- What does UMPIX invest in?
- The fund invests in financial instruments that the fund Advisors believes, in combination, should produce daily returns consistent with the Daily Target. It is a market capitalization-weighted index of 400 U.S. operating companies and real estate investment trusts selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.
- What is the expense ratio of UMPIX?
- ProFunds UltraMid Cap Fund Investor Class (UMPIX) charges an expense ratio of 1.56%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is UMPIX?
- ProFunds UltraMid Cap Fund Investor Class (UMPIX) manages $179.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is UMPIX actively managed or an index fund?
- UMPIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was UMPIX launched?
- ProFunds UltraMid Cap Fund Investor Class (UMPIX) launched in February 2000 and is managed by the fund issuer.
- How has UMPIX performed?
- UMPIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
