ProFunds Financials UltraSector Fund Investor Class (FNPIX)

14.59
Net Asset Value
-0.14%
1 Day
-2.86%
Year-to-Date
Overall Morningstar Rating
Trading-leveraged equity
Style or Category
No Load
Sales Expenses
1.87%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks 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. FinancialsSM 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 financial services sector of the U.S. equity market. The fund is non-diversified.

Performance

1 month-1.68% 3 years+23.11%
3 months-4.27% 5 years+12.85%
1 year+15.24% Since inception-1.71%
Data through --

Peer Comparisonvs. Trading-leveraged equity

 FNPIXCategory
Performance 5-yr return+12.85%+16.48%
Expense ratio1.87%2.05%
Risk 5 year sharpe ratio0.720.81
Net assets$13.1M$81.9M
Average market cap$41.5B--
Average P/E17.3--
Portfolio turnover124%124%

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Fund Management and Purchase Info

Fund familyProFunds
Fund manager & tenureMichael Neches / 1 Years
Minimal initial investment$15,000.00
Minimum IRA investment$15,000.00

Holdings

U.S. stock53.77%
Cash41.86%
Fixed income3.81%
International stock0.56%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 98.16%
Business service 1.28%
Industrial materials 0.50%
Consumer goods 0.06%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
BRKB Berkshire Hathaway3.57%
WFC Wells Fargo3.53%
JPM JPMorgan Chase3.18%
BAC Bank of America2.53%
C Citigroup2.29%
-- 2.01%
-- 1.76%
V Visa1.67%
MA MasterCard1.16%
AXP American Express1.14%

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