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Rydex Inverse Mid-Cap Strategy Fund Class C (RYCLX)

20.30
Net Asset Value
+0.84%
1 Day
-13.36%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
2.44%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- the inverse (opposite) of the performance of the S&P MidCap 400-® Index on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities included in the underlying index and investing to a significant extent 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-2.45% 3 years-13.21%
3 months-6.92% 5 years-15.99%
1 year-13.21% Since inception-12.87%
Data through --

Peer Comparisonvs. Bear market

 RYCLXCategory
Performance 5-yr return-15.99%-22.27%
Expense ratio2.44%1.91%
Risk 5 year sharpe ratio-1.59-1.47
Net assets$717.1K$105.1M
Average market cap$95.2B$62.2B
Average P/E20.122.4
Portfolio turnover120%120%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 13 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash66.93%
Fixed income33.09%
U.S. stock0.15%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I20.07%
-- 20.05%
-- 0.14%
-- 0.09%
-- 0.04%