Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Rydex Inverse Mid-Cap Strategy Fund Class H (RYMHX)

23.24
Net Asset Value
-0.09%
1 Day
-10.37%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
1.69%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- the inverse (opposite) of the performance of the S&P MidCap 400-® Index on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities included in the underlying index and investing to a significant extent in derivative instruments. It will invest at least 80% of its net assets- plus any borrowings for investment purposes- in financial instruments with economic characteristics that should perform opposite to the securities of companies included in the underlying index. The fund is non-diversified.

Performance

1 month-3.49% 3 years-13.66%
3 months-2.72% 5 years-15.27%
1 year-17.85% Since inception-11.96%
Data through --

Peer Comparisonvs. Bear market

 RYMHXCategory
Performance 5-yr return-15.27%-22.27%
Expense ratio1.69%2.00%
Risk 5 year sharpe ratio-1.45-1.37
Net assets$2.9M$112.8M
Average market cap--$64.2B
Average P/E--21.4
Portfolio turnover120%120%

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 / 13 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash91.05%
Fixed income9.03%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
Holdings not available.