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03/23/08
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Free
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The UltraEmerging Markets ProFund provides leveraged exposure to the New York Emerging Markets 50 ADR Index. Seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of the Bank of New York Emerging Markets 50 ADR Index. BNY Emerging Markets 50 ADR Index is a free-float adjusted capitalization-weighted index. The Index is designed to track the performance of a basket of companies who have their primary equity listing on a stock exchange of an emerging market country and who also have Depositary Receipts that trade on a U.S. exchange or on the NASDAQ. The Index is maintained by The Bank of New York. The Index currently consists of the following emerging market countries: Brazil, Korea, Mexico, Taiwan, China, South Africa, India, Israel, Russia, Indonesia and Argentina.
