
ProFunds Mid Cap Growth Fund Investor Class (MGPIX)
MGPIX Price Chart
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MGPIX Fund Profile
Key details and information about ProFunds Mid Cap Growth Fund Investor Class (MGPIX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
31 Aug 2001
Country
US
Description
This fund endeavors to mimic the investment outcomes of the S&P MidCap 400® Growth Index, prior to accounting for its operational costs and fees. To achieve this, the portfolio manager allocates capital into a selection of financial instruments, which are expected, in aggregate, to mirror the index's performance. The underlying benchmark is crafted to provide an expansive measure of the performance of growth-oriented U.S. companies within the mid-capitalization spectrum. It is a passively managed index, adjusted for publicly available shares and weighted according to each company's market value. Its constituents are specifically chosen from the broader S&P MidCap 400, focusing on those stocks that S&P Dow Jones Indices LLC has identified as displaying robust growth attributes.
MGPIX Fund Performance
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