ProFunds UltraJapan ProFund Service Class (UJPSX)

Overview

The fund mentioned is a specialized investment vehicle that aims to provide investors with daily returns aligned with its Daily Target. The investment strategy of the fund revolves around financial instruments selected by the fund's advisors, who aim to replicate or exceed the performance of a specific index. This index is an adjusted price-weighted index focusing on the 225 most actively traded and liquid Japanese companies listed on the Prime Market of the Tokyo Stock Exchange (TSE). Given its focus on achieving specific daily returns through a targeted assortment of investments, this fund operates with a non-diversified portfolio, meaning it invests more heavily in a smaller selection of assets than diversified funds. This approach can lead to higher volatility and risk, as the fund's performance is more closely tied to the selected financial instruments and the underlying index it seeks to emulate.

Products and Services

The fund's main product offerings and services include:

• Daily Target-Based Investment

  This service refers to the fund's core strategy of adjusting its investments daily to aim for a specific return target. This approach is designed for investors looking for predictable short-term returns, based on the performance of the adjusted price-weighted index of the top 225 Japanese companies.

• Index-Focused Investment Strategy

  The fund employs a strategic investment approach that focuses on selecting financial instruments believed to track or outperform the price movements of an adjusted price-weighted index. This index comprises the 225 most actively traded and liquid Japanese companies on the TSE Prime Market. This strategy appeals to investors interested in gaining exposure to the Japanese market through a managed portfolio.

• Non-Diversified Investment Portfolio

  Being a non-diversified fund, the investment pool concentrates on a smaller range of financial instruments compared to diversified funds. This approach can offer higher returns due to the targeted investment in more concentrated assets but also comes with an increased level of risk and volatility. It is suitable for investors who are willing to accept higher risk for the possibility of higher short-term returns.