ProFunds UltraSector Mobile Telecommunications Fund Investor Class (WCPIX)

66.35
Net Asset Value
+2.96%
1 Day
-1.15%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
Sales Expenses
1.82%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks daily 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. Mobile TelecommunicationsSM 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 mobile telecommunications sector of the U.S. equity market. The fund is non-diversified.

Performance

1 month-0.15% 3 years+3.76%
3 months-3.48% 5 years+7.51%
1 year-12.74% Since inception-17.34%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 WCPIXCategory
Performance 5-yr return+7.51%+16.48%
Expense ratio1.82%2.01%
Risk 5 year sharpe ratio0.40--
Net assets$4.8M$85.0M
Average market cap$35.4B--
Average P/E25.5--
Portfolio turnover562%562%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyProFunds
Fund manager & tenureMichael Neches / 4 Years
Minimal initial investment$15,000.00
Minimum IRA investment--

Holdings

U.S. stock66.70%
Cash32.17%
Fixed income1.13%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Telecommunication 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
TMUS T-Mobile US Inc50.38%
S Sprint Corp9.61%
TDS Telephone and Data Systems Inc6.70%
-- 0.99%
-- 0.14%