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Ticker
Investor Class
UVPIX
Service Class
UVPSX

CUSIP
Investor Class
74318X-844
Service Class
74318X-836


Fund Number
Investor Class
163
Service Class
193


Inception Date
4/19/2006


No Proxy Voting
Records
Available For
This Fund

Vital Statistics

Class Ticker CUSIP Fund Number
Investor UVPIX 74318X-844 163
Service UVPSX 74318X-836 193

Inception Date for all share classes is 4/19/2006

NAV
as of 1/5/2009

Class NAV % Change $ Change
Investor $6.92 -4.55% -$0.33
Service $7.02 -4.49% -$0.33
At a GlanceUltraShort Emerging Markets ProFund provides leveraged exposure to the Bank of New York Emerging Markets 50 ADR Index. ObjectiveSeeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the Bank of New York Emerging Markets 50 ADR 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.

Further, an investment in this ProFund entails the special risks of investing in securities of issuers based in countries with developing economies. Investing in such emerging market securities imposes risks different from, or greater than, the risks of investing in domestic securities or in foreign, developed countries. For a detailed discussion of risks associated with this ProFund, refer to its prospectus.



Returns (as of 9/30/2008)
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 1/5/2009) -14.04%
Average Annual One Year 19.49%
Average Annual Three Year ––
Average Annual Five Year ––
Average Annual Ten Year ––
Average Annual Since Inception -31.07%
Cumulative Since Inception -59.80%
Gross Expense Ratio 1.53%
Net Expense Ratio ––

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

All data, unless otherwise noted, is as of 9/30/2008 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.
 


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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