| Scorecard |
|---|
|
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|
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Lipper
2
2
1
4
5
|
|
Zacks Investment Research
5
(Strong Sell)
|
|
Standard & Poor's
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TheStreet.com
E-
(Sell)
|
U.S. News evaluated 29 Bear Market Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned -3.40 percent over the past year, -20.09 percent over the past three years, and -40.44 percent over the past five years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | -2.4% |
| 1 Year | -3.4% |
| 3 Years (Annualized) | -20.1% |
| 5 Years (Annualized) | -40.4% |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks daily investment results, before fees and expenses, that correspond to twice the inverse (-2x) of the daily performance of the Bank of New York Mellon Latin America 35 ADR® Index. The fund invests in derivatives that the adviser believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the 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 have Depositary Receipts that trade on a U.S. exchange or on The NASDAQ Stock Market. It is non-diversified.
Fees
Fees are Low compared to funds in the same category.
ProFunds UltraShort Latin America Fund has an expense ratio of 1.73 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
