Vital Statistics
| Class |
Ticker |
CUSIP |
Fund Number |
| Investor |
BKPIX |
74318Q-302 |
059 |
| Service |
BKPSX |
74318Q-401 |
089 |
Inception Date for all share classes is
9/4/2001
NAV
as of
1/5/2009
| Class |
NAV |
% Change |
$ Change |
| Investor |
$7.63 |
-6.72% |
-$0.55 |
| Service |
$7.78 |
-6.60% |
-$0.55 |
At a GlanceThe Banks UltraSector ProFund provides leveraged exposure to the Dow Jones U.S. Banks Index.
ObjectiveSeeks daily investment results, before fees and expenses, that correspond to 150%, of the daily performance of the Dow Jones U.S. Banks 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 invests in a single industry. Its shares do not represent a complete investment program. As non-diversified and single industry fund, the value of its shares may fluctuate more than shares invested in a broader range of industries and companies.
|
Dow Jones U.S. Banks Index
The Dow Jones U.S. Banks Index measures the performance of the banking industry of the U.S. equity market. Component companies include all regional and major U.S. domiciled international banks, savings and loans, savings banks, thrifts, and building associations and societies. Investment and merchant banks are excluded. It is not possible to invest directly in an index.
Index (as of
9/30/2008)
|
|
Top 10 Index Companies
| Name |
Weight |
| JP Morgan Chase & Co. |
19.16% |
| Bank of America Corp. |
18.94% |
| Wells Fargo & Co. |
13.89% |
| Citigroup Inc. |
13.26% |
| U.S. Bancorp |
7.39% |
| PNC Financial Services Group Inc. |
3.07% |
| BB&T Corp. |
2.48% |
| SunTrust Banks Inc. |
1.89% |
| Northern Trust Corp. |
1.89% |
| Hudson City Bancorp Inc. |
1.06% |
Total Index Companies
78
Average Index Market Capitalization
10.79 billion
|
|
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.
|
|