ProFunds Mid Cap Growth Fund Investor Class (MGPIX)
ProFunds Mid Cap Growth Fund Investor Class operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $130.03, up 0.25% on the session, giving a market capitalisation of $29.1M. Its beta of 1.01 implies it has historically moved more than the broad market.
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.
ProFunds Mid Cap Growth Fund Investor Class is most often compared with the following Financial Services names: