Profunds Banks Ultrasector Inv (bkpix)
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Asset Allocation (% of Port)
Geographic Allocation (% of Port)
Australia + Pacific Islands
Fund Management Survey
Fund Management Team
Fund Description Update
Profunds Banks Ultrasector Inv (BKPIX) Description: BKPIX is a mutual fund, which is an investment that owns a basket of assets. The BKPIX mutual fund was provided by Profunds and this investment vehicle derives the majority of its value from equity holdings (stocks). Profundss mutual fund has a short management tenure and is in the small fund size classification. BKPIXs minimum initial investment amount is $5000 while the IRA minimum is $4000. BKPIXs expense ratio is roughly 2%. The latest BKPIXs front end load was 0% and the back end load was 0%. The Profunds Banks Ultrasector Inv (BKPIX) mutual fund falls under the financial category. BKPIX focuses its investments in USA and BKPIX is focused on the financial industry or fund sector. The Profunds Banks Ultrasector Inv (BKPIX) mutual fund is not a leveraged fund and it does not have inverse fund properties. An investor can find BKPIXs top holdings, fundamental analysis, ratings, and fund risk (volatility) on the left side of the screen. The right side of BKPIXs research report features technical analysis and long term investment potential.
This investment vehicle seeks daily investment results, before fees and expenses, that correspond to one and one-half times (150%) the daily performance of the Index. The fund invests in equity securities (see equity research) and derivatives that ProFund Advisors believes, in combination, should have similar daily return characteristics as one and one-half times (150%) the daily return of the Index. Assets of the fund not invested in equity securities (see equity research) or derivatives will typically be held in money market instruments. It is non-diversified.