Rydex Internet Fund Class A (RYINX)

118.56
Net Asset Value
-0.61%
1 Day
+8.92%
Year-to-Date
Overall Morningstar Rating
Technology
Style or Category
4.75
Sales Expenses
1.62%
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+3.05% 3 years+17.34%
3 months+10.13% 5 years+18.31%
1 year+33.75% Since inception+11.41%
Data through --

Peer Comparisonvs. Technology

 RYINXCategory
Performance 5-yr return+18.31%+19.49%
Expense ratio1.62%1.40%
Risk 5 year sharpe ratio1.261.37
Net assets$40.0M$1.3B
Average market cap$36.6B$44.8B
Average P/E25.827.6
Portfolio turnover518%518%

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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. stock79.56%
International stock20.06%
Cash5.22%
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
GOOGL Google6.72%
AMZN Amazon5.97%
FB Facebook5.65%
BABA Alibaba Group Holding Ltd3.51%
CSCO Cisco3.45%
AVGO Broadcom Ltd2.55%
PCLN Priceline2.43%
QCOM Qualcomm2.41%
PYPL PayPal Holdings Inc2.36%
NFLX Netflix2.36%