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

22.03
Net Asset Value
+0.69%
1 Day
-1.03%
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+0.73% 3 years-10.40%
3 months+3.14% 5 years-13.61%
1 year-11.31% Since inception-11.88%
Data through --

Peer Comparisonvs. Bear market

 RYAGXCategory
Performance 5-yr return-13.61%-21.16%
Expense ratio1.70%2.00%
Risk 5 year sharpe ratio-1.27-1.28
Net assets$724.1K$97.9M
Average market cap$96.2B$87.5B
Average P/E22.220.3
Portfolio turnover120%120%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 14 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash63.71%
Fixed income36.90%
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
-- 27.11%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I13.30%
-- 0.43%
-- 0.16%
-- 0.02%