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Our Classic ProFunds seek to provide daily investment results, before fees and expenses, that match (100%) the daily performance of their benchmark indexes.
So, if the S&P 500® goes up by 1% on a particular day, the value of the Bull ProFund seeks to increase by 1% (before fees and expenses). On a day when the S&P 500 declines by 1%, the Bull ProFund should lose 1% (before fees and expenses).
Classic ProFunds may be appropriate for those who want to match the daily performance of a particular index.
And like all ProFunds, Classic ProFunds may be appropriate for active investors. ProFunds does not limit how often an investor may exchange among ProFunds and do not impose any transaction fee when investors buy, sell or exchange a ProFund (other than a $10 wire redemption fee under certain circumstances).
All of the Classic ProFunds invests in a combination of equity securities and financial instruments that should simulate the movement of their benchmark indexes. For more information on the Classic ProFunds’ investment strategies and risks, please download the prospectus.
Notes:
There is no guarantee that any ProFund will achieve its investment objective. See the prospectus for more information. Small-Cap ProFunds carry additional risks since smaller companies generally have a higher risk of failure. The Europe 30 and Asia 30 ProFunds engage in international investing, which involves increased risk and volatility.
There are no restrictions on the size and frequency of trades and no transaction fees. The frequent exchanges our policies permit can decrease performance, increase expenses and incur tax consequences. All ProFunds permit active investment strategies can decrease performance and increase expenses. In addition, it is important to note that some ProFunds are not suitable for all investors, because of aggressive investment techniques many of the funds employ.
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