Ander's Market Theories

[AnderL]

Profunds - Short Term Trading funds.

http://www.profunds.com

I came across these a few months back when looking for some ETFs or Bear Market funds. Lo and behold what I discovered looking through their prospectuses. I was impressed.

Their Ultra Series funds trade 200% the index that they match. I was expecting some pretty weak analog but to my surprise they match the moves on their respective index by about 1 to 2% points even as a 200% match fund. Their Bear Funds actually go the inverse of the respective index by going short all the stocks in that index and they match almost perfectly as well.

I don't recommend them for the short term trader or someone who wants a fast intraday exit as you are actually trading the closing price. But if you are playing long swings that go for more than several trading days to a few weeks they seem to be ideal. Their Sector Funds match 150% of a sector move and seem to outperform most of the sector leader by percentage gain, coupled with the fact that they distribute the fund over several stocks so you aren't throwing all your egg in one basket ahead of a bad earnings report or some insider dumping that kills momentum.

I especially like their Dollar Index Funds which I believe will be doing quite well over the next year or 2. They include a long USD Index fund and an Inverse Fund. With all these options you really don't need to go too far to find a play.

Stepping off the soap box on these funds and adding the disclaimer that I don't sell these funds and am not affiliate with them in anyway. Just giving kudos where they are due. They beat the Rydex funds hands down IMO.

Investor Class  	 		Service Class 
  
 				Ticker  	CUSIP  	Fund#		Ticker  	CUSIP  	Fund# 
  
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 Classic ProFunds 
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 Bull 				BLPIX 	743185-704 	004 		BLPSX 	743185-100 	024 
 Mid-Cap 			MDPIX 	74318Q-856 	016 		MDPSX 	74318Q-781 	036 
 Small-Cap 			SLPIX 	74318Q-880 	013 		SLPSX 	74318Q-823 	033 
 OTC 				OTPIX 	743185-159 	040 		OTPSX 	743185-142 	070 
 Large-Cap Value 		LVPIX 	74318A-513 	068 		LVPSX 	74318A-497 	098 
 Large-Cap Growth 		LGPIX 	74318A-489 	069 		LGPSX 	74318A-471 	099 
 Mid-Cap Value 			MLPIX 	74318Q-849 	017 		MLPSX 	74318Q-773 	037 
 Mid-Cap Growth 			MGPIX 	74318Q-831 	018 		MGPSX 	74318Q-765 	038 
 Small-Cap Value 		SVPIX 	74318Q-872 	014 		SVPSX 	74318Q-815 	034 
 Small-Cap Growth 		SGPIX 	74318Q-864 	015 		SGPSX 	74318Q-799 	035 
 Europe 30 			UEPIX 	743185-811 	002 		UEPSX 	743185-829 	022 
  
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 Ultra ProFunds 
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 UltraBull 			ULPIX 	743185-803 	005 		ULPSX 	743185-209 	025 
 UltraMid-Cap 			UMPIX 	743185-720 	011 		UMPSX 	743185-654 	031 
 UltraSmall-Cap 			UAPIX 	743185-746 	010 		UAPSX 	743185-670 	030 
 UltraDow 30 			UDPIX 	74318A-539 	067 		UDPSX 	74318A-521 	097 
 UltraOTC 			UOPIX 	743185-860 	008 		UOPSX 	743185-506 	028 
 UltraJapan 			UJPIX 	743185-696 	012 		UJPSX 	743185-639 	032 
  
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 Inverse ProFunds 
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 Bear 				BRPIX 	743185-886 	006 		BRPSX 	743185-308 	026 
 Short Small-Cap 		SHPIX 	74318A-554 	064 		SHPSX 	74318A-547 	094 
 Short OTC 			SOPIX 	74318A-570 	063 		SOPSX 	74318A-562 	093 
 UltraBear 			URPIX 	743185-878 	007 		URPSX 	743185-407 	027 
 UltraShort Mid-Cap 		UIPIX 	74318A-356 	104 		UIPSX 	74318A-349 	134 
 UltraShort Small-Cap 		UCPIX 	74318A-331 	105 		UCPSX 	74318A-323 	135 
 UltraShort Dow 30 		UWPIX 	74318A-372 	103 		UWPSX 	74318A-364 	133 
 UltraShort OTC 			USPIX 	743185-845 	009 		USPSX 	743185-837 	029 
  
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 UltraSector ProFunds 
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 Banks 				BKPIX 	74318Q-302 	059 		BKPSX 	74318Q-401 	089 
 Basic Materials 		BMPIX 	74318Q-514 	042 		BMPSX 	74318Q-498 	072 
 Biotechnology 			BIPIX 	743185-480 	043 		BIPSX 	743185-472 	073 
 Consumer Goods 			CNPIX 	743185-464 	044 		CNPSX 	743185-456 	074 
 Consumer Services 		CYPIX 	743185-332 	051 		CYPSX 	743185-324 	081 
 Financials 			FNPIX 	743185-399 	048 		FNPSX 	743185-381 	078 
 Health Care 			HCPIX 	743185-373 	049 		HCPSX 	743185-365 	079 
 Industrials 			IDPIX 	743185-225 	056 		IDPSX 	743185-217 	086 
 Internet 			INPIX 	743185-357 	050 		INPSX 	743185-340 	080 
 Leisure Goods 			* 	74318Q-500 	060 		* 	74318Q-609 	090 
 Mobile Telecomm 		WCPIX 	743185-282 	053 		WCPSX 	743185-274 	083 
 Oil Equip., Svcs. & Dist. 	* 	74318Q-708 	061 		* 	74318Q-807 	091 
 Oil & Gas 			ENPIX 	743185-175 	046 		ENPSX 	743185-167 	076 
 Pharmaceuticals 		PHPIX 	743185-423 	047 		PHPSX 	743185-415 	077 
 Precious Metals 		PMPIX 	743185-316 	052 		PMPSX 	743185-290 	082 
 Real Estate 			REPIX 	743185-530 	041 		REPSX 	743185-522 	071 
 Semiconductor 			SMPIX 	743185-449 	045 		SMPSX 	743185-431 	075 
 Technology 			TEPIX 	743185-266 	054 		TEPSX 	743185-258 	084 
 Telecommunications 		TCPIX 	743185-241 	055 		TCPSX 	743185-233 	085 
 Utilities 			UTPIX 	743185-191 	057 		UTPSX 	743185-183 	087 
  
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 Currency/Bond Benchmarked ProFunds 
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 U.S. Government Plus 		GVPIX 	74318A-620 	062 		GVPSX 	74318A-612 	092 
 Rising Rates 10 		RTPIX 	74318A-265 	108 		RTPSX 	74318A-257 	138 
 Rising Rates Opportunity 	RRPIX 	74318A-596 	065 		RRPSX 	74318A-588 	095 
 Rising U.S. Dollar 		RDPIX 	74318A-224 	112 		RDPSX 	74318A-216 	142 
 Falling U.S. Dollar 		FDPIX 	74318A-190 	113 		FDPSX 	74318A-182 	143 
  
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 Money Market ProFund 
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 Money Market 			MPIXX 	743185-852 	001 		MPSXX 	743185-605 	021