ProFunds

Ticker
Investor Class
SLPIX
Service Class
SLPSX

CUSIP
Investor Class
74318Q-880
Service Class
74318Q-823

Fund Number
Investor Class
013
Service Class
033

Inception Date
9/4/2001

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Votes

Small-Cap ProFund

Vital Statistics

Class	Ticker	CUSIP	Fund Number
Investor	SLPIX	74318Q-880	013
Service	SLPSX	74318Q-823	033

Inception Date for all share classes is 9/4/2001

NAV

as of 11/19/2009

Class	NAV	% Change	$ Change
Investor	$32.64	-2.45%	-$0.82
Service	$30.05	-2.47%	-$0.76

At a GlanceThe Small-Cap ProFund provides exposure to the Russell 2000^® Index. ObjectiveSeeks daily investment results, before fees and expenses, that correspond to the daily performance of the Russell 2000 Index.

There is no guarantee that any ProFund will achieve its investment objective. Investment return and principal value will vary and shares may be worth more or less at redemption than at original purchase. See the prospectus for more information.

Small capitalization stocks typically carry additional risk, since smaller companies have higher risk of failure and, historically, their stocks have experienced a greater degree of volatility.

Russell 2000® Index

The Russell 2000 Index measures the performance of the 2,000 smallest companies in the Russell 3000 Index, representing approximately 8% of the total market capitalization of the Russell 3000 Index, which in turn represents approximately 98% of the investable U.S. equity market. It is not possible to invest directly in an index.

Index (as of 9/30/2009)

Top 10 Index Companies

Name	Weight
Human Genome Sciences Inc.	0.34%
Perot Systems Corp-Class A	0.29%
Tupperware Brands Corp.	0.28%
Palm Inc.	0.27%
Polycom Inc.	0.25%
MFA Financial Inc.	0.25%
Highwoods Properties Inc.	0.25%
Skyworks Solutions Inc.	0.25%
Solera Holdings Inc.	0.24%
Bally Technologies Inc.	0.23%

Total Index Companies

2,003

Average Index Market Capitalization

538.33 million

Index Sector Weightings

Industry Groups	Weight
Consumer, Non-Cyclical	21.71%
Financial	19.22%
Industrial	14.70%
Consumer, Cyclical	13.84%
Technology	10.89%
Communications	8.53%
Energy	4.24%
Utilities	3.44%
Basic Materials	3.38%
Diversified	0.05%

Returns (as of 9/30/2009)

Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed may be worth more or less than the original cost. For standardized returns as of the most recent month-end, click here.

Returns include the reinvestment of dividends and capital gains.

YTD (as of 11/19/2009)	15.74%
Average Annual One Year	-12.34%
Average Annual Three Year	-6.27%
Average Annual Five Year	0.65%
Average Annual Ten Year	––
Average Annual Since Inception	2.28%
Cumulative Since Inception	19.96%
Gross Expense Ratio	1.81%
Net Expense Ratio*	1.68%

*Contractual waiver effective from December 1, 2007 through November 30, 2008. Without such a waiver of fees, the total returns would have been lower.

View Daily Price Movement Performance Chart

Fund Statistics

Limits On Exchanges	None
Minimum Investment
Individual Investor	$15,000
Financial Professionals	$5,000

All data, unless otherwise noted, is as of 9/30/2009 and for Investor Class Shares only and is subject to change.

07-00291

Investing in ProFunds involves certain risks, including in all or some cases, leverage, liquidity, concentration, non-diversification, foreign investment, foreign currency, high yield, interest rate, credit, market, correlation, aggressive investment technique and repurchase agreement risks. Moreover, there is no guarantee that any ProFund will achieve its investment objective. These risks can increase volatility and decrease performance. All ProFunds permit active investment strategies which can decrease performance and increase expenses.

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Many ProFunds routinely employ leveraged investment techniques that magnify gains and losses and result in greater volatility in value. Each leveraged or inverse ProFund seeks a return that is a multiple (e.g., 200%) of the return of an index or other benchmark (target) for a single day. Due to the compounding of daily returns, leveraged and inverse ProFunds' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. Investors should monitor holdings consistent with their strategies, as frequently as daily. For more on correlation, leverage and other risks, please read the prospectus.

All ProFunds are subject to active investor risk. 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 that 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.

"ProFunds Group" includes ProFunds mutual funds and ProShares ETFs. ProFunds are distributed by ProFunds Distributors, Inc., member FINRA.

Carefully consider the investment objectives, risks, charges and expenses of ProFunds before investing or sending money. This and other information can be found in their prospectuses. Read the prospectus carefully before investing. For a ProFunds prospectus, please call 888-PRO-FNDS (888-776-3637), or visit www.profunds.com. Financial professionals should call 888-PRO-5717 (888-776-5717).

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