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Rydex Technology Fund Class C (RYCHX)

55.41
Net Asset Value
+0.11%
1 Day
+4.76%
Year-to-Date
Overall Morningstar Rating
Technology
Style or Category
No Load
Sales Expenses
2.35%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Technology Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Technology Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Technology Companies and U.S. government securities. It is non-diversified.

Performance

1 month+8.52% 3 years+9.86%
3 months+6.62% 5 years+8.40%
1 year+3.38% Since inception+1.08%
Data through --

Peer Comparisonvs. Technology

 RYCHXCategory
Performance 5-yr return+8.40%+9.39%
Expense ratio2.35%1.45%
Risk 5 year sharpe ratio0.500.63
Net assets$27.4M$808.2M
Average market cap$26.2B$40.9B
Average P/E21.621.9
Portfolio turnover388%388%

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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

U.S. stock78.68%
International stock11.82%
Fixed income8.71%
Cash0.80%
Other0.00%
Top 5 Sectors
Portfolio weighting
Hardware 40.88%
Telecommunication 20.40%
Business service 5.83%
Financial service 3.04%
Consumer service 2.71%
Top 10 Holdings
Portfolio weighting
GOOGL Google3.03%
AAPL Apple2.99%
MSFT Microsoft2.67%
FB Facebook2.39%
ORCL Oracle1.78%
V Visa1.74%
INTC Intel1.70%
IBM IBM1.60%
CSCO Cisco1.59%
MA MasterCard1.28%

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