ProFund VP Government Money Market

Objective And Strategy

Objective
Seeks a high level of current income consistent with liquidity and preservation of capital.

Strategy

The Fund invests substantially all, but at least 99.5% of its total assets in cash, U.S. Government Securities, and/or repurchase agreements that are fully collateralized by these instruments. The Fund follows policies in order to maintain a stable $1.00 share price.
Tax Inefficient Fund

Principal Risks

* Government money market funds: The Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund is open to all investors. Although The Fund seeks to preserve the value of the investment at $1.00 per share, it cannot guarantee it will do so. You could lose money by investing in the Fund. The Fund may impose a fee upon sale of shares or temporarily suspend the ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time. The Fund may invest in shares of other government money market mutual funds, including those advised by the Fund's subadviser, to provide additional liquidity or to achieve higher yields. Please refer to the most recent prospectus for a more detailed description of the Fund's principal risks.