Rydex Internet Fund Class C (RYICX)

110.36
Net Asset Value
+0.20%
1 Day
+13.62%
Year-to-Date
Overall Morningstar Rating
Technology
Style or Category
No Load
Sales Expenses
2.37%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. Under normal circumstances- the fund invests substantially all (at least 80%) of its net assets in equity securities of Internet Companies that are traded in the United States and in derivatives- which primarily consist of futures contracts and options on securities- futures contracts- and stock indices. It may invest to a significant extent in the securities of Internet Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Internet Companies and U.S. government securities. It is non-diversified.

Performance

1 month+7.00% 3 years+16.16%
3 months+2.96% 5 years+17.35%
1 year+26.55% Since inception+4.65%
Data through --

Peer Comparisonvs. Technology

 RYICXCategory
Performance 5-yr return+17.35%+19.08%
Expense ratio2.37%1.36%
Risk 5 year sharpe ratio1.141.28
Net assets$64.3M$1.3B
Average market cap$38.6B$52.5B
Average P/E33.525.2
Portfolio turnover518%518%

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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. stock78.66%
International stock21.14%
Cash3.83%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Telecommunication 47.41%
Consumer service 18.67%
Media 5.63%
Hardware 4.98%
Business service 2.57%
Top 10 Holdings
Portfolio weighting
AMZN Amazon6.65%
GOOGL Google6.04%
FB Facebook5.24%
BABA Alibaba Group Holding Ltd4.20%
CSCO Cisco3.50%
NFLX Netflix2.74%
BKNG Priceline2.49%
AVGO Broadcom Inc2.29%
CRM Salesforce.com2.22%
PYPL PayPal Holdings Inc2.20%