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

58.03
Net Asset Value
-0.58%
1 Day
+7.54%
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+1.72% 3 years+6.41%
3 months+1.93% 5 years+10.19%
1 year+17.95% Since inception+10.01%
Data through --

Peer Comparisonvs. Mid-cap growth

 RYMGXCategory
Performance 5-yr return+10.19%+11.94%
Expense ratio1.52%1.20%
Risk 5 year sharpe ratio0.690.99
Net assets$102.6M$1.6B
Average market cap$5.5B$12.1B
Average P/E26.125.8
Portfolio turnover127%127%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 14 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock97.76%
Cash2.69%
International stock1.73%
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
FTNT Fortinet Inc2.05%
MDSO Medidata Solutions Inc2.03%
MKSI MKS Instruments Inc2.00%
LPX Louisiana-Pacific Corp1.88%
SGMS Scientific Games Corp1.86%
CHDN Churchill Downs Inc1.85%
LIVN LivaNova PLC1.73%
JBL Jabil Inc1.73%
ZBRA Zebra Technologies Corp1.72%
KLXI KLX Inc1.60%