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

19.16
Net Asset Value
-0.10%
1 Day
-3.86%
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-2.64% 3 years-11.55%
3 months-2.99% 5 years-13.57%
1 year-13.96% Since inception-12.53%
Data through --

Peer Comparisonvs. Bear market

 RYCLXCategory
Performance 5-yr return-13.57%-21.16%
Expense ratio2.44%1.98%
Risk 5 year sharpe ratio-1.32-1.26
Net assets$1.7M$99.0M
Average market cap--$83.7B
Average P/E--20.3
Portfolio turnover120%120%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 14 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash85.82%
Fixed income15.37%
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
-- 11.53%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I5.66%
-- 0.85%
-- 0.20%
-- 0.05%