2 / 5 Stars
1 1 1 1 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
1 / 5 Stars
U.S. News evaluated 45 Trading-Leveraged Equity 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 -13.71 percent over the past year, -17.66 percent over the past three years, and 8.64 percent over the past five years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-21.5%|
|3 Years (Annualized)||-17.7%|
|5 Years (Annualized)||8.6%|
|10 Years (Annualized)||N/A|
The investment seeks daily investment results, before fees and expenses that correspond to two times (2x) the daily performance of the BNY Mellon Latin America 35 ADR® Index. The fund invests in securities, depositary receipts and derivatives that the adviser believes, in combination, should have similar daily return characteristics as two times (2x) 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 also have Depositary Receipts that trade on a U.S. exchange or on The NASDAQ Stock Market. It is non-diversified.
Fees are High compared to funds in the same category.
ProFunds UltraLatin America Fund has an expense ratio of 2.85 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.