Ultralatin America Profund Fund Quote
| UBPSX Fund | USD 12.79 0.24 1.84% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Ultralatin America is trading at 12.79 as of the 14th of December 2024; that is 1.84 percent down since the beginning of the trading day. The fund's open price was 13.03. Ultralatin America has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 14th of November 2024 and ending today, the 14th of December 2024. Click here to learn more.
The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to track the performance of a basket of companies that are domiciled in Latin America and who also have level II or III ADR program, New York Shares or Global Registered Shares listed with the NYSE or Nasdaq. More on Ultralatin America Profund
Moving together with Ultralatin Mutual Fund
| 0.72 | UIPIX | Ultrashort Mid Cap Steady Growth | PairCorr |
| 0.73 | UIPSX | Ultrashort Mid Cap Steady Growth | PairCorr |
Moving against Ultralatin Mutual Fund
Ultralatin Mutual Fund Highlights
| Fund Concentration | ProFunds Funds, Large Value Funds, Trading--Leveraged Equity Funds, Trading--Leveraged Equity, ProFunds (View all Sectors) |
| Update Date | 31st of December 2024 |
Ultralatin America Profund [UBPSX] is traded in USA and was established 14th of December 2024. Ultralatin America is listed under ProFunds category by Fama And French industry classification. The fund is listed under Trading--Leveraged Equity category and is part of ProFunds family. This fund at this time has accumulated 35.28 M in net assets with no minimum investment requirementsUltralatin America is currently producing year-to-date (YTD) return of 52.24% with the current yeild of 0.06%, while the total return for the last 3 years was 3.85%.
Check Ultralatin America Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Ultralatin Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Ultralatin Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Ultralatin America Profund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Ultralatin America Profund Mutual Fund Constituents
| AMX | America Movil SAB | Stock | Communication Services | |
| BCH | Banco De Chile | Stock | Financials | |
| FMX | Fomento Economico Mexicano | Stock | Consumer Staples |
Ultralatin America Risk Profiles
| Mean Deviation | 1.65 | |||
| Standard Deviation | 2.09 | |||
| Variance | 4.37 | |||
| Risk Adjusted Performance | (0.06) |
Ultralatin America Against Markets
Other Information on Investing in Ultralatin Mutual Fund
Ultralatin America financial ratios help investors to determine whether Ultralatin Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ultralatin with respect to the benefits of owning Ultralatin America security.
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