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

42.44
Net Asset Value
-0.14%
1 Day
-5.92%
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+1.56% 3 years-23.25%
3 months-12.21% 5 years-27.75%
1 year-29.70% Since inception-22.80%
Data through --

Peer Comparisonvs. Bear market

 RYTMXCategory
Performance 5-yr return-27.75%-22.83%
Expense ratio1.80%1.92%
Risk 5 year sharpe ratio-1.80-1.45
Net assets$19.6M$98.3M
Average market cap--$63.1B
Average P/E--23.7
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

Fixed income71.62%
Cash29.16%
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
-- 22.38%
-- 20.14%
-- 17.90%
-- 11.19%
-- 0.30%
-- 0.15%
-- 0.10%
-- 0.07%