Rydex Mid-Cap 1.5x Strategy Fund Class H (RYMDX)

95.39
Net Asset Value
-0.38%
1 Day
+2.86%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
Sales Expenses
1.69%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks investment results that correlate- before fees and expenses- to 150% of the performance of the S&P MidCap 400- Index for mid-cap securities on a daily basis. The fund employs as its investment strategy a program of investing in the common stock of companies that are within the capitalization range of the underlying index and derivative instruments. It invests at least 80% of its net assets- plus any borrowings for investment purposes- in securities of companies included in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. The fund is non-diversified.

Performance

1 month+1.60% 3 years+12.05%
3 months+2.92% 5 years+14.85%
1 year+22.23% Since inception+9.35%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYMDXCategory
Performance 5-yr return+14.85%+16.48%
Expense ratio1.69%2.01%
Risk 5 year sharpe ratio0.90--
Net assets$19.9M$81.4M
Average market cap$5.1B$93.2B
Average P/E19.2--
Portfolio turnover1,216%1,216%

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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

Fixed income64.39%
Cash27.64%
U.S. stock8.38%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 19.64%
Industrial materials 16.66%
Consumer goods 10.34%
Healthcare 10.31%
Consumer service 8.98%
Top 10 Holdings
Portfolio weighting
-- 39.39%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I34.64%
-- 1.97%
-- 0.74%
-- 0.20%
ABMD Abiomed Inc0.08%
BR Broadridge Financial Solutions Inc0.08%
TFX Teleflex Inc0.08%
NVR NVR Inc0.08%
-- 0.08%