Rydex Europe Advantage Fund Class A (RYAEX)

97.30
Net Asset Value
-0.38%
1 Day
-1.51%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
4.75
Sales Expenses
1.74%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that correlate- before fees and expenses- to the performance of 125% of the fair value of the STOXX Europe 50- Index. The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and derivative instruments. 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 derivatives and other instruments whose performance is expected to correspond to that of the underlying index. The fund is non-diversified.

Performance

1 month+2.53% 3 years+0.84%
3 months-7.28% 5 years+3.46%
1 year+16.33% Since inception+1.15%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYAEXCategory
Performance 5-yr return+3.46%+16.48%
Expense ratio1.74%2.01%
Risk 5 year sharpe ratio0.22--
Net assets$4.6M$87.8M
Average market cap----
Average P/E----
Portfolio turnover1,616%1,616%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 17 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

International stock65.88%
Cash26.51%
Fixed income7.58%
U.S. stock0.03%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 21.80%
Energy 20.96%
Telecommunication 16.63%
Healthcare 16.00%
Industrial materials 14.03%
Top 10 Holdings
Portfolio weighting
-- 6.72%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I6.70%
NSRGY Nestle3.78%
NVS Novartis3.07%
HSBC HSBC2.94%
RHHBY Roche2.48%
RDSA Royal Dutch Shell2.25%
TOT Total2.25%
BP BP2.07%
BTI British American Tobacco2.04%