| March 19, 2022
Thank you for your interest in ProFunds.
Leveraged and inverse funds have become a popular way for knowledgeable investors to implement a variety of investment strategies. By seeking to provide a multiple or inverse multiple of the daily performance of an index or benchmark (before fees and expenses), these funds may enable investors to efficiently capitalize on their market views or to help hedge their portfolios.
As a leader in leveraged and inverse funds, ProFunds is committed to providing educational information to help investors understand these products. As with any investment product, we believe investors need to be knowledgeable about how they work and their potential benefits and risks, before investing. So, while leveraged and inverse funds can be valuable tools, they are not appropriate for every investor.
On our website, you will find information about leveraged and inverse funds including fund prospectuses, shareholder reports, and other educational and background information. We encourage you to read these materials carefully, and to consult with a financial professional before investing.
Whether you are a new or experienced investor in leveraged and inverse funds, we welcome the opportunity to help you become more knowledgeable about how they work, and the specialized opportunities and risks associated with them.
Sincerely,
ProFund Advisors