FUND SUMMARY
The investment seeks daily investment results that correspond to twice the inverse of the daily performance of the NASDAQ-100 index. The fund normally commits at least 80% of assets to financial instruments with economic characteristics that should be inverse to those of the index. It employs leveraged investment techniques in seeking its investment objective. The fund invests assets which are not invested in equity securities or financial instruments in debt instruments or money market instruments. It is nondiversified..
FUND OPERATIONS
Last Dividend (27-Dec-07): 0.60
Last Cap Gain N/A
Annual Holdings Turnover 1257.00%
Average for Category: 333.98%
FEES & EXPENSES
Expense USPIX Category
Avg
Total Expense Ratio: 1.41% 1.98%
Max 12b1 Fee: 0.00% N/A
Max Front End Sales Load: 0.00% 4.80%
Max Deferred Sales Load: 0.00% 1.23%
3 Yr Expense Projection*: $446 $805
5 Yr Expense Projection*: $771 $1,335
10 Yr Expense Projection*: $1,691 $2,735
* Per $10,000 invested

Technology Bull Market makes this unattractive