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Fund Intelligence | Best Managers | BKPIX Insights | BKPIX Score | BKPIX Performance | BKPIX Manager | BKPIX News | BKPIX Allocation | BKPIX Holdings Change

Mutual Fund Insights: ProFunds Banks UltraSector Inv Fund (BKPIX)

In-depth Analysis of ProFunds Banks UltraSector Inv Fund (BKPIX)

Mutual fund chart: ProFunds Banks UltraSector Inv Fund (BKPIX)

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See ProFunds Banks UltraSector Inv Fund (BKPIX) performance details as of February 28, 2010

  

    Last Trade: $7.19 on 3/19/2010, Change: -0.07 (-0.96%)

  

Fund ManagerFund Manager - Michael S. Neches

Fund Manager Tenure: 0.3 years   [Similar Funds: BKPSX ]
Fundmojo Fund Grade: N/A (Score: *manager is new*)     (What does this score mean?)
ProFund Advisors — Portfolio Manager since December 2009; Associate Portfolio Manager from November 2006 through November 2009; and Portfolio Analyst from November 2004 through December 2006. ProShare Advisors — Portfolio Manager since December 2009; Associate Portfolio Manager from January 2007 through November 2009; and Portfolio Analyst from December 2006 to January 2007.  Get more insights on Michael S. Neches

  

What we like about ProFunds Banks UltraSector Inv Fund (BKPIX) What we like about ProFunds Banks UltraSector Inv Fund (BKPIX)

Data for ProFunds Banks UltraSector Inv Fund (BKPIX) as of February 28, 2010

  • ProFunds Banks UltraSector Inv Fund (BKPIX) has good mid-term performance (3-year return -45.85% vs -15.02 % Financial category average)
  • ProFunds Banks UltraSector Inv Fund (BKPIX) has a lower management fee than its Financial average: 1.63% vs 1.72%
  • ProFunds Banks UltraSector Inv Fund (BKPIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

What we are cautious about ProFunds Banks UltraSector Inv Fund (BKPIX) What we are cautious about ProFunds Banks UltraSector Inv Fund (BKPIX)

Data for ProFunds Banks UltraSector Inv Fund (BKPIX) as of February 28, 2010

  • ProFunds Banks UltraSector Inv Fund (BKPIX) management has been with ProFunds Banks UltraSector Inv Fund for only 0.3 years, it is hard to judge manager's ability based on this fund's operation record
  • ProFunds Banks UltraSector Inv Fund is a focused fund with 49.50% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
  • ProFunds Banks UltraSector Inv Fund (BKPIX) has a less-than-ideal short-term performance (1-year return 137.46% vs 75.16 % Financial category average)
  • ProFunds Banks UltraSector Inv Fund (BKPIX) has a less-than-ideal Long-term performance (5-year return -28.30% vs -5.58 % Financial category average)
  • ProFunds Banks UltraSector Inv Fund (BKPIX) ratio of up-years vs down years can be improved
  • ProFunds Banks UltraSector Inv Fund (BKPIX) has a Morningstar rating of 3 and below
  • ProFunds Banks UltraSector Inv Fund (BKPIX) has an annual stock turnover rate of 1350.00% that is higher than the Financial average of 202.29%. This could mean ProFunds Banks UltraSector Inv is more nimble, but also signal potential high tax impact and high trading fees
  • ProFunds Banks UltraSector Inv Fund (BKPIX) does not have a good risk adjusted return as its 3-year Alpha of -28.81 is worse than category average of -7.19, and its 3-year Sharpe ratio is -0.67
  • ProFunds Banks UltraSector Inv Fund (BKPIX) is more volatile than its peers as it has a 3-year Standard Deviation of 61.04 that is higher than category average of 28.76
See ProFunds Banks UltraSector Inv Fund (BKPIX) performance details as of February 28, 2010

  

  

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ProFunds Banks UltraSector Inv Fund (BKPIX) Net Asset

Track net asset change of ProFunds Banks UltraSector Inv fund (BKPIX)

DateNet Asset
02/2010$11.39M
01/2010$10.46M
11/2009$10.19M
More historic net asset information on ProFunds Banks UltraSector Inv Fund (BKPIX)

  

ProFunds Banks UltraSector Inv Fund (BKPIX) Portfolio Allocation

Track portfolio allocation change of ProFunds Banks UltraSector Inv fund (BKPIX)

DateCashStockBondOther
10/200942.5%57.5%0%0%
07/200926.41%73.36%0%0.23%
04/200931.45%68.73%0%0%
Click here to see more historic asset allocation information on ProFunds Banks UltraSector Inv Fund (BKPIX)

  

Most Recent Top 10 Holdings in ProFunds Banks UltraSector Inv Fund (BKPIX)

Discover what ProFunds Banks UltraSector Inv Fund (BKPIX) manager is buying

31-Oct-09
JP MORGAN CHASE CO [13.87%]
BK OF AMERICA CP [10.64%]
WELLS FARGO & CO NEW [10.31%]
CITIGROUP INC [5.24%]
US BANCORP [3.75%]
P N C FIN SVCS GR [1.9%]
BB&T CP [1.37%]
Northern Trust Corporation [1.02%]
SUNTRUST BANKS [0.8%]
Fifth Third Bancorp [0.6%]

31-Jul-09
JP MORGAN CHASE CO [17.78%]
BK OF AMERICA CP [13.95%]
WELLS FARGO & CO NEW [13.59%]
CITIGROUP INC [4.43%]
US BANCORP [4.42%]
P N C FIN SVCS GR [2.02%]
BB&T CP [1.78%]
Northern Trust Corporation [1.77%]
SUNTRUST BANKS [1.1%]
Hudson City Bancorp, Inc. [0.83%]

30-Apr-09
JP MORGAN CHASE CO [19.17%]
WELLS FARGO & CO NEW [12.55%]
BK OF AMERICA CP [8.91%]
US BANCORP [4.89%]
P N C FIN SVCS GR [2.61%]
CITIGROUP INC [2.59%]
BB&T CP [2%]
Northern Trust Corporation [1.88%]
Hudson City Bancorp, Inc. [0.95%]
SUNTRUST BANKS [0.78%]
Click here for Stock Holding Change Map in ProFunds Banks UltraSector Inv Fund (BKPIX)

  

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