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

97.32
Net Asset Value
+0.05%
1 Day
+3.73%
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-3.70% 3 years+18.01%
3 months+10.76% 5 years+25.51%
1 year+33.91% Since inception+3.79%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYCTXCategory
Performance 5-yr return+25.51%+16.48%
Expense ratio2.54%2.01%
Risk 5 year sharpe ratio1.36--
Net assets$187.1M$103.7M
Average market cap$96.4B--
Average P/E22.9--
Portfolio turnover411%411%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 17 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock92.54%
Cash10.03%
International stock0.81%
Fixed income0.74%
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 Apple3.56%
MSFT Microsoft2.71%
AMZN Amazon1.92%
FB Facebook1.73%
BRKB Berkshire Hathaway1.56%
JNJ Johnson & Johnson1.54%
JPM JPMorgan Chase1.52%
XOM Exxon Mobil1.45%
GOOG Google1.30%
GOOGL Google1.29%