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Strategies & Market Trends : Ultra OTC Fund - UOPIX
UOPIX 149.70-0.5%Dec 8 4:00 PM EST

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To: James F. Hopkins who wrote (1039)12/29/2000 3:20:50 AM
From: John  Read Replies (2) of 2063
 
Hi James,

Wow; Distribution OF CAP GAINS?

Apparently so, Jim! :-) I was surprised about the amount though. I saw 250 new shares in my UOPIX account this morning!!! Merry Christmas from ProFunds! Plus, I'm now prepared for another purchase. Thanks to UOPIX's lower price caused by the distribution, I'm REALLY geared for that buy now!

They normally don't do 2x but more like 1.8

This is not accurate, Jim. A few months back, I analyzed the daily percentage moves of UOPIX since its inception. I don't recall the exact number, but the average of the DAILY percentage UOPIX moves was somewhere on the order of 1.95 times greater than NDX. The June edition of your Semi-Annual report from ProFunds speaks to the accuracy of UOPIX on Page 1.

Happy Holiday's,
John in Iceland
Cloudy, 21°F
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