UXPSX

About UXPSX

ProFunds UltraShort International Fund Service Class is a mutual fund specifically designed to deliver inverse leveraged exposure to international equity markets. Its primary objective is to achieve daily investment results, before fees and expenses, that correspond to twice the inverse (-2x) of the daily performance of the MSCI EAFE Index, which tracks large- and mid-cap stocks in developed markets outside North America. The fund is structured for tactical investors seeking to hedge against, or potentially benefit from, declines in international equity prices. By employing a combination of financial instruments, the fund strives to meet its daily performance target; however, it does not aim to achieve this objective over periods longer than one day due to the compounding effects of daily rebalancing. ProFunds UltraShort International Fund Service Class plays a specialized role in the financial markets by offering targeted, inverse exposure for sophisticated strategies, risk management, and short-term tactical asset allocation involving non-U.S. developed equities.