Rydex Russell 2000 1.5x Strategy Fund Class C (RYCMX)

44.34
Net Asset Value
+0.29%
1 Day
-7.04%
Year-to-Date
Overall Morningstar Rating
Trading-leveraged equity
Style or Category
No Load
Sales Expenses
2.53%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that correlate, before fees and expenses, to 150% of the performance of the Russell 2000 ® Index for small-cap securities 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 included in the underlying index. The fund is non-diversified.

Performance

1 month-1.44% 3 years+21.06%
3 months-5.18% 5 years+17.63%
1 year-1.75% Since inception+4.72%
Data through --

Peer Comparisonvs. Trading-leveraged equity

 RYCMXCategory
Performance 5-yr return+17.63%+17.37%
Expense ratio2.53%2.09%
Risk 5 year sharpe ratio0.700.76
Net assets$13.0M$69.4M
Average market cap$1.4B--
Average P/E19.8--
Portfolio turnover472%472%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

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

Cash44.49%
U.S. stock31.22%
Fixed income23.85%
International stock0.44%
Other0.01%
Top 5 Sectors
Portfolio weighting
Financial service 20.15%
Industrial materials 13.23%
Healthcare 11.03%
Consumer goods 9.13%
Business service 8.88%
Top 10 Holdings
Portfolio weighting
-- Guggenheim Strategy I25.50%
-- Russell 2000 Index Mini TIC0.58%
-- Csfbswap0.15%
PBYI Puma Biotechnology Inc0.11%
WEX WEX Inc0.09%
ISIS Isis Pharmaceuticals0.09%
PB Prosperity Bancshares, Inc.0.08%
ULTI Ultimate Software Group Inc0.08%
GPK Graphic Packaging Holding Co0.08%
TMH Team Health Holdings Inc0.08%

To view my watchlist

Not a member yet?

Sign up now for a free account

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.