Rydex Inverse NASDAQ-100® 2x Strategy Fund Class A (RYVTX)

38.01
Net Asset Value
0.00%
1 Day
-8.01%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
4.75
Sales Expenses
1.93%
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-1.71% 3 years-28.87%
3 months+7.92% 5 years-34.73%
1 year-33.61% Since inception-29.32%
Data through --

Peer Comparisonvs. Bear market

 RYVTXCategory
Performance 5-yr return-34.73%-21.16%
Expense ratio1.93%2.00%
Risk 5 year sharpe ratio-1.72-1.28
Net assets$11.5M$97.9M
Average market cap--$87.5B
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

Cash71.09%
Fixed income41.52%
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
-- 41.52%
-- 2.10%
-- 0.96%
-- 0.95%
-- 0.04%