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

40.28
Net Asset Value
-0.71%
1 Day
-38.94%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
2.56%
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 NASDAQ-100 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-3.10% 3 years-33.89%
3 months-10.46% 5 years-34.51%
1 year-41.05% Since inception-27.29%
Data through --

Peer Comparisonvs. Bear market

 RYCDXCategory
Performance 5-yr return-34.51%-22.27%
Expense ratio2.56%2.00%
Risk 5 year sharpe ratio-1.63-1.37
Net assets$15.8M$112.8M
Average market cap--$63.2B
Average P/E--20.9
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash95.42%
Fixed income33.46%
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
-- 16.74%
-- 16.72%
-- 3.18%
-- 1.54%
-- 0.11%
-- 0.11%