| | | Morningstar Overall Rating: | N/A | | Total Assets: | 4.46M | | Category: | Bear Market | | Total Expense Ratio: | % |
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| PERFORMANCE & RISK | 30-Nov-09 |
| YTD Return: | -71.41% | | 5y Avg Return: | N/A | | Rank in Category (ytd): | 98 | | % Rank in Category (ytd): | 93.33% | | Beta (3y): | 15.19 | | Morningstar Risk Rating: | |
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| The investment seeks monthly investment results, before fees and expenses, of 200% of the inverse of the price performance of the NASDAQ-100 index. The fund normally invests at least 80% of assets in the equity securities that comprise the NASDAQ-100 index and/or financial instruments that, in combination, provide leveraged exposure to the index. It creates short positions. The fund may hold U.S. government securities and repurchase agreements to collateralize these futures and options contracts and swap agreements. It is nondiversified. | | | Fund Profile |
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