BKPSX Fees and Costs — Banks UltraSector ProFund, Service Class
Data updated: 2026-10-13
The net expense ratio is 2.69%: a 0.75% management fee, a 1.00% 12b-1 fee plus 0.94% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1K in broker commissions, 0.0138% of average net assets, and portfolio turnover was 184%.
BKPSX Fees and Expenses
Annual operating expenses and sales charges of BKPSX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.94% |
| Gross expense ratio | 2.69% |
| Fee waiver | — |
| Net expense ratio | 2.69% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
BKPSX Costs Over Time
On $10,000 invested in BKPSX, assuming 5% a year before costs, total costs come to $1,635 over 5 years, cutting the return by 2.84% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 2.69%) | $282 | $866 | $1,475 |
| Trading costs (broker commissions) | $1 | $4 | $8 |
| Lost growth on money paid in costs | $0 | $44 | $152 |
| Total costs | $284 | $914 | $1,635 |
| Value after costs | $10,216 | $10,662 | $11,128 |
| Impact on return, per year | 2.84% | 2.84% | 2.84% |
BKPSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0138%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $433.7M
- Portfolio turnover (prospectus): 184%
BKPSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Securities | $651 | 56.49% |
| BNP Paribas Securities Corp. | $501 | 43.51% |
BKPSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities, LLC | $115.6M | 26.65% |
| HSBC Securities (USA) Inc. | $108.1M | 24.92% |
| Natwest Markets Securities Inc. | $78.9M | 18.20% |
| CF SECURED HOLDINGS, LLC | $39.2M | 9.03% |
| UMB Financial Services, Inc. | $37.1M | 8.55% |
| RBC Capital Markets, LLC | $36.9M | 8.51% |
| Credit Agricole Securities (USA) Inc. | $17.9M | 4.14% |
| BNP Paribas Securities Corp. | $73 | 0.00% |
Banks UltraSector ProFund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| BKPIX | Investor Class | 1.69% | — |
| BKPSX | Service Class | 2.69% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.