ProFunds Group® Names Troy Goldstein Director of National Accounts

ProFunds Group, a premier provider of alternative ETFs and mutual funds, announced today that Troy Goldstein has been named to the newly created role of Director of National Accounts. Mr. Goldstein, most recently with UBS AG, will oversee the National Accounts Group for ProShares ETFs and ProFunds mutual funds. He reports to Donald Roberson, Managing Director, Distribution for ProShares and ProFunds.

“Troy has extensive industry relationships and a proven track record of building teams, delivering strategies and providing investment solutions,” said Mr. Roberson. “He’ll be a valuable asset to the team as financial advisors increasingly turn to our alternative ETFs and funds to be part of their clients’ portfolios.”

Mr. Goldstein was most recently with UBS AG as Executive Director, Head of Portfolio Distribution Europe. In this role, Mr. Goldstein managed sales specialist teams across Europe focused on discretionary and non-discretionary fee-based portfolio solutions and supporting structured products, funds and ETFs.

Previously at UBS, Mr. Goldstein was Executive Director, Head of the Investment Solution Sales Team in the firm’s U.S. headquarters in Weehawken, NJ. Before that, he held two positions within UBS’ Products & Marketing Group, in Zurich, Switzerland. Mr. Goldstein began his career in financial services as a Financial Advisor with PaineWebber, which later became UBS.

Mr. Goldstein received his J.D. from Kensington University Law School and his B.S. in Business Administration – Financial Management from California State University, Long Beach. In addition, he is a graduate of the Securities Industry Institute at the University of Pennsylvania’s Wharton School.

About ProFunds Group

ProFunds Group is a premier provider of alternative ETFs and mutual funds. ProFunds Group offers more than 120 ProShares ETFs, including the largest lineup of geared (leveraged and inverse) ETFs and more than 100 ProFunds mutual funds. Founded in 1997, ProFunds Group has more than $32 billion of assets under management.1

Disclosure:

Carefully consider the investment objectives, risks, charges and expenses of ProShares and ProFunds before investing. This and other information can be found in their summary and full prospectuses. Read them carefully before investing. Obtain them at www.proshares.com or www.profunds.com.

ProFunds mutual funds are distributed by ProFunds Distributors, Inc. ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds’ advisor.

1 As of 6/1/11

Contacts:

For ProFunds Group
Media:
Tucker Hewes, 212-207-9451
tucker@hewescomm.com
or
Investor:
ProShares
866-776-5125
www.ProShares.com
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