Hi and welcome to the forum
A named range is 1 that you actually give a name to through the Name Range Manager, and it looks like thats not what you have done?
$ is used to absolute a cell reference, locking it so that when copied, it doesnt change.. it comes in 3 different "flavors...
$A$1 absolutes the entire cell reference, it will not chance when copied down or across
$A1 absolutes only the column, "A" will not change when copied across, but "1" WILL change when copied down
A$1 absolutes only the row, "1" will not change when copied down, but "A" will change when copied across
what exactly are you trying to do, because there are other functions in 2013 that have to a large extent replaced the need to use sumproduct?
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