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

12.16
Net Asset Value
+3.49%
1 Day
+1.42%
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-4.93% 3 years-25.38%
3 months+14.61% 5 years-25.87%
1 year-30.67% Since inception-20.82%
Data through --

Peer Comparisonvs. Trading--inverse equity

 RYCWXCategory
Performance 5-yr return-25.87%-29.79%
Expense ratio1.85%1.94%
Risk 5 year sharpe ratio-1.42--
Net assets$7.3M$2.7M
Average market cap--$13.2B
Average P/E--16.1
Portfolio turnover0%0%

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 / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash53.99%
Fixed income47.72%
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
-- 13.66%
-- 13.62%
-- 13.62%
-- 6.83%
-- 1.35%
-- 0.16%
-- 0.14%