Filed pursuant to Rule 497(e)
File Nos. 333-28399 and
811-08239
SUPPLEMENT DATED JUNE 19, 2000
TO THE ULTRASECTOR PROFUNDS PROSPECTUS
DATED JUNE 19, 2000
ProFund Advisors LLC, the investment adviser of the UltraSector
ProFunds (the "Adviser"), will determine, at its discretion, when an UltraSector
Profund will be open for investment. The Adviser currently considers an initial
investment of $5 million to be sufficient to warrant the opening of an
UltraSector ProFund. However, the Adviser, in its discretion, may consider an
initial investment of a lesser amount to be appropriate for such purpose. This
supplement to the Prospectus contains information regarding each UltraSector
ProFund, and should be retained together with the Prospectus for future
reference.
As of June 19, 2000, the following UltraSector ProFunds are open for
investment:
Biotechnology UltraSector ProFund
Energy UltraSector ProFund
Financial UltraSector ProFund
Healthcare UltraSector ProFund
Internet UltraSector ProFund
Real Estate UltraSector ProFund
Semiconductor UltraSector ProFund
Technology UltraSector ProFund
Telecommunications UltraSector ProFund
Wireless Communications UltraSector ProFund
As of June 19, 2000, the following UltraSector ProFunds are not open
for investment:
Basic Materials UltraSector ProFund
Consumer Cyclical UltraSector ProFund
Consumer Non-Cyclical UltraSector ProFund
Industrial UltraSector ProFund
Pharmaceuticals UltraSector ProFund
Precious Metals UltraSector ProFund
Utilities UltraSector ProFund
