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Rydex Technology Fund Class Advisor (RYTAX)

56.82
Net Asset Value
-0.46%
1 Day
+2.03%
Year-to-Date
Overall Morningstar Rating
Technology
Style or Category
No Load
Sales Expenses
1.87%
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 will 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+0.07% 3 years+16.43%
3 months-1.03% 5 years+11.89%
1 year+8.02% Since inception+3.32%
Data through --

Peer Comparisonvs. Technology

 RYTAXCategory
Performance 5-yr return+11.89%+16.25%
Expense ratio1.87%1.56%
Risk 5 year sharpe ratio0.851.02
Net assets$77.4M$843.1M
Average market cap$25.7B$40.8B
Average P/E21.022.3
Portfolio turnover280%280%

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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

U.S. stock71.37%
Fixed income14.93%
International stock12.95%
Cash0.75%
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
AAPL Apple3.30%
GOOGL Google2.33%
MSFT Microsoft2.30%
FB Facebook1.96%
V Visa1.57%
ORCL Oracle1.55%
IBM IBM1.53%
INTC Intel1.43%
CSCO Cisco1.42%
MA MasterCard1.27%