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Rydex S&P MidCap 400 Pure Growth Fund Class A (RYMGX)

56.25
Net Asset Value
+0.27%
1 Day
+16.24%
Year-to-Date
Overall Morningstar Rating
Mid-cap growth
Style or Category
4.75
Sales Expenses
1.52%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks investment results that match- before fees and expenses- the performance of the S&P MidCap 400 Pure Growth Index for mid-cap growth 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 will invest at least 80% of its net assets- plus any borrowings for investment purposes- in securities of companies 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+2.22% 3 years+6.43%
3 months+8.76% 5 years+11.28%
1 year+18.32% Since inception+9.89%
Data through --

Peer Comparisonvs. Mid-cap growth

 RYMGXCategory
Performance 5-yr return+11.28%+12.62%
Expense ratio1.52%1.23%
Risk 5 year sharpe ratio0.891.16
Net assets$111.7M$1.5B
Average market cap$5.0B$12.1B
Average P/E24.929.4
Portfolio turnover127%127%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 13 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock98.43%
Cash3.95%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Consumer service 19.36%
Healthcare 13.98%
Consumer goods 13.07%
Industrial materials 10.82%
Hardware 6.58%
Top 10 Holdings
Portfolio weighting
CGNX Cognex Corp2.81%
ABMD Abiomed Inc2.74%
TTWO Take-Two Interactive Software Inc2.68%
THO Thor Industries Inc2.04%
IDCC InterDigital Inc1.97%
WCG WellCare Health Plans Inc1.91%
LOGM LogMeIn Inc1.91%
RGLD Royal Gold Inc1.83%
DPZ Domino's Pizza Inc1.81%
MKTX Marketaxess Holdings Inc1.79%