ProFunds Consumer Services UltraSector Fund Investor Class
CYPIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 7272 Wisconsin Avenue Bethesda MD United States of America 20814
- IPO Date
- Jan 30, 2004
- CIK
- 0001039803
- Website
- profunds.com
- Similar Companies
- Business
- ProFunds Consumer Services UltraSector Fund Investor Class (CYPIX) is a leveraged mutual fund that seeks daily investment results, before fees and expenses, corresponding to one and one-half times (1.5x) the daily performance of the Dow Jones U.S. Consumer Services Index, now aligned with the S&P Consumer Discretionary Select Sector Index. The fund invests in financial instruments, including derivatives such as swap agreements, futures contracts, and options, that the adviser believes, in combination, will produce daily returns consistent with 1.5x the index's performance; it provides exposure to U.S. companies in the consumer discretionary sector, encompassing industries such as auto components, automobiles, household durables, leisure products, textiles apparel and luxury goods, hotels restaurants and leisure, diversified consumer services, distributors, internet and direct marketing retail, multiline retail, and specialty retail. Available in Investor Class (ticker: CYPIX, CUSIP: 743185332) and Service Class (ticker: CYPSX, CUSIP: 743185324) shares, the fund features a gross and net expense ratio of 1.62%, no limits on exchanges, a minimum initial investment of $15,000 for individuals and $5,000 for financial professionals, and is non-diversified with primary operations in the United States targeting institutional and retail investors seeking amplified sector exposure. Launched on January 30, 2004, and managed by ProFund Advisors LLC, headquartered in Bethesda, Maryland, the fund operates as part of the UltraSector ProFunds group offered by ProFunds, an affiliate of ProShares with a focus on leveraged and inverse investment products since 1997. Recent developments include a contractual fee waiver effective December 1, 2024, through November 30, 2025, which reduces the net expense ratio; additionally, ProFunds announced mutual fund and ProFund VP share splits on September 6, 2024, and launched the first mutual fund targeting Ether on February 26, 2025, reflecting ongoing product innovation and portfolio adjustments across its offerings.