The Semiconductor UltraSector ProFund, Investor Class (SMPIX) is a mutual fund that focuses on investing in companies within the semiconductor industry. This fund aims to provide investors with exposure to the fast-growing and constantly evolving technology sector. It is designed for individual investors seeking long-term capital appreciation through a diversified portfolio of semiconductor stocks. With a focus on the ultra-sector of the semiconductor industry, this fund may offer higher potential returns but also carries a higher level of risk. The Investor Class shares are available to individual investors and have a lower minimum investment requirement compared to other classes of the fund.