Fund Description
The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the Markit iBoxx $Liquid Investment Grade Index. The fund invests in derivatives that the advisor believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the index. The index designed to provide a balanced representation of U.S. dollar-denominated investment grade corporate bonds publicly offered in the United States by means of including the most liquid investment grade corporate bonds available as determined by the index provider. The fund is non-diversified.
Fund Snapshot Updated 06.17.2013
| Previous Close | $32.30 | Expense Ratio | 0.95% |
| YTD Return | 1.5% | Avg. 30-Day Volume | 3,611 |
| 1-Year Return | 5.4% | Market Cap | Loading... |
| Bid | $32.37 | Shares Outstanding | 100,000 |
| Ask | $32.47 | Dividends | $0.00 |
