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

107.52
Net Asset Value
+0.25%
1 Day
+54.68%
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+3.95% 3 years+33.38%
3 months+8.77% 5 years+33.05%
1 year+57.04% Since inception-1.33%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYCCXCategory
Performance 5-yr return+33.05%+16.48%
Expense ratio2.58%2.04%
Risk 5 year sharpe ratio1.21--
Net assets$353.7M$71.8M
Average market cap$161.2B--
Average P/E24.7--
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. stock74.72%
Cash13.04%
Fixed income8.70%
International stock3.79%
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 Apple9.68%
MSFT Microsoft6.53%
-- 5.89%
AMZN Amazon5.30%
FB Facebook4.60%
GOOG Google3.69%
GOOGL Google3.22%
-- 2.81%
CMCSA Comcast2.18%
INTC Intel1.87%