Rydex Inverse Dow 2x Strategy Fund Class H (RYCWX)

11.26
Net Asset Value
-0.18%
1 Day
-6.09%
Year-to-Date
Overall Morningstar Rating
Trading--inverse equity
Style or Category
No Load
Sales Expenses
1.85%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- 200% of the inverse (opposite) of the performance of the Dow Jones Industrial Average- on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities generally included in the underlying index and investing 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+2.36% 3 years-27.87%
3 months-15.84% 5 years-28.57%
1 year-37.24% Since inception-21.76%
Data through --

Peer Comparisonvs. Trading--inverse equity

 RYCWXCategory
Performance 5-yr return-28.57%-29.79%
Expense ratio1.85%1.94%
Risk 5 year sharpe ratio-1.72--
Net assets$6.3M$2.4M
Average market cap----
Average P/E----
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income57.25%
Cash43.41%
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
-- 21.69%
-- 14.23%
-- 14.22%
-- 7.11%
-- 0.33%
-- 0.25%