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

11.04
Net Asset Value
+0.64%
1 Day
-7.92%
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-3.58% 3 years-28.13%
3 months-3.92% 5 years-26.29%
1 year-32.72% Since inception-20.83%
Data through --

Peer Comparisonvs. Trading--inverse equity

 RYCWXCategory
Performance 5-yr return-26.29%-29.79%
Expense ratio1.85%1.94%
Risk 5 year sharpe ratio-1.38--
Net assets$7.3M$2.6M
Average market cap--$14.4B
Average P/E--15.4
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 12 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income52.73%
Cash48.65%
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
-- 10.75%
-- 10.74%
-- 10.73%
-- 5.38%
-- 1.33%
-- 0.05%