BRPSX

About BRPSX

ProFunds Bear Service Class is an inverse mutual fund designed to provide daily returns that correspond to the inverse (-1x) of the daily performance of the S&P 500 Index. Unlike traditional equity funds, this fund primarily invests in financial instruments such as swap agreements and futures contracts, allowing it to achieve negative exposure to the movements of the S&P 500 rather than holding the underlying equities directly. Its primary function is to offer investors a way to profit from, or hedge against, declines in the broad U.S. equity market. The fund’s holdings are allocated across various derivatives and are actively managed to maintain its inverse correlation on a daily basis. This structure positions it as a tactical tool for short-term market strategies, especially among investors or institutions seeking to offset losses during periods of market downturns. ProFunds Bear Service Class plays a distinctive role within the financial markets by enabling directional bets against major U.S. large-cap stocks, and is most relevant for sophisticated users with a clear understanding of inverse daily performance and associated risks, including the effects of daily compounding and potential for performance drift over longer periods.