Lipper Snaps US-Ultrashort Latin America led in Jan.

BOSTON, Feb 3 (Reuters) - A Latin America-focused fund managed by ProFund
Advisors LLC was the top performer among U.S.-registered equity mutual funds in
February, data from Thomson Reuters fund research firm Lipper showed on
Wednesday.

The team-managed ProFunds UltraShort Latin LP40117483 returned 23.53
percent over the month, beating an average 3.88 percent loss for equity funds
tracked by Lipper.

The fund is down 80.34 percent over the past 12 months. By comparison,
equity funds on average have posted a 40.10 percent gain.

Following are tables of the best and worst performers in February among
equity funds listed in the Lipper Global indexes. Performance is shown in the
fund's local currency and may reflect declared dividends.

The tables use the latest available data and strip out smaller players.:

FUND LEADERS
Fund name 1 mth (%) 3 mth 1 yr 3 yr 5yr
1. ProFunds UltraShort Latin 23.53 -3.67 -80.34 NA NA
America;Investor LP40117483
2. ProFunds UltraShort Emergin 21.74 -2.18 -73.43 -87.69 NA
Markets ProFund;Inv LP40107940
3. Direxion Monthly Emerging 15.44 -9.52 -78.98 -91.65 NA
Markets Bear 2x Fund;Inv LP40105153
4. ProFunds UltraShort China 15.36 -4.16 -74.89 NA NA
ProFund;Investor LP40118829
5. ProFunds Short Precious 12.94 1.12 -33.00 -61.13 NA
Metals ProFund;Investor LP40106273

FUND LAGGARDS
Fund name 1 mth (%) 3 mth 1 yr 3 yr 5yr
1. Direxion Monthly Latin -22.02 -3.76 147.44 -42.39 NA
America Bull 2x Fund;Inv LP40108052
2. ProFunds UltraLatin America -21.15 -3.60 164.61 NA NA
LP40117481
3. ProFunds UltraEmerging Mark -19.65 -4.36 116.26 -45.30 NA
ProFund;Investor LP40107938
4. ProFunds Precious Metals -18.68 -9.47 19.88 -27.29 13.45
UltraSector ProFund;Inv LP40059915
5. Direxion Monthly China -18.66 -16.03 100.29 NA NA
Bull 2x Fund;Inv LP40118486

Lipper, a Thomson Reuters company, provides independent insight on global
collective investments including mutual funds, retirement funds, hedge funds,
fund fees and expenses to the asset management and media communities.

Lipper is the world's leading fund research and analysis organization,
covering over 200,000 share classes and more than 110,000 funds in 59 markets.
It provides the free Lipper Leader ratings for mutual funds registered for sale
in 27 countries. Additional information is available at www.lipperweb.com.
(Reporting by Aaron Pressman)