Fund Description

The fund invests in financial instruments that ProFund Advisors believes, in combination, should produce daily returns consistent with its Daily Target, seeking to remain fully invested and to rebalance exposure each day. Under normal circumstances, it obtains leveraged exposure to at least 80% of total assets in components of an index of China-domiciled companies traded on U.S. exchanges, or instruments with similar economic characteristics. It invests principally in common stocks, depositary receipts (ADRs, GDRs), and derivatives such as swap agreements, with related cash held in high-quality short-term money market instruments such as U.S. Treasury bills and repurchase agreements.