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Rydex Internet Fund Class A (RYINX)

84.40
Net Asset Value
+4.15%
1 Day
+8.66%
Year-to-Date
Overall Morningstar Rating
Technology
Style or Category
4.75
Sales Expenses
1.60%
Expense Ratio
Above 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+3.38% 3 years+9.66%
3 months+14.44% 5 years+18.22%
1 year+21.16% Since inception+9.30%
Data through --

Peer Comparisonvs. Technology

 RYINXCategory
Performance 5-yr return+18.22%+9.39%
Expense ratio1.60%1.46%
Risk 5 year sharpe ratio0.830.89
Net assets$21.8M$866.7M
Average market cap$26.6B$47.1B
Average P/E29.625.6
Portfolio turnover520%520%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 16 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock82.16%
International stock17.69%
Cash0.22%
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 Google6.29%
AMZN Amazon5.39%
FB Facebook5.37%
CSCO Cisco3.54%
QCOM Qualcomm2.81%
BABA Alibaba Group Holding Ltd2.56%
TWX Time Warner2.20%
CRM Salesforce.com1.95%
EBAY eBay1.91%
PCLN Priceline1.87%