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ProFunds available through Nationwide Financial’s annuity contracts

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Seventeen ProFunds Group insurance-product mutual funds, including eight leveraged and inverse funds, have been added to Nationwide Financial’s America’s marketFlex Advisor and America’s marketFlex II Annuity contracts.

“We are pleased to be working with Nationwide, a leading variable annuity provider,” says Michael L. Sapir, chairman and chief executive of ProFund Advisors, the investment adviser to ProFunds. “The 17 funds added provide a broad range of choices that investors can trade without the restrictions and redemption fees commonly imposed by traditional mutual funds.”

America’s marketFlex Advisor is a no-load variable annuity designed for fee-based investment professionals. America’s marketFlex Advisor and America’s marketFlex II provide clients with the ability to diversify and manage risk through a wide array of underlying investment options, including alternative asset classes.

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