About UUPIX
The ProFunds UltraEmerging Markets Fund Investor Class is a leveraged mutual fund designed to deliver twice the daily return of the S&P Emerging 50 ADR Index, before fees and expenses. Its primary objective is to provide amplified exposure to the performance of leading emerging market companies, as represented by American Depositary Receipts (ADRs) for 50 key firms from developing economies. By using financial instruments and leverage, the fund targets a 2x multiple of the index’s daily movement, making it unique among traditional emerging markets funds. This approach aims to cater to investors seeking tactical, short-term magnified participation in emerging market equities. The fund’s focus includes dynamic regions such as Asia, Latin America, and Eastern Europe, offering access to sectors like technology, financial services, and consumer goods. Due to its leveraged structure, the fund experiences higher volatility and risk, making it a specialized tool for sophisticated investors aiming to capitalize on daily trends in emerging markets rather than long-term buy-and-hold strategies. Established in 2006, the fund plays a niche but significant role in providing leveraged exposure within the broader emerging markets segment.
Fund Family ProFunds
Category Trading--Leveraged Equity
Performance Rating Low
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol UUPIX
Share Class Investor Class
Index S&P Emerging Markets 50 ADR NR USD
UUPIX had a total return of 61.88% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.24%.
