ProFunds Banks UltraSector Fund Investor ClassBKPIX

29.03
0.37 / 1.29%
24.43 - 31.11+1.44
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Oct 24 2014.

Total returns on $10,000

As of Sep 30 2014.Fund performance

Objective

The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. Banks SM Index. The fund invests in securities and derivatives that the adviser believes, in combination, should have similar daily return characteristics as one and one-half times (1.5x) the daily return of the index. The index measures the performance of the banking sector of the U.S. equity market. It is non-diversified.

Profile

Fund typeOpen Ended Investment Company
Investment style (stocks)
Market Cap: Large
Investment Style: Value
Morningstar categoryTrading-Leveraged Equity
Launch date04/09/2001
Price currencyUSD
DomicileUnited States
SymbolBKPIX
Manager & start date
Michael Neches
01/10/2013
Charles Lowery
01/10/2013

Investment

Pricing frequencyDaily
Total net assets
12.53m USDAs of Aug 31 2014
Net expense ratio1.78%
Front end load--
Deferred load--
Redemption fee--
Min. initial investment15,000 USD
Min. additional investment--
Initial IRA15,000 USD
Additional IRA--
Available for saleUnited States

Diversification

Asset type

US stock
73.62%
Cash
26.18%
Non-US stock
0.20%
Other
0.00%
US bond
0.00%
Non-US bond
0.00%

Top 5 sectors

Financial Services
73.82%

Top 5 Regions

United States
73.62%
Latin America
0.20%

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

CompanyCompany
content
IC
View
1 year
change
Portfolio
weight
Long
allocation
Wells Fargo & Co
WFC:NYQ
+19.93%15.65%
JPMorgan Chase & Co
JPM:NYQ
+11.93%13.97%
Bank of America Corporation
BAC:NYQ
+18.00%10.53%
Citigroup Inc
C:NYQ
+3.29%9.59%
U.S. Bancorp
USB:NYQ
+8.23%4.89%
Data delayed at least 15 minutes, as of Jul 31 2014.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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