ProFunds Mid Cap Growth Fund Investor Class (MGPIX) NASDAQ
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Address
7272 Wisconsin Avenue
Bethesda, MD 20814
United States of America (the)
Phone
2404976428
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
August 31, 2001
This fund endeavors to mimic the investment outcomes of the S&P MidCap 400® Growth Index, prior to accounting for its operational costs and fees. To achieve this, the portfolio manager allocates capital into a selection of financial instruments, which are expected, in aggregate, to mirror the index's performance. The underlying benchmark is crafted to provide an expansive measure of the performance of growth-oriented U.S. companies within the mid-capitalization spectrum. It is a passively managed index, adjusted for publicly available shares and weighted according to each company's market value. Its constituents are specifically chosen from the broader S&P MidCap 400, focusing on those stocks that S&P Dow Jones Indices LLC has identified as displaying robust growth attributes.