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On the Rebound

Think Japan is bouncing back? Check out this fund.

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This story appears in the February 2007 issue of Entrepreneur. Subscribe »

In the '80s, Japan was the nation to watch. Its Nikkei stock market was soaring, and the Japanese were buying up coveted properties worldwide. But after peaking in 1989, the Nikkei floundered for more than a decade, right along with the nation's economy.

Today, many believe Japan is on its way back, so the UltraJapan ProFund (UJPIX) might be worth investigating--provided you're a sophisticated investor who can handle big performance swings and understand the fund's investment strategy.

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