Rydex Russell 2000 1.5x Strategy Fund Class H (RYMKX)

65.23
Net Asset Value
+0.62%
1 Day
+0.48%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
Sales Expenses
1.74%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that correlate- before fees and expenses- to 150% of the performance of the Russell 2000- Index for small-cap securities on a daily basis. The fund employs as its investment strategy a program of investing in the common stock of companies that are generally 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 financial instruments with economic characteristics that should perform similarly to the securities of companies included in the underlying index. The fund is non-diversified.

Performance

1 month-3.02% 3 years+11.66%
3 months+5.35% 5 years+15.80%
1 year+15.29% Since inception+7.32%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYMKXCategory
Performance 5-yr return+15.80%+16.48%
Expense ratio1.74%2.01%
Risk 5 year sharpe ratio0.87--
Net assets$11.6M$103.7M
Average market cap$2.2B--
Average P/E22.1--
Portfolio turnover1,315%1,315%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 17 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash72.67%
Fixed income24.21%
U.S. stock3.09%
International stock0.02%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 20.15%
Industrial materials 13.23%
Healthcare 11.03%
Consumer goods 9.13%
Business service 8.88%
Top 10 Holdings
Portfolio weighting
-- 3.67%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I3.66%
-- 0.02%
-- 0.02%
NKTR Nektar Therapeutics0.01%
-- 0.01%
-- 0.01%
BLUE bluebird bio Inc0.01%
GRUB GrubHub Inc0.01%
EXAS Exact Sciences Corp0.01%