UHPIX : ProFunds UltraShort China Fund Investor Class

Fund Summary

The investment seeks to provide daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the S&P/BNY Mellon China Select ADRSM 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 designed to track the performance of a basket of companies that are domiciled in China and that have a level II or III ADR program, New York Shares or Global Registered Shares listed with the New York Stock Exchange or NASDAQ. It is non-diversified.