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

45.59
Net Asset Value
-0.63%
1 Day
-31.79%
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-4.69% 3 years-22.72%
3 months-14.47% 5 years-28.92%
1 year-31.11% Since inception-22.28%
Data through --

Peer Comparisonvs. Bear market

 RYTMXCategory
Performance 5-yr return-28.92%-22.27%
Expense ratio1.80%1.91%
Risk 5 year sharpe ratio-1.80-1.47
Net assets$33.0M$105.1M
Average market cap--$59.0B
Average P/E--21.9
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

Cash55.18%
Fixed income54.25%
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
-- 18.08%
-- 18.08%
-- 9.04%
-- 9.04%
-- 0.81%
-- 0.07%
-- 0.00%