TCPIX : ProFunds Telecommunications UltraSector Fund Investor Class

Fund Summary

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 Dow Jones U.S. Select TelecommunicationsSM Index. The fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns consistent with the fund's investment objective. The index is a measure of U.S. stock market performance of fixed line (regional and long-distance carriers) and mobile telephone services (cellular, satellite and paging services). The fund is non-diversified.