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Strategies & Market Trends : A.I.M Users Group Bulletin Board
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To: OldAIMGuy who wrote (6970)3/4/1999 7:24:00 PM
From: Larry Grzemkowski  Read Replies (2) of 18928
 
Hi Tom

I have been out of town for a few days so please excuse the late reply. Here is the answer I got from Profunds:

"In the example you gave, a single day drop in the index of 60%, our fund would drop 100% in value, not 120%. The fund can't go below zero in value."

I do not know how they work it but that is what they said.

Larry G
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