URPIX – ProFunds UltraBear Inv Investment Strategy | Morningstar

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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 S&P 500® Index. The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. It is a market capitalization-weighted index of 500 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. It 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
URPIX	ProFunds UltraBear Fund Investor Class	No Load	Open	—	—	Dec 22, 1997	$5.90M	1.780%	Above Average	$15,000	$3.62M
URPSX	ProFunds UltraBear Fund Service Class	Level Load	Open	—	—	Dec 22, 1997	$54,361.00	2.780%	High	$15,000	$67,453.56

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