BIPIX – ProFunds Biotechnology UltraSector Inv Investment Strategy | Morningstar

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Strategy

The investment seeks daily investment results, before fees and expenses, that correspond to one and one-half times (1.5x) the daily performance of the S&P Biotechnology Select Industry Index. The index is designed to measure the performance of biotechnology companies included in the S&P Total Market Index. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BIPIX	ProFunds Biotechnology UltraSector Fund Investor Class	No Load	Open	—	—	Jun 19, 2000	$131.16M	1.520%	Low	$15,000	−$6.64M
BIPSX	ProFunds Biotechnology UltraSector Fund Service Class	Level Load	Open	—	—	Jun 19, 2000	$3.85M	2.520%	Average	$15,000	$314,874.47

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