Total returns on $10,000
The investment seeks daily investment results, before fees and expenses, that correspond to twice the inverse (-2x) of the daily performance of the S&P 500®. 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. It is a float-adjusted, market capitalization weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization and financial viability. The fund is non-diversified.
|Total net assets|
23.64m USDAs of Mar 31 2013
|Net expense ratio||1.69%|
|Front end load||--|
|Min. initial investment||15,000 USD|
|Min. additional investment||--|
|Initial IRA||15,000 USD|
|Available for sale||United States|
Top 5 sectors
Top 5 Regions
Regional weighting data is unavailable.
Top 5 holdings
|Profunds Swap Secuirty Ub||--||0.14%|
|Profunds Swap Secuirty Gs||--||0.12%|