UltraEurope ProFund and UltraShort Europe ProFund
Supplement Dated March 15, 1999
To Prospectus dated March 15, 1999
This Supplement is provided to update, and should be read in conjunction with,
the information provided in the Prospectus.
UltraEurope ProFund and UltraShort Europe ProFund each expect to commence
operations and accept purchases of shares from the public on March 15, 1999.
Each such ProFund will invest its assets in money market instruments until it
has at least $5,000,000 in net assets; thereafter, it will invest in accordance
with its investment objective and policies.
