ProFunds Europe 30 ProFund
Energy Exposure Has Worked Wonders for the Europe 30 ProFund
UEPIX’s high exposure energy stocks has been extremely beneficial in 2016, especially after February 11, when crude oil prices touched a multiyear low.
Why Is the Europe 30 ProFund Enjoying 2016 So Far?
The Europe 30 ProFund Investor Class (UEPIX) has risen 1.9% YTD (year-to-date). It’s one of only two funds in this review to have risen in the period.
The Year-to-Date Sector Composition of the Europe 30 ProFund
The Europe 30 ProFund Investor Class is benchmarked to the ProFunds Europe 30 Index and seeks to achieve investment results that correspond to the index.
Which Sector Provided the Most Support to UEPIX in 1Q16?
The Europe 30 ProFund – Investor Class (UEPIX) fell 1.5% in 1Q16, ranking it fourth among the 12 funds in this review. In the past one year, the fund has fallen 10.5%.
Draghi on ECB Stimulus and Brexit: Are Volatile Times Ahead?
Mario Draghi, president of the ECB, has been facing criticism, especially from German officials, about the effectiveness of ECB stimulus measures. How is this affecting Europe-focused mutual funds?
How More Stimulus Might Affect Europe-Focused Mutual Funds
A rise in stocks after the European Central Bank’s announcement on January 21 provided a short-term boost to Europe-focused mutual funds (IEOAX) (UEPIX).
How High Energy Exposure Hurt the ProFunds Europe 30 Investor Class in September
The ProFund Europe 30 fell by 4.8% in September from the previous month. With over one-fifth of its assets invested in the energy sector, it’s no surprise.
Index Composition Hurts the Europe 30 ProFund in August 2015
The Europe 30 ProFund follows a passive strategy of investment, as it intends to replicate the performance of the underlying benchmark.