ProFunds Biotechnology UltraSector Svc (BIPSX)
Nicole Tesoriero
If I were to purchase a mutual fund, I would purchase ProFunds Biotechnology UltraSector SVC (BIPSX). One of the reasons I would pick it is because it was rated #2 mutual fund in a study done by "Morningstar.com". It has really high numbers which is why I considered purchasing it. The fund is now selling for $136.53. At the moment, BIPSX is done 0.29%. This is a minuscule factor when looking at the big picture of purchasing this fund though. I can prove to you right now that if you were to invest, you wouldn't be wasting your time. In the 5 year scale from April 28, 2008, it is up 176.15%. That is remarkable. In the 2 year scale, it is up 133.15% as well as being up 93.91% in the one year scale. It's net assets are a whopping 167.68 million!! The company has had a historically high closing on April 29th at a new high at $136.53. This health company is a great fund to invest in. It has a 3 month return of 37.41%, 37.41% YTD return, a 3 year return of 32.9%, and a 5 year return of 21.03. It is in the ProFunds family which is takes the top 4 spaces in the top Mutual fund finders. When you look at the chart, the money has been moving in the "bull" direction for the past 5 years. That is reliable. This company is run by the manager Hratch Najarian who has been the manager since September 30, 2011. He was an associate portfolio manager with ProFund managers since 2004. Since he began, the company has been excelling dramatically in the long-run. Overall, according to the holdings, performance, quotes, profile, and reports, I believe that it is an obviously smart decision to buy this fund. You will not regret it as you continue to make bank!!
| Top 10 Holdings (51.74% of Total Assets) |
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-Nicole Tesoriero
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