Author Archives: Site Administrator
Russian ETFs Experience Large Decline in 2014
The Russian stock market index, the RTS, was the worst performing world market in 2014, down 45.2%, due to global sanctions and geopolitical concerns. Several Russian investment funds actively trade in the US in the form of exchange traded funds (ETFs). ETFs are set up to track the performance of an underlying index or… Read More »
The Direxion Daily Russia Bull 3X ETF Was Down 91.10% In 2014
The Direxion Daily Russia Bull 3X ETF (NYSEArca: RUSL) is a non-diversified, leveraged, exchange traded fund that seeks to match 300% of the daily performance of the Market Vectors Russia Index. In other words, the fund attempts to move three times as much as the index in the same direction on a daily basis…. Read More »
The Direxion Monthly Latin America Bull 2X Fund (DXZLX) Down 30.92% In 2014
The Direxion Monthly Latin America Bull 2X Fund (DXZLX) is a non-diversified fund that seeks to match 200% of the monthly performance of the S&P Latin America 40 Index. In other words, the fund attempts to move twice as much as the index in the same direction. The fund seeks to invest its assets… Read More »
The Aegis High Yield Fund Was Down 29.06% In 2014
The Aegis High Yield Fund, which trades under the ticker symbols AHYAX and AHYFX, seeks to maximize total return by focusing on high income securities. The fund seeks to invest at least 80% of its assets in high-yield fixed income securities, including bonds and preferred stocks. The fund’s diversified portfolio include securities that are… Read More »
The Goldman Sachs Commodity Strategy Fund Down 31% In 2014
The Goldman Sachs Commodity Strategy Fund, which trades under the ticker symbols GSCAX, GSCCX, GCCRX, GCCTX, and GCCIX, is a non-diversified fund that seeks long-term total return. The fund seeks to maintain economic exposure tied to the commodities markets without direct investment in physical commodities by investing in investment-grade fixed income securities and commodity-linked… Read More »
The T. Rowe Price Emerging Europe Fund (TREMX) Down Over 35% In 2014
The T. Rowe Price Emerging Europe Fund (TREMX) is a non-diversified fund that seeks long-term capital growth. The fund seeks to invest at least 80% of its assets in common stocks of companies located in emerging European countries, primarily in eastern Europe. Additionally, the fund may use leveraged borrowings for investment purposes. The fund… Read More »
The ProFunds Precious Metals UltraSector Fund Down 35.99% In 2014
The ProFunds Precious Metals UltraSector Fund, which trades under the ticker symbols PMPSX and PMPIX, is a non-diversified fund that seeks to match 150% of the daily performance of the Dow Jones Precious Metals Index. In other words, the fund attempts to move one and a half times as much as the index in… Read More »
The ProFunds Rising Rates Opportunity Fund Down Over 30% In 2014
The ProFunds Rising Rates Opportunity Fund, which trades under the ticker symbols RRPSX and RRPIX, is a non-diversified fund that seeks to match 125% of the inverse daily performance of the 30-Year U.S. Treasury Bond. In other words, the fund attempts to move one and a quarter times as much as the bond index,… Read More »
The Rydex Energy Services Fund Down 29.51% In 2014
The Rydex Energy Services Fund, which trades under the ticker symbols RYESX, RYVCX, RYVAX, and RYVIX, is a non-diversified fund that seeks capital appreciation. The fund seeks to invest at least 80% of its assets in small to mid-sized, domestic, energy service common stocks, indexes, options, and derivatives. Additionally, the fund may invest in… Read More »
The ProFunds UltraLatin America Fund Was Down 37.33% In 2014
The ProFunds UltraLatin America Fund, which trades under the ticker symbols UBPSX and UBPIX, is a non-diversified fund that seeks to match 200% of the daily performance of the BNY Mellon Latin America 35 ADR Index. In other words, the fund attempts to move twice as much as the index in the same direction…. Read More »