|Net Assets||22.13 Mil|
- Last NAV update 8/21/2014 4:00 PM ET
|The investment seeks daily investment results, before fees and expenses, that correspond to twice the inverse (-2x) of the daily performance of the S&P 500®. The fund invests in derivatives that the adviser believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. It is a float-adjusted, market capitalization weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization and financial viability. The fund is non-diversified.|
- Year to date performance as of 8/21/2014 12:00 AM ET
|Fund Manager||Michael Neches|
|Minimum Initial Purchase||15,000.00|
|Minimum IRA Investment||15,000.00|
- * Annualized returns
- Performance as of 8/21/2014 12:00 AM ET
|Net Assets||22.13 Mil||103.39 Mil|
|Avg Market Cap||NA||1.14 Bil|
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