"Aftershock makes a compelling argument for a chilling conclusion. Their track record demands our attention."

Sam Stovall , Chief Investment Strategist , Standard & Poor's
"Aftershock is a superb exegesis of how our damaged economy is in for further difficulties. Since the authors hedge their predictions not at all, a second event in which they will have been proven correct will lead to a very special stature."

Stanley Goldstein , Founder , New York Hedge Fund Roundtable

Chapter 6 - Bear Funds to Consider

Bear Funds to Consider

Bear funds are good because, like any mutual funds, they diversify your risk away from just a few stocks. They also offer informed, full-time professional management. Bear funds can be referred to as inverse funds since they are designed to perform in inverse correlation to the stock market. If the market goes down, they go up.

There are two major investment firms that sell bear funds: ProFunds and Rydex.

We have listed the inverse funds available from both of these firms below. More information is available on their web sites.

ProFunds

www.profunds.com (Note ProFund has many other fund types listed on their site.)

Pro Funds Lineup of Inverse Equity Mutual Funds

ProFund	Index	Daily Objective
Bear	S&P 500	Inverse
Short Small-Cap	Russell 2000	Inverse
Short OTC	NASDAQ-100	Inverse
Short Oil & Gas	DJ U.S. Oil & Gas	Inverse
Short Precious Metals	DJ Precious Metals	Inverse
Short Real Estate	DJ U.S. Real Estate	Inverse
UltraBear	S&P 500	Double the Inverse
UltraShort Mid-Cap	S&P MidCap 400	Double the Inverse
UltraShort Small-Cap	Russell 2000®	Double the Inverse
UltraShort Dow 30	Dow 30	Double the Inverse
UltraShort OTC	NASDAQ-100®	Double the Inverse
UltraShort International	MSCI EAFE	Double the Inverse
UltraShort Emerging Markets	BONY Emerging Markets 50 ADR	Double the Inverse
UltraShort Japan	Nikkei 225 Stock Average	Double the Inverse

Rydex

www.rydexfunds.com

Fund Name	Strategy	Share Classes	Ticker
Inverse Dynamic Dow	Seeks to provide investment results that inversely correspond to 200% of the daily performance of the Dow Jones Industrial AverageSM.	A	RYIDX
		C	RYCZX
		H	RYCWX
Inverse Dynamic OTC	Seeks to provide investment results that inversely correspond to 200% of the daily performance of the Nasdaq 100 Index®.	A	RYVTX
		C	RYCDX
		H	RYVNX
Inverse Dynamic Russell 2000®	Seeks to provide investment returns that inversely correlate to the daily performance of the Russell 2000® Index. The fund will attempt to consistently apply 200% inverse leverage to its benchmark.	A	RYIUX
		C	RYIZX
		H	RYIRX
Inverse Dynamic S&P 500	Seeks to provide investment results that inversely correspond to 200% of the daily performance of the S&P 500® Index.	A	RYTMX
		C	RYCBX
		H	RYTPX
Inverse Government Long Bon d	Seeks to provide investment returns that inversely correlate to the daily performance of the current Long Treasury Bond.	A	RYAQX
		Advisor	RYJAX
		C	RYJCX
		Investor	RYJUX
Inverse Mid-Cap	Seeks to provide investment results that inversely correspond to the daily performance of the S&P MidCap 400™ Index.	A	RYAGX
		C	RYCLX
		H	RYMHX
Inverse OTC	Seeks to provide investment returns that inversely correlate to the daily performance of the Nasdaq 100 Index®.	A	RYAPX
		Advisor	RYAAX
		C	RYACX
		Investor	RYAIX
Inverse Russell 2000®	Seeks to provide investment results that inversely correspond to the daily performance of the Russell 2000® Index.	A	RYAFX
		C	RYCQX
		H	RYSHX
Inverse S&P 500	Seeks to provide investment returns that inversely correlate to the daily performance of the S&P 500® Index.	A	RYARX
		Advisor	RYUAX
		C	RYUCX