RDPIX

About RDPIX

ProFunds Rising U.S. Dollar Fund Investor Class is a mutual fund focused on delivering daily investment results that correspond to the performance of the U.S. Dollar Index. The primary purpose of this fund is to provide exposure to movements in the value of the U.S. dollar relative to a basket of major foreign currencies. By employing financial instruments such as derivatives and forward contracts, the fund aims to capture gains when the U.S. dollar strengthens against other major currencies. This makes it a specialized tool for investors seeking to express a specific view on currency markets or to hedge currency risk in a diversified portfolio. The fund is particularly notable for its alternative currency strategy and relatively high expense ratio, with assets under management totaling approximately $9.7 million and a minimum investment requirement of $15,000. Annual dividends are distributed, providing an element of income in addition to potential capital appreciation. Since its inception in 2005, this fund has offered a unique option for those with exposure or sensitivity to fluctuations in the global currency markets.