Rydex Technology Fund Class H (RYTAX)

87.16
Net Asset Value
-0.54%
1 Day
+6.72%
Year-to-Date
Overall Morningstar Rating
Technology
Style or Category
No Load
Sales Expenses
1.63%
Expense Ratio
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 Technology 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 Technology Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Technology Companies and U.S. government securities. It is non-diversified.

Performance

1 month-1.03% 3 years+15.17%
3 months+4.46% 5 years+17.65%
1 year+28.41% Since inception+5.29%
Data through --

Peer Comparisonvs. Technology

 RYTAXCategory
Performance 5-yr return+17.65%+19.49%
Expense ratio1.63%1.40%
Risk 5 year sharpe ratio1.301.37
Net assets$135.6M$1.3B
Average market cap$38.8B$44.8B
Average P/E27.227.6
Portfolio turnover320%320%

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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. stock86.96%
International stock13.07%
Fixed income0.00%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Hardware 40.88%
Telecommunication 20.40%
Business service 5.83%
Financial service 3.04%
Consumer service 2.71%
Top 10 Holdings
Portfolio weighting
GOOGL Google3.41%
AAPL Apple3.16%
MSFT Microsoft3.14%
FB Facebook2.63%
V Visa1.90%
INTC Intel1.74%
BABA Alibaba Group Holding Ltd1.69%
ORCL Oracle1.65%
CSCO Cisco1.65%
MA MasterCard1.59%