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Rydex Inverse Mid-Cap Strategy Fund Class A (RYAGX)

21.25
Net Asset Value
-0.51%
1 Day
-4.54%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
4.75
Sales Expenses
1.70%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- the inverse (opposite) of the performance of the S&P MidCap 400-® Index on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities included in the underlying index and investing to a significant extent in derivative instruments. It will invest at least 80% of its net assets- plus any borrowings for investment purposes- in financial instruments with economic characteristics that should perform opposite to the securities of companies included in the underlying index. The fund is non-diversified.

Performance

1 month-2.79% 3 years-13.21%
3 months-7.30% 5 years-14.86%
1 year-15.73% Since inception-12.10%
Data through --

Peer Comparisonvs. Bear market

 RYAGXCategory
Performance 5-yr return-14.86%-22.83%
Expense ratio1.70%1.92%
Risk 5 year sharpe ratio-1.49-1.45
Net assets$628.0K$101.9M
Average market cap$71.0B$58.6B
Average P/E19.722.5
Portfolio turnover120%120%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 13 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash70.38%
Fixed income31.20%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I19.06%
-- 19.04%
-- 1.48%
-- 0.51%
-- 0.05%