Rydex Electronics Fund Class C (RYSCX)

117.03
Net Asset Value
+1.86%
1 Day
+5.10%
Year-to-Date
Overall Morningstar Rating
Technology
Style or Category
No Load
Sales Expenses
2.38%
Expense Ratio
Above Average
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 Electronics 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 Electronics Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Electronics Companies and U.S. government securities. It is non-diversified.

Performance

1 month-3.76% 3 years+17.82%
3 months-0.49% 5 years+20.89%
1 year+27.81% Since inception+1.42%
Data through --

Peer Comparisonvs. Technology

 RYSCXCategory
Performance 5-yr return+20.89%+19.49%
Expense ratio2.38%1.40%
Risk 5 year sharpe ratio1.271.37
Net assets$79.4M$1.3B
Average market cap$24.4B$44.8B
Average P/E23.927.6
Portfolio turnover643%643%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 19 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock85.12%
International stock14.46%
Fixed income0.42%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Hardware 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
INTC Intel8.18%
NVDA NVIDIA Corp7.08%
TXN Texas Instruments5.68%
QCOM Qualcomm5.31%
AVGO Broadcom Ltd5.11%
AMAT Applied Materials Inc4.01%
MU Micron Technology Inc3.74%
ADI Analog Devices Inc3.13%
LRCX Lam Research Corp2.93%
MCHP Microchip Technology Inc2.55%