ProFunds UltraShort Small-Cap Fund Service Class UCPSX Strategy
Strategy
The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Russell 2000® Index. The fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is a measure of small-cap U.S. stock market performance. The fund is non-diversified.
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Morningstar Rating for Funds
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Medalist Rating
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UCPIX
| ProFunds UltraShort Small-Cap Fund Investor Class | No Load | Open | — | — | $1.78M | 1.780% | Above Average | $15,000 | −$2.43M | |
UCPSX
| ProFunds UltraShort Small-Cap Fund Service Class | Level Load | Open | — | — | $1,209.00 | 2.780% | High | $15,000 | $1,543.55 |