Total returns on $10,000
The investment seeks to provide investment results that match, before fees and expenses, 200% of the inverse (opposite) of the performance of the NASDAQ-100 Index® on a daily basis. The fund invests in short sales of securities generally included in the underlying index and investing in derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform opposite to the securities of companies included in the underlying index. The fund is non-diversified.
|Total net assets|
1.92m USDAs of Apr 30 2013
|Net expense ratio||2.50%|
|Front end load||--|
|Min. initial investment||2,500 USD|
|Min. additional investment||--|
|Initial IRA||1,000.00 USD|
|Available for sale||United States|
Top 5 sectors
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Regional weighting data is unavailable.
Top 5 holdings