Rydex Russell 2000 2x Strategy Fund Class C (RYRLX)

133.16
Net Asset Value
-1.15%
1 Day
+0.49%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
Sales Expenses
2.58%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- 200% of the performance of the Russell 2000- Index 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 in the underlying index. The fund is non-diversified.

Performance

1 month+5.21% 3 years+10.63%
3 months-7.11% 5 years+18.70%
1 year+19.18% Since inception+5.38%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYRLXCategory
Performance 5-yr return+18.70%+16.48%
Expense ratio2.58%2.01%
Risk 5 year sharpe ratio0.69--
Net assets$56.1M$87.8M
Average market cap$2.0B--
Average P/E19.9--
Portfolio turnover810%810%

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 / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash69.11%
Fixed income23.17%
U.S. stock13.08%
International stock0.11%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 19.98%
Industrial materials 13.26%
Healthcare 11.12%
Consumer goods 9.14%
Business service 8.87%
Top 10 Holdings
Portfolio weighting
-- 9.79%
-- 8.02%
-- 5.36%
-- 0.33%
-- 0.28%
-- 0.23%
-- 0.15%
NKTR Nektar Therapeutics0.09%
GRUB GrubHub Inc0.05%
BLUE bluebird bio Inc0.05%