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Rydex Inverse S&P 500 2x Strategy Fund Class C (RYCBX)

42.76
Net Asset Value
+0.52%
1 Day
-27.81%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
2.54%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- 200% of the inverse (opposite) of the performance of the S&P 500-® Index on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities generally included in the underlying index and investing 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-1.90% 3 years-22.44%
3 months-12.05% 5 years-29.90%
1 year-31.66% Since inception-19.31%
Data through --

Peer Comparisonvs. Bear market

 RYCBXCategory
Performance 5-yr return-29.90%-22.27%
Expense ratio2.54%2.00%
Risk 5 year sharpe ratio-1.80-1.45
Net assets$27.7M$107.2M
Average market cap--$59.0B
Average P/E--21.9
Portfolio turnover78%78%

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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

Cash90.27%
Fixed income18.86%
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
-- 7.55%
-- 7.55%
-- 3.77%
-- 0.69%
-- 0.15%
-- 0.05%
-- 0.01%