Rydex Inverse Russell 2000 2x Strategy Fund Class A (RYIUX)

47.28
Net Asset Value
-2.52%
1 Day
-3.17%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
4.75
Sales Expenses
1.73%
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 Russell 2000- Index 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+6.82% 3 years-23.33%
3 months-5.99% 5 years-28.26%
1 year-24.18% Since inception-29.42%
Data through --

Peer Comparisonvs. Bear market

 RYIUXCategory
Performance 5-yr return-28.26%-22.83%
Expense ratio1.73%1.92%
Risk 5 year sharpe ratio-1.16-1.45
Net assets$12.9M$98.3M
Average market cap$2.0B$63.1B
Average P/E22.723.7
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

Fixed income59.71%
Cash36.14%
U.S. stock6.14%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 20.03%
Industrial materials 13.58%
Healthcare 11.19%
Business service 9.16%
Consumer service 8.76%
Top 10 Holdings
Portfolio weighting
-- 15.23%
-- 12.23%
-- 12.21%
-- 5.60%
-- 3.05%
-- 3.05%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I2.20%
-- 1.39%
-- 0.46%
-- 0.11%