Vital Statistics
| Class |
Ticker |
CUSIP |
Fund Number |
| Investor |
SPPIX |
74318W-671 |
117 |
| Service |
SPPSX |
74318W-689 |
147 |
Inception Date for all share classes is
1/9/2006
NAV
as of
7/24/2008
| Class |
NAV |
% Change |
$ Change |
| Investor |
$18.16 |
1.23% |
$0.22 |
| Service |
$19.46 |
1.25% |
$0.24 |
At a GlanceThe Short Precious Metals ProFund provides inverse exposure to the Dow Jones Precious Metals Index™.
ObjectiveSeeks daily investment results, before fees and expenses, that correspond to the inverse (opposite) of the daily performance of the Dow Jones Precious Metals 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 a 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. The ProFund is also subject to risk of fluctuating prices of precious metals, due to inflation, currency fluctuation, illiquidity and economic/political risk. For a detailed discussion of risks associated with the fund, refer to its prospectus.
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Dow Jones Precious Metals Index
The Dow Jones Precious Metals Index measures the performance of the precious metals mining industry. Component companies include leading miners and producers of gold, silver and platinum-group metals whose securities are available to U.S. investors during U.S. trading hours. It is not possible to invest directly in an index.
Index (as of
6/30/2008)
|
|
Top 10 Index Companies
| Name |
Weight |
| Freeport-McMoRan Copper & Gold Inc. |
24.04% |
| Barrick Gold Corp. |
21.32% |
| Goldcorp Inc. |
17.65% |
| Newmont Mining Corp. |
12.15% |
| Agnico-Eagle Mines Ltd. |
5.73% |
| AngloGold Ashanti Ltd. ADS |
5.24% |
| Gold Fields Ltd. ADS |
4.20% |
| Lihir Gold Ltd. ADS |
3.74% |
| Harmony Gold Mining Co. Ltd. ADS |
2.20% |
| Randgold Resources Ltd. ADS |
1.89% |
Total Index Companies
13
Average Index Market Capitalization
14.29 billion
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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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