About OTPSX
The ProFunds Nasdaq-100 Fund Service Class is a mutual fund designed to provide daily investment results, before fees and expenses, that correspond to the daily performance of the Nasdaq-100 Index. This index represents 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market, spanning diverse industries such as technology, telecommunications, retail, and biotechnology. The fund achieves its exposure primarily through financial instruments like swaps and futures contracts, complemented by holdings in high-quality, short-term money market instruments for liquidity management. As a non-diversified offering categorized within the large growth segment, the fund appeals to investors seeking targeted participation in the growth-oriented segment of the U.S. equity market, particularly in sectors driving technological innovation. Managed by ProFund Advisors, the fund launched in 2000 and carries a higher expense ratio relative to peers, reflecting its specialized strategy and use of derivatives to closely track the underlying index’s movements.
Fund Family ProFunds
Category Large-Cap Growth
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol OTPSX
Share Class Service Class
Index NASDAQ 100 TR
OTPSX had a total return of 18.97% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.32%.
