Total returns on $10,000
Objective
The investment seeks to provide daily investment results, before fees and expenses, correspond to twice the inverse (-2x) of the daily performance of the BNY Mellon China Select ADR® Index.
The fund invests in derivatives that the adviser believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of 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 a Chinese or Hong Kong stock exchange and that also have Depositary Receipts that trade on a U.S. exchange or on The NASDAQ Stock Market. It is non-diversified.
Profile
| Fund type | Open Ended Investment Company |
|---|---|
| Morningstar category | Bear Market |
| Launch date | 04/02/2008 |
| Price currency | USD |
| Domicile | United States |
| Symbol | UHPSX |
| Manager & start date | Alexander Ilyasov 30/11/2009 |
Investment
| Pricing frequency | Daily |
|---|---|
| Total net assets | 165.50k USDAs of Mar 31 2013 |
| Net expense ratio | 2.78% |
| Front end load | -- |
| Deferred load | -- |
| Redemption fee | -- |
| Min. initial investment | 15,000 USD |
| Min. additional investment | -- |
| Initial IRA | 15,000 USD |
| Additional IRA | -- |
| Available for sale | United States |
Diversification
Asset type
Cash | 99.92% |
|---|---|
Other | 0.08% |
US stock | 0.00% |
Non-US stock | 0.00% |
Bond | 0.00% |
Top 5 sectors
Cash & Equivalents | 99.92% |
|---|
Top 5 Regions
Regional weighting data is unavailable.
Top 5 holdings
| Company | 1 year change | Portfolio weight | Long allocation |
|---|---|---|---|
| Profunds Swap Security Ub | -- | 0.06% | |
| Profunds Swap Security Gs | -- | 0.02% |