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

35.09
Net Asset Value
+0.20%
1 Day
-11.50%
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-5.21% 3 years-24.95%
3 months-4.28% 5 years-26.69%
1 year-28.27% Since inception-19.42%
Data through --

Peer Comparisonvs. Bear market

 RYCBXCategory
Performance 5-yr return-26.69%-21.16%
Expense ratio2.54%2.00%
Risk 5 year sharpe ratio-1.52-1.26
Net assets$24.9M$93.5M
Average market cap--$50.2B
Average P/E--18.2
Portfolio turnover78%78%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 18 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash55.92%
Fixed income46.19%
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
-- 16.67%
-- 14.98%
-- 8.30%
-- 1.17%
-- 0.59%
-- 0.28%
-- 0.07%