Vital Statistics
| Class |
Ticker |
CUSIP |
Fund Number |
| Investor |
UCPIX |
74318A-331 |
105 |
| Service |
UCPSX |
74318A-323 |
135 |
Inception Date for all share classes is
1/30/2004
NAV
as of
7/24/2008
| Class |
NAV |
% Change |
$ Change |
| Investor |
$14.23 |
4.63% |
$0.63 |
| Service |
$14.24 |
4.63% |
$0.63 |
At a GlanceThe UltraShort Small-Cap ProFund provides leveraged exposure to the Russell 2000® Index.
ObjectiveSeeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of 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.
This ProFund routinely employs leveraged investment techniques that magnify gains and losses and result in greater volatility in value. This ProFund should experience losses when benchmark indexes rise.
This ProFund carries additional risks since smaller companies generally have a higher risk of failure.
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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
6/30/2008)
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|
Top 10 Index Companies
| Name |
Weight |
| COMSTOCK RESOURCES INC |
0.37% |
| PENN VIRGINIA CORP |
0.30% |
| ENERGY CONVERSION DEVICES |
0.28% |
| W-H ENERGY SERVICES INC |
0.28% |
| ALEXION PHARMACEUTICALS INC |
0.27% |
| GRAFTECH INTERNATIONAL LTD |
0.26% |
| EXCO RESOURCES INC |
0.26% |
| COMPASS MINERALS INTERNATION |
0.25% |
| ITC HOLDINGS CORP |
0.24% |
| BERRY PETROLEUM CO-CLASS A |
0.24% |
Total Index Companies
1,982
Average Index Market Capitalization
644.45 million
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|
Index Sector Weightings
| Industry Groups |
Weight |
| Consumer, Non-cyclical |
20.26% |
| Financial |
17.73% |
| Industrial |
15.89% |
| Consumer, Cyclical |
11.61% |
| Technology |
9.58% |
| Energy |
8.96% |
| Communications |
8.23% |
| Basic Materials |
4.01% |
| Utilities |
3.68% |
| Diversified |
0.04% |
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|
Fund Statistics
| Limits On Exchanges |
None |
| Minimum Investment |
Individual Investor |
$15,000 |
|
Financial Professionals |
$5,000 |
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All data, unless otherwise noted, is as of 6/30/2008 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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