Description

This investment product's primary objective is to closely mirror the performance of the S&P SmallCap 600® Growth Index, before accounting for any associated fees or costs. ProFund Advisors carefully selects and invests in various financial instruments which, when held together, are expected to collectively emulate the movements of this benchmark. The S&P SmallCap 600® Growth Index itself functions as a broad measure for the performance of growth-oriented, small-capitalization American companies. This passively managed index utilizes a float-adjusted, market capitalization-weighting scheme, and its constituents are chosen from the broader S&P SmallCap 600. Specifically, it includes companies that S&P Dow Jones Indices LLC has identified as possessing prominent growth characteristics, thereby distinguishing them from value-focused firms.