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Rydex Monthly Rebalance NASDAQ-100® 2x Strategy Fund Class A (RMQAX)

99.11
Net Asset Value
+0.50%
1 Day
+55.42%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
4.75
Sales Expenses
1.72%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- the performance of a specific benchmark on a calendar month basis. The fund's current benchmark is 200% of the performance of the NASDAQ-100 Index- (the "underlying index"). Under normal circumstances- it will invest at least 80% of its net assets- plus any borrowings for investment purposes- in securities of companies in the underlying index and securities and financial instruments with economic characteristics that should perform similarly to the securities of companies in the fund's benchmark. It is non-diversified.

Performance

1 month+4.34% 3 years--
3 months+6.11% 5 years--
1 year+57.52% Since inception+25.42%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RMQAXCategory
Performance 5-yr return--+16.48%
Expense ratio1.72%2.04%
Risk 5 year sharpe ratio----
Net assets$33.0M$71.8M
Average market cap$146.2B--
Average P/E25.0--
Portfolio turnover259%259%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 2 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock59.89%
Cash25.92%
Fixed income11.15%
International stock3.04%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
AAPL Apple7.16%
-- 6.75%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I6.75%
MSFT Microsoft5.16%
AMZN Amazon4.16%
FB Facebook3.64%
GOOG Google3.00%
GOOGL Google2.61%
CMCSA Comcast1.63%
INTC Intel1.61%