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

110.30
Net Asset Value
-0.76%
1 Day
+10.88%
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+0.15% 3 years+28.64%
3 months+12.27% 5 years+38.58%
1 year+56.72% Since inception+0.36%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYCCXCategory
Performance 5-yr return+38.58%+16.48%
Expense ratio2.58%2.01%
Risk 5 year sharpe ratio1.48--
Net assets$526.0M$103.7M
Average market cap$163.8B--
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. stock83.54%
Cash14.01%
International stock4.27%
Fixed income2.45%
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 Apple10.51%
MSFT Microsoft7.98%
AMZN Amazon6.82%
FB Facebook5.09%
GOOG Google4.42%
GOOGL Google3.80%
INTC Intel2.61%
CSCO Cisco2.29%
-- 2.27%
CMCSA Comcast2.26%