Rydex Basic Materials Fund Class Investor (RYBIX)

63.06
Net Asset Value
-0.57%
1 Day
-0.74%
Year-to-Date
Overall Morningstar Rating
Natural resources
Style or Category
No Load
Sales Expenses
1.37%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund invests substantially all (at least 80%) of its net assets in equity securities of Basic Materials Companies that are traded in the United States and in derivatives. It may invest to a significant extent in the securities of Basic Materials Companies that have small to mid-sized capitalizations. Basic Materials Companies are engaged in the manufacture- mining- processing- or distribution of raw materials and intermediate goods used in the industrial sector- and may be involved in the production and transportation of metals- textiles- and wood products. The fund is non-diversified.

Performance

1 month+1.89% 3 years+7.78%
3 months-1.55% 5 years+6.73%
1 year+13.91% Since inception+4.17%
Data through --

Peer Comparisonvs. Natural resources

 RYBIXCategory
Performance 5-yr return+6.73%+1.27%
Expense ratio1.37%1.44%
Risk 5 year sharpe ratio0.420.24
Net assets$51.7M$568.9M
Average market cap$11.4B$4.3B
Average P/E18.011.1
Portfolio turnover361%361%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 20 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock85.93%
International stock13.68%
Cash5.61%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 86.40%
Consumer goods 10.26%
Business service 1.23%
Consumer service 1.12%
Energy 1.00%
Top 10 Holdings
Portfolio weighting
DWDP DowDuPont Inc4.28%
MON Monsanto2.83%
ECL Ecolab Inc2.52%
PX Praxair Inc2.44%
LYB LyondellBasell Industries NV2.36%
APD Air Products and Chemicals Inc2.19%
SHW Sherwin-Williams Co2.07%
PPG PPG Industries1.84%
NEM Newmont Mining Corp1.76%
IP International Paper Co1.68%