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Rydex NASDAQ-100® 2x Strategy Fund Class C (RYCCX)

116.71
Net Asset Value
+0.34%
1 Day
+67.90%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
Sales Expenses
2.58%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- 200% of the performance of the NASDAQ-100 Index- on a daily basis. The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and 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 similarly to the securities of companies in the underlying index. The fund is non-diversified.

Performance

1 month+2.14% 3 years+27.53%
3 months+12.41% 5 years+37.36%
1 year+66.36% Since inception-0.62%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYCCXCategory
Performance 5-yr return+37.36%+16.48%
Expense ratio2.58%2.03%
Risk 5 year sharpe ratio1.41--
Net assets$444.1M$96.0M
Average market cap$160.5B--
Average P/E25.4--
Portfolio turnover167%167%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 12 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock70.13%
Cash26.13%
International stock3.44%
Fixed income0.30%
Other0.00%
Top 5 Sectors
Portfolio weighting
Hardware 32.50%
Telecommunication 16.36%
Consumer service 13.33%
Healthcare 12.35%
Media 4.59%
Top 10 Holdings
Portfolio weighting
AAPL Apple8.87%
MSFT Microsoft6.51%
AMZN Amazon5.39%
FB Facebook4.33%
GOOG Google3.59%
GOOGL Google3.13%
INTC Intel2.17%
CSCO Cisco1.73%
CMCSA Comcast1.72%
AMGN Amgen1.30%