ProShare Advisors LLC
7501 Wisconsin Avenue
Suite 1000E
Bethesda, MD 20814-6527
Phone: 240.497.6400
Fax: 240.497.6530
www.ProShares.com
August 9, 2018
VIA EDGAR
Securities and Exchange Commission
100 F Street, N.E.
Washington, DC 20549
Re: | ProFunds |
(File Nos. 333-28339 and 811-08239)
Ladies and Gentlemen:
Transmitted herewith for filing on behalf of the Trust pursuant to Rule 497 under the Securities Act of 1933, as amended, are exhibits in interactive data format on XBRL, which contain the risk return summary information of the Supplement dated July 19, 2018 for the Mobile Telecommunications UltraSector ProFund, the Oil Equipment, Services & Distribution UltraSector ProFund, the Pharmaceuticals UltraSector ProFund and the Telecommunications UltraSector ProFund as filed under Rule 497 on July 19, 2018 (SEC Accession No. 0001193125-18-221558).
Should you have any comments or questions, please do not hesitate to contact me at (240) 497-6400.
Very truly yours,
/s/ Cheryl Ardin
Associate Counsel
Label | Element | Value |
---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |
Document Type | dei_DocumentType | 497 |
Document Period End Date | dei_DocumentPeriodEndDate | Jul. 31, 2017 |
Registrant Name | dei_EntityRegistrantName | PROFUNDS |
Central Index Key | dei_EntityCentralIndexKey | 0001039803 |
Amendment Flag | dei_AmendmentFlag | false |
Document Creation Date | dei_DocumentCreationDate | Jul. 19, 2018 |
Document Effective Date | dei_DocumentEffectiveDate | Jul. 19, 2018 |
Prospectus Date | rr_ProspectusDate | Nov. 29, 2017 |
Nov. 29, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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IMPORTANT NOTICE REGARDING CHANGE IN UNDERLYING INDEX Mobile Telecommunications UltraSector ProFund Oil Equipment, Services & Distribution UltraSector ProFund Pharmaceuticals UltraSector ProFund Telecommunications UltraSector ProFund Supplement dated July 19, 2018 to each Funds Summary Prospectus, Statutory Prospectus and Statement of Additional Information dated November 29, 2017, each as supplemented or amended Effective on or about August 28, 2018, each Fund will begin using a new underlying index. Additionally, the name of the Mobile Telecommunications UltraSector ProFund and the Oil Equipment, Services & Distribution UltraSector ProFund will be adjusted to better match the name of such Funds new index.
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Label | Element | Value | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Registrant Name | dei_EntityRegistrantName | PROFUNDS | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Prospectus Date | rr_ProspectusDate | Nov. 29, 2017 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Supplement [Text Block] | pf_SupplementTextBlock | IMPORTANT NOTICE REGARDING CHANGE IN UNDERLYING INDEX Mobile Telecommunications UltraSector ProFund Oil Equipment, Services & Distribution UltraSector ProFund Pharmaceuticals UltraSector ProFund Telecommunications UltraSector ProFund Supplement dated July 19, 2018 to each Funds Summary Prospectus, Statutory Prospectus and Statement of Additional Information dated November 29, 2017, each as supplemented or amended Effective on or about August 28, 2018, each Fund will begin using a new underlying index. Additionally, the name of the Mobile Telecommunications UltraSector ProFund and the Oil Equipment, Services & Distribution UltraSector ProFund will be adjusted to better match the name of such Funds new index.
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MOBILE TELECOMMUNICATIONS ULTRASECTOR PROFUND | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Supplement [Text Block] | pf_SupplementTextBlock | IMPORTANT NOTICE REGARDING CHANGE IN UNDERLYING INDEX Mobile Telecommunications UltraSector ProFund Supplement dated July 19, 2018 to each Funds Summary Prospectus, Statutory Prospectus and Statement of Additional Information dated November 29, 2017, each as supplemented or amended Effective on or about August 28, 2018, each Fund will begin using a new underlying index. Additionally, the name of the Mobile Telecommunications UltraSector ProFund and the Oil Equipment, Services & Distribution UltraSector ProFund will be adjusted to better match the name of such Funds new index.
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OIL EQUIPMENT, SERVICES & DISTRIBUTION ULTRASECTOR PROFUND | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Supplement [Text Block] | pf_SupplementTextBlock | IMPORTANT NOTICE REGARDING CHANGE IN UNDERLYING INDEX Oil Equipment, Services & Distribution UltraSector ProFund Supplement dated July 19, 2018 to each Funds Summary Prospectus, Statutory Prospectus and Statement of Additional Information dated November 29, 2017, each as supplemented or amended Effective on or about August 28, 2018, each Fund will begin using a new underlying index. Additionally, the name of the Mobile Telecommunications UltraSector ProFund and the Oil Equipment, Services & Distribution UltraSector ProFund will be adjusted to better match the name of such Funds new index.
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PHARMACEUTICALS ULTRASECTOR PROFUND | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Supplement [Text Block] | pf_SupplementTextBlock | IMPORTANT NOTICE REGARDING CHANGE IN UNDERLYING INDEX Pharmaceuticals UltraSector ProFund Supplement dated July 19, 2018 to each Funds Summary Prospectus, Statutory Prospectus and Statement of Additional Information dated November 29, 2017, each as supplemented or amended Effective on or about August 28, 2018, each Fund will begin using a new underlying index. Additionally, the name of the Mobile Telecommunications UltraSector ProFund and the Oil Equipment, Services & Distribution UltraSector ProFund will be adjusted to better match the name of such Funds new index.
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TELECOMMUNICATIONS ULTRASECTOR PROFUND | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Supplement [Text Block] | pf_SupplementTextBlock | IMPORTANT NOTICE REGARDING CHANGE IN UNDERLYING INDEX Telecommunications UltraSector ProFund Supplement dated July 19, 2018 to each Funds Summary Prospectus, Statutory Prospectus and Statement of Additional Information dated November 29, 2017, each as supplemented or amended Effective on or about August 28, 2018, each Fund will begin using a new underlying index. Additionally, the name of the Mobile Telecommunications UltraSector ProFund and the Oil Equipment, Services & Distribution UltraSector ProFund will be adjusted to better match the name of such Funds new index.
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Label | Element | Value |
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Risk/Return: | rr_RiskReturnAbstract | |
Registrant Name | dei_EntityRegistrantName | PROFUNDS |
Prospectus Date | rr_ProspectusDate | Nov. 29, 2017 |
Document Creation Date | dei_DocumentCreationDate | Jul. 19, 2018 |
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