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

57.73
Net Asset Value
+1.19%
1 Day
+6.99%
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+5.03% 3 years+9.76%
3 months+9.96% 5 years+10.77%
1 year+24.09% Since inception+9.97%
Data through --

Peer Comparisonvs. Mid-cap growth

 RYMGXCategory
Performance 5-yr return+10.77%+13.73%
Expense ratio1.52%1.22%
Risk 5 year sharpe ratio0.861.16
Net assets$110.9M$1.5B
Average market cap$5.6B$12.1B
Average P/E27.928.6
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. stock96.79%
International stock2.67%
Cash0.49%
Fixed income0.05%
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
AKRX Akorn Inc1.99%
ABMD Abiomed Inc1.86%
KBH KB Home1.85%
LPX Louisiana-Pacific Corp1.81%
MKSI MKS Instruments Inc1.81%
IPGP IPG Photonics Corp1.79%
MDSO Medidata Solutions Inc1.79%
SKX Skechers USA Inc1.78%
TPH TRI Pointe Group Inc1.74%
JBL Jabil Inc1.72%