Rydex Telecommunications Fund Class H (RYMAX)

43.13
Net Asset Value
+0.21%
1 Day
+0.79%
Year-to-Date
Overall Morningstar Rating
Communications
Style or Category
No Load
Sales Expenses
1.62%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund invests substantially all (at least 80%) of its net assets in equity securities of Telecommunications 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 Telecommunications Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Telecommunications Companies and U.S. government securities. It is non-diversified.

Performance

1 month+1.08% 3 years+3.74%
3 months+0.44% 5 years+6.06%
1 year+5.01% Since inception-2.14%
Data through --

Peer Comparisonvs. Communications

 RYMAXCategory
Performance 5-yr return+6.06%+7.84%
Expense ratio1.62%1.38%
Risk 5 year sharpe ratio0.500.59
Net assets$2.0M$671.3M
Average market cap$25.0B$115.1B
Average P/E11.19.1
Portfolio turnover605%605%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 20 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock93.20%
International stock6.71%
Cash4.88%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Telecommunication 94.32%
Hardware 3.73%
Business service 0.53%
Consumer goods 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
CSCO Cisco9.19%
VZ Verizon9.13%
T AT&T8.69%
QCOM Qualcomm5.88%
TMUS T-Mobile US Inc4.21%
CCI Crown Castle International Corp4.20%
PANW Palo Alto Networks Inc3.03%
S Sprint Corp2.95%
CTL CenturyLink2.94%
SBAC SBA Communications Corp2.76%