MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, August 3, 2005 ProFunds Goes Short ProFunds has filed for four funds for investors looking to capitalize on weakening commodity and real estate markets. The Short Oil & Gas ProFund, Short Precious Metals ProFund, Short Real Estate ProFund and Short Utilities ProFund will all seek to return the inverse of the following indices: the Dow Jones U.S. Oil & Gas Index, Dow Jones Precious Metals Index, the Dow Jones U.S. Real Estate Index and the Dow Jones U.S. Utilities Sector Index. All of the funds have net operating expenses of 160 basis points for investor class shares and 260 basis points for service class shares. Minimum investments are $5,000 for advisor-controlled accounts and $15,000 for defl-directed accounts. Printed from: MFWire.com/story.asp?s=10198 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |