Rydex Inverse Russell 2000 2x Strategy Fund Class C (RYIZX)

35.75
Net Asset Value
+0.08%
1 Day
-19.83%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
2.76%
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-9.90% 3 years-26.57%
3 months-13.73% 5 years-28.86%
1 year-34.39% Since inception-29.84%
Data through --

Peer Comparisonvs. Bear market

 RYIZXCategory
Performance 5-yr return-28.86%-21.16%
Expense ratio2.76%2.00%
Risk 5 year sharpe ratio-1.09-1.26
Net assets$15.7M$93.5M
Average market cap$2.0B$50.2B
Average P/E19.718.2
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 12 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income51.85%
Cash43.25%
U.S. stock5.49%
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
-- 12.43%
-- 9.98%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I7.89%
-- 7.59%
-- 2.49%
-- 2.48%
-- 0.61%
-- 0.56%
-- 0.44%
-- 0.30%