Rydex Basic Commodities Fund Class A (RYMEX)

9.16
Net Asset Value
-4.38%
1 Day
-7.19%
Year-to-Date
Overall Morningstar Rating
Commodities broad basket
Style or Category
4.75
Sales Expenses
1.67%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that correlate, before fees and expenses, to the performance of S&P GSCITM Commodity Index. The fund seeks exposure to the performance of the commodities markets. It will invests in exchange-traded products, including investment companies and commodity pools, that provide exposure to the commodities markets and in commodity-linked derivative instruments, which primarily consist of swap agreements, commodity options, and futures and options on futures. The fund may invest up to 25% of its total assets in a wholly-owned and controlled Cayman Islands subsidiary. It is non-diversified.

Performance

1 month-4.98% 3 years-14.41%
3 months-2.03% 5 years-6.64%
1 year-40.83% Since inception-7.80%
Data through --

Peer Comparisonvs. Commodities broad basket

 RYMEXCategory
Performance 5-yr return-6.64%-3.38%
Expense ratio1.67%1.36%
Risk 5 year sharpe ratio-0.22-0.14
Net assets$7.3M$815.5M
Average market cap--$29.6B
Average P/E--17.2
Portfolio turnover238%238%

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 / 10 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income55.42%
Cash44.58%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Consumer goods 100.00%
Business service 0.00%
Consumer service 0.00%
Energy 0.00%
Financial service 0.00%
Top 10 Holdings
Portfolio weighting
Holdings not available.

To view my watchlist

Not a member yet?

Sign up now for a free account