UBPIX Fees and Costs — UltraLatin America ProFund, Investor Class
Data updated: 2026-10-13
The net expense ratio is 1.78%: a 0.75% management fee plus 1.25% other expenses, less a 0.22% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $7K in broker commissions, 0.0447% of average net assets, and portfolio turnover was 150%.
UBPIX Fees and Expenses
Annual operating expenses and sales charges of UBPIX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.25% |
| Gross expense ratio | 2.00% |
| Fee waiver | −0.22% |
| Net expense ratio | 1.78% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
UBPIX Costs Over Time
On $10,000 invested in UBPIX, assuming 5% a year before costs, total costs come to $1,123 over 5 years, cutting the return by 1.92% 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 1.78%) | $187 | $578 | $994 |
| Trading costs (broker commissions) | $5 | $15 | $25 |
| Lost growth on money paid in costs | $0 | $30 | $104 |
| Total costs | $192 | $622 | $1,123 |
| Value after costs | $10,308 | $10,954 | $11,640 |
| Impact on return, per year | 1.92% | 1.92% | 1.92% |
UBPIX 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): 0.0447%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $561.5M
- Portfolio turnover (prospectus): 150%
UBPIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Securities | $4K | 57.12% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $3K | 42.88% |
UBPIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities, LLC | $145.4M | 25.90% |
| HSBC Securities (USA) Inc. | $132.5M | 23.60% |
| Natwest Markets Securities Inc. | $104.8M | 18.66% |
| CF SECURED HOLDINGS, LLC | $72.2M | 12.86% |
| UMB Financial Services, Inc. | $48.6M | 8.66% |
| RBC Capital Markets, LLC | $46.4M | 8.27% |
| Credit Agricole Securities (USA) Inc. | $11.6M | 2.06% |
UltraLatin America ProFund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| UBPIX | Investor Class | 1.78% | — |
| UBPSX | Service Class | 2.78% | — |
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.