VPSEM Fees and Costs — ProFund VP Semiconductor
Data updated: 2026-08-28
The net expense ratio is 1.64%: a 0.75% management fee, a 0.25% 12b-1 fee plus 0.64% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $48K in broker commissions, 0.0698% of average net assets, and portfolio turnover was 353%.
VPSEM Fees and Expenses
Annual operating expenses and sales charges of VPSEM. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.64% |
| Gross expense ratio | 1.64% |
| Fee waiver | — |
| Net expense ratio | 1.64% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
VPSEM Costs Over Time
On $10,000 invested in VPSEM, assuming 5% a year before costs, total costs come to $1,054 over 5 years, cutting the return by 1.80% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.64%) | $172 | $533 | $918 |
| Trading costs (broker commissions) | $7 | $23 | $39 |
| Lost growth on money paid in costs | $0 | $28 | $97 |
| Total costs | $180 | $584 | $1,054 |
| Value after costs | $10,320 | $10,993 | $11,708 |
| Impact on return, per year | 1.80% | 1.80% | 1.80% |
VPSEM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0698%
- Total broker commissions: $48K
- Bought from dealers (principal trades, not a cost): $467.7M
- Portfolio turnover (prospectus): 353%
- Securities on loan, average value: $623
- Net income from securities lending: $2 (0.000% of average net assets)
VPSEM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNP Paribas Securities Corp. | $26K | 53.70% |
| Susquehanna Securities | $22K | 46.30% |
VPSEM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| HSBC Securities (USA) Inc. | $137.9M | 29.49% |
| SG Americas Securities, LLC | $130.2M | 27.85% |
| Natwest Markets Securities Inc. | $64.7M | 13.83% |
| Credit Agricole Securities (USA) Inc. | $54.3M | 11.61% |
| UMB Financial Services, Inc. | $40.7M | 8.70% |
| RBC Capital Markets, LLC | $39.8M | 8.52% |
| BNP Paribas Securities Corp. | $77 | 0.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.