Rydex Inverse NASDAQ-100® 2x Strategy Fund Class H (RYVNX)

33.16
Net Asset Value
-0.27%
1 Day
-19.88%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
1.83%
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 NASDAQ-100 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-12.90% 3 years-31.90%
3 months-4.49% 5 years-35.01%
1 year-35.97% Since inception-25.43%
Data through --

Peer Comparisonvs. Bear market

 RYVNXCategory
Performance 5-yr return-35.01%-21.16%
Expense ratio1.83%1.98%
Risk 5 year sharpe ratio-1.69-1.26
Net assets$17.3M$99.0M
Average market cap--$83.7B
Average P/E--20.3
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income61.69%
Cash40.15%
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
-- 26.90%
-- 0.91%
-- 0.37%
-- 0.37%
-- 0.19%