Rydex Precious Metals Fund Class A (RYMNX)

26.55
Net Asset Value
+0.08%
1 Day
-5.01%
Year-to-Date
Overall Morningstar Rating
Equity precious metals
Style or Category
4.75
Sales Expenses
1.52%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. Under normal circumstances- the fund invests substantially all (at least 80%) of its net assets in equity securities of Precious Metals Companies that are traded in the United States and in derivatives- which primarily consist of futures contracts and options on securities- futures contracts- and stock indices. It may invest to a significant extent in the securities of Precious Metals Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Precious Metals Companies and U.S. government securities. It is non-diversified.

Performance

1 month+1.76% 3 years+4.51%
3 months-9.66% 5 years-5.60%
1 year-6.10% Since inception-1.35%
Data through --

Peer Comparisonvs. Equity precious metals

 RYMNXCategory
Performance 5-yr return-5.60%-8.06%
Expense ratio1.52%1.41%
Risk 5 year sharpe ratio-0.08-0.04
Net assets$52.5M$582.2M
Average market cap$4.6B$3.3B
Average P/E19.820.6
Portfolio turnover508%508%

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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

International stock79.02%
U.S. stock26.42%
Cash6.02%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
FCX Freeport-McMoRan Inc7.71%
NEM Newmont Mining Corp7.33%
-- 6.18%
-- 5.78%
-- 5.66%
-- 5.18%
-- 4.77%
GOLD Randgold Resources Ltd4.35%
GDXJ VanEck Vectors Junior Gold Miners ETF4.25%
RGLD Royal Gold Inc3.75%