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Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
U.S. News evaluated 22 Multicurrency Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 1.42 percent over the past year, -2.92 percent over the past three years, and -0.70 percent over the past five years.
|Trailing Returns||Updated 04.30.2013|
|Year to date||1.7%|
|3 Years (Annualized)||-2.9%|
|5 Years (Annualized)||-0.7%|
|10 Years (Annualized)||N/A|
The investment seeks daily investment results that correspond to the inverse of the daily performance of the basket of currencies included in the U.S. Dollar Index. The fund invests in derivatives that the adviser believes, in combination, should have similar daily return characteristics as the inverse (-1x) of the daily return of the Benchmark. It is non-diversified.
Fees are High compared to funds in the same category.
ProFunds Rising U.S. Dollar Fund has an expense ratio of 1.73 percent.
Risk is N/A compared to funds in the same category according to Morningstar.