Vital Statistics
| Class |
Ticker |
CUSIP |
Fund Number |
| Investor |
RRPIX |
74318A-596 |
065 |
| Service |
RRPSX |
74318A-588 |
095 |
Inception Date for all share classes is
5/1/2002
NAV
as of
1/5/2009
| Class |
NAV |
% Change |
$ Change |
| Investor |
$11.98 |
3.99% |
$0.46 |
| Service |
$11.80 |
3.96% |
$0.45 |
At a GlanceThe Rising Rates Opportunity ProFund provides leveraged exposure to the most recently issued 30-year U.S. Treasury bond ("Long Bond"). The Fund seeks to track the Long Bond's daily 4 p.m. price.
The benchmark for Rising Rates Opportunity ProFund is the most recently issued 30-year U.S. Treasury bond. U.S. Treasury bonds are guaranteed as to the timely payment of principal and interest, if held to maturity. However, both the principal and yield of a mutual fund will fluctuate with changes in market conditions.
ObjectiveThe Rising Rates Opportunity ProFund seeks daily investment results, before fees and expenses, that correspond to one and one-quarter times (125%) the inverse (opposite) of the daily price movement of the most recently issued 30-year U.S. Treasury bond ("Long Bond"). In accordance with its stated objective, the net asset value of Rising Rates Opportunity ProFund generally should decrease as interest rates fall.
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.
Investments in this ProFund are subject to market risks, including movements in prevailing interest rates.
|
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.
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