seeks daily investment results, before fees and expenses, that are -2x the return of the Bank of New York Latin America 35 ADR Index (the "Index") for a single day.
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Fund Snapshot
Fund Snapshot
|
Investor Class |
Service Class |
| Ticker |
UFPIX |
UFPSX
|
| CUSIP |
74318X760 |
74318X778
|
| Fund Number |
165 |
195
|
| Inception Date |
10/17/2007
|
| Fund Group |
Inverse ProFunds |
Fund Statistics
Fund Statistics
| Limits On Exchanges |
None |
| Minimum Investment |
| Individual Investor |
$15,000 |
| Financial Professionals |
$5,000 |
NAV as of 5/17/2013
| Class |
NAV |
% Change |
$ Change |
|
| Investor |
$12.95 |
-0.15% |
-$0.02 |
NAV History |
| Service |
$12.27 |
-0.16% |
-$0.02 |
NAV History |
|
|
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) |
1.09% |
| Average Annual One Year |
4.28% |
| Average Annual Three Year |
-18.92% |
| Average Annual Five Year |
-42.99% |
| Average Annual Ten Year |
-- |
| Average Annual Since Inception |
-43.78% |
| Cumulative Since Inception |
-95.68% |
| Gross Expense Ratio |
2.91% |
| 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 Latin America 35 ADR Index
The Index (Bloomberg symbol: BKTLA) is a free float-adjusted capitalization-weighted index. The Index is designed to track the performance of a basket of companies that have their primary equity listing on stock exchanges of Latin American countries and that also have Depositary Receipts that trade on a U.S. exchange or on The NASDAQ Stock Market. Currently, the Index consists of the following Latin American countries: Argentina, Brazil, Chile, Colombia, Mexico and Peru. It is not possible to invest directly in an index.
| Total Index Companies |
35 |
| Average Index Market Capitalization |
40.3 billion
|
Index as of 3/31/2013
| Index Sector Weightings |
Weight |
|
Consumer, Non-Cyclical
|
26.82%
|
|
Basic Materials
|
20.43%
|
|
Financial
|
16.93%
|
|
Energy
|
14.05%
|
|
Utilities
|
7.89%
|
|
Communications
|
7.81%
|
|
Industrial
|
3.26%
|
|
Consumer, Cyclical
|
2.81%
|
|
Technology
|
0.00%
|
|
Diversified
|
0.00%
|
As of 3/31/2013
| Top 10 Index Companies |
Weight |
|
Companhia de Bebidas-Preferred ADR
|
7.15%
|
|
Vale S.A.-Preferred ADR
|
6.33%
|
|
BRF - Brasil Foods S.A.-ADR
|
5.38%
|
|
Fomento Económico Mexicano-Sponsored ADR
|
5.38%
|
|
Petroleo Brasileiro S.A.-ADR
|
5.33%
|
|
Ecopetrol S.A.-Sponsored ADR
|
4.22%
|
|
Vale S.A.-Sponsored ADR
|
4.21%
|
|
Banco Bradesco-ADR
|
4.14%
|
|
Itaú Unibanco Holding S.A.-Preferred ADR
|
3.99%
|
|
Ultrapar Participacoes S.A.-Sponsored ADR
|
3.85%
|
|
Index Countries
|
Weight |
|
Brazil
|
62.20%
|
|
Mexico
|
16.28%
|
|
Chile
|
12.67%
|
|
Colombia
|
6.52%
|
|
Peru
|
1.60%
|
|
Argentina
|
0.73%
|
Narrowly focused investments typically exhibit higher volatility.