Rydex Emerging Markets 2x Strategy Fund A Class (RYWTX)

83.30
Net Asset Value
-2.50%
1 Day
+0.06%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
4.75
Sales Expenses
1.76%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that correlate- before fees and expenses- to 200% of the performance of the BNY Mellon Emerging Markets 50 ADR Index on a daily basis. The fund invests principally in securities of companies included in the underlying index and in derivative instruments. It will invest at least 80% of its net assets- plus any borrowings for investment purposes- in securities of companies in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. The fund is non-diversified.

Performance

1 month-4.89% 3 years+7.74%
3 months-9.83% 5 years+2.13%
1 year+33.97% Since inception-4.02%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYWTXCategory
Performance 5-yr return+2.13%+16.48%
Expense ratio1.76%2.01%
Risk 5 year sharpe ratio0.23--
Net assets$12.7M$81.4M
Average market cap$83.5B$93.2B
Average P/E18.6--
Portfolio turnover2,568%2,568%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 7 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

International stock83.33%
Cash16.41%
U.S. stock0.53%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
BABA Alibaba Group Holding Ltd13.89%
TSM Taiwan Semiconductor9.69%
BIDU Baidu4.65%
CHL China Mobile3.54%
VALE Vale SA3.26%
ITUB Itau Unibanco Holding SA3.17%
HDB HDFC Bank Ltd2.72%
INFY Infosys2.27%
BBD Banco Bradesco SA2.22%
ABEV Ambev1.97%