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

21.04
Net Asset Value
+0.72%
1 Day
-5.48%
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-1.36% 3 years-11.37%
3 months-3.53% 5 years-13.96%
1 year-14.30% Since inception-11.98%
Data through --

Peer Comparisonvs. Bear market

 RYAGXCategory
Performance 5-yr return-13.96%-21.16%
Expense ratio1.70%2.00%
Risk 5 year sharpe ratio-1.26-1.26
Net assets$855.9K$93.5M
Average market cap$47.6B$50.2B
Average P/E16.418.2
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

Cash70.17%
Fixed income30.41%
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
-- 22.98%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I11.28%
-- 0.20%
-- 0.12%
-- 0.12%