UVPSX : ProFunds UltraShort Emerging Market Fund Service Class

Fund Summary

The investment seeks daily investment results that correspond to two times the inverse (-2x) of the daily performance of the S&P/BNY Mellon Emerging Markets 50 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 who are domiciled in an emerging market of an emerging market country and who also 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.