- What does CYPIX invest in?
- The ProFunds Consumer Services UltraSector Fund Investor Class (CYPIX) endeavors to generate daily investment returns, prior to any fees or expenses, that effectively multiply the daily performance of the Dow Jones U.S. Consumer ServicesSM Index by one and a half times (1.5x). The fund's strategy involves deploying capital into a combination of financial instruments which the adviser believes will consistently achieve this leveraged daily return target. The underlying Dow Jones U.S. Consumer ServicesSM Index itself monitors the equity performance of specific American corporations operating within the consumer services segment of the U.S. stock market. A key characteristic of this fund is its non-diversified nature, indicating a more concentrated portfolio.
- What is the expense ratio of CYPIX?
- ProFunds Consumer Services UltraSector Fund Investor Class (CYPIX) charges an expense ratio of 1.62%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is CYPIX?
- ProFunds Consumer Services UltraSector Fund Investor Class (CYPIX) manages $75.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is CYPIX actively managed or an index fund?
- CYPIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was CYPIX launched?
- ProFunds Consumer Services UltraSector Fund Investor Class (CYPIX) launched in January 2004 and is managed by the fund issuer.
- How has CYPIX performed?
- CYPIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
