FDPSX

About FDPSX

ProFunds Falling U.S. Dollar Fund Service Class is a mutual fund designed to provide daily investment results that correspond to the inverse daily performance of a basket of non-U.S. currencies. Its primary purpose is to benefit from a decline in the value of the U.S. dollar relative to a select group of global currencies, specifically those in the ICE U.S. Dollar Index—the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. The fund targets exposure to these currencies through financial instruments tied to their movements, making it distinctive among mutual funds by offering a way to pursue returns when the U.S. dollar weakens against its major trading partners. With its focus on currency movement, the fund is relevant for investors seeking to hedge against U.S. dollar depreciation or to gain tactical exposure to foreign exchange market trends. The ProFunds Falling U.S. Dollar Fund Service Class plays a specialized role in the market, allowing participants to seek inverse U.S. dollar exposure without directly trading currency futures or forex contracts.