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Ticker
Investor Class
UFPIX
Service Class
UFPSX

CUSIP
Investor Class
74318X-760
Service Class
74318-X778


Fund Number
Investor Class
165
Service Class
195


Inception Date
10/17/2007



Vital Statistics

Class Ticker CUSIP Fund Number
Investor UFPIX 74318X-760 165
Service UFPSX 74318-X778 195

Inception Date for all share classes is 10/1/2007

NAV
as of 7/24/2008

Class NAV % Change $ Change
Investor $20.50 7.05% $1.35
Service $20.39 7.03% $1.34
At a GlanceThe UltraShort Latin America ProFund provides leveraged exposure to the Bank of New York Latin America 35 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 Latin America 35 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.
Returns (as of 6/30/2008)
YTD (as of 7/24/2008) -12.73%
Average Annual One Year ––
Average Annual Three Year ––
Average Annual Five Year ––
Average Annual Ten Year ––
Average Annual Since Inception ––
Cumulative Since Inception -46.79%
Gross Expense Ratio 1.46%
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 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.
 


An investor should consider the investment objectives, risks and charges and expenses of ProFunds carefully before investing or sending money. The prospectus contains this and other information about ProFunds. To obtain a prospectus, please download it now or call 888-PRO-FNDS. Financial Professionals should call 888-PRO-5717. The prospectus should be read carefully before investing.


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