Rydex Inverse S&P 500 2x Strategy Fund Class A (RYTMX)

43.65
Net Asset Value
+1.70%
1 Day
-3.24%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
4.75
Sales Expenses
1.80%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- 200% of the inverse (opposite) of the performance of the S&P 500- Index on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities generally included in the underlying index and investing in 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 opposite to the securities of companies included in the underlying index. The fund is non-diversified.

Performance

1 month+2.25% 3 years-22.08%
3 months+7.04% 5 years-26.42%
1 year-26.61% Since inception-21.94%
Data through --

Peer Comparisonvs. Bear market

 RYTMXCategory
Performance 5-yr return-26.42%-21.16%
Expense ratio1.80%2.00%
Risk 5 year sharpe ratio-1.51-1.28
Net assets$28.9M$97.9M
Average market cap--$87.5B
Average P/E--20.3
Portfolio turnover78%78%

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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

Cash61.14%
Fixed income42.16%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 17.58%
-- 15.81%
-- 8.76%
-- 1.04%
-- 0.41%
-- 0.40%
-- 0.15%