Rydex Internet Fund Class Investor (RYIIX)

123.37
Net Asset Value
-0.72%
1 Day
+6.51%
Year-to-Date
Overall Morningstar Rating
Technology
Style or Category
No Load
Sales Expenses
1.37%
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-1.53% 3 years+14.88%
3 months-2.33% 5 years+17.94%
1 year+26.35% Since inception-2.14%
Data through --

Peer Comparisonvs. Technology

 RYIIXCategory
Performance 5-yr return+17.94%+19.08%
Expense ratio1.37%1.38%
Risk 5 year sharpe ratio1.211.29
Net assets$71.4M$1.3B
Average market cap$35.0B$56.0B
Average P/E35.627.6
Portfolio turnover518%518%

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 / 17 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock82.87%
International stock23.29%
Cash2.29%
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 Amazon6.61%
GOOGL Google6.61%
FB Facebook5.24%
BABA Alibaba Group Holding Ltd4.64%
CSCO Cisco3.64%
NFLX Netflix2.79%
BKNG Priceline2.57%
AVGO Broadcom Inc2.54%
PYPL PayPal Holdings Inc2.41%
CRM Salesforce.com2.30%