Rydex S&P 500 2x Strategy Fund Class C (RYCTX)

97.54
Net Asset Value
-1.27%
1 Day
+3.97%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
Sales Expenses
2.54%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- 200% of the performance of the S&P 500- Index 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 in the underlying index. The fund is non-diversified.

Performance

1 month+1.09% 3 years+17.63%
3 months+1.91% 5 years+23.28%
1 year+24.76% Since inception+3.13%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYCTXCategory
Performance 5-yr return+23.28%+16.48%
Expense ratio2.54%2.01%
Risk 5 year sharpe ratio1.04--
Net assets$187.2M$85.0M
Average market cap$99.6B--
Average P/E20.5--
Portfolio turnover411%411%

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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. stock75.66%
Cash24.67%
International stock0.67%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 16.34%
Energy 12.76%
Industrial materials 12.02%
Healthcare 10.52%
Consumer goods 10.49%
Top 10 Holdings
Portfolio weighting
AAPL Apple3.12%
MSFT Microsoft2.51%
AMZN Amazon2.16%
FB Facebook1.51%
BRKB Berkshire Hathaway1.21%
JPM JPMorgan Chase1.21%
XOM Exxon Mobil1.13%
GOOG Google1.09%
GOOGL Google1.08%
JNJ Johnson & Johnson1.06%