ProFunds Short Precious Metals Fund Investor ClassSPPIX

9.00
0.24 / 2.74%
7.08 - 9.51+0.46
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Oct 22 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 the inverse (-1x) of the daily performance of the Dow Jones Precious MetalsSM 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 index. The index measures the performance of the precious metals mining sector. The fund is non-diversified.

Profile

Fund typeOpen Ended Investment Company
Morningstar categoryTrading-Inverse Commodities
Launch date09/01/2006
Price currencyUSD
DomicileUnited States
SymbolSPPIX
Manager & start date
Michael Neches
01/10/2013
Charles Lowery
01/10/2013

Investment

Pricing frequencyDaily
Total net assets
2.72m 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

Cash
97.86%
Other
2.14%
US stock
0.00%
Non-US bond
0.00%
Non-US stock
0.00%
US bond
0.00%

Top 5 sectors

Cash & Equivalents
97.86%

Top 5 Regions

Regional weighting data is unavailable.

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

Sector & regional holdings

Top 5 holdings

Top holding data is unavailable
As of Jul 31 2014.

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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