ProFund Access VP High Yield — new fund registration

PROFUNDS registered 3 new fund series on Form 485APOS, filed 2021-02-03. Featured series: ProFund Access VP High Yield.

Registration

Registrant / trust: PROFUNDS
CIK: 0001039803
Form: 485APOS
Filed: 2021-02-03
State of incorporation: DE
Accession: 0001683863-21-000497
Reported net assets: $8.6M

Series & classes (5)

Series	Class	Ticker	New
ProFund Access VP High Yield	ProFund Access VP High Yield	—	Yes
Access Flex High Yield ProFund	Access Flex High Yield ProFund Investor Class	FYAIX	Yes
Access Flex High Yield ProFund	Access Flex High Yield ProFund Service Class	FYASX	Yes
Access Flex Bear High Yield ProFund	Access Flex Bear High Yield ProFund Investor Class	AFBIX	Yes
Access Flex Bear High Yield ProFund	Access Flex Bear High Yield ProFund Service Class	AFBSX	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 1.64%
Management fee: 0.75%
Net expense ratio: 1.68%
Other expenses: 0.64%

Investment objective

ProFund Access VP High Yield (the Fund) seeks to provide investment results that correspond generally to the total return of the high yield market consistent with maintaining reasonable liquidity.

Advisers

ProFund Advisors LLC (Advisor)