Rydex Emerging Markets 2x Strategy Fund H Class (RYWVX)

92.39
Net Asset Value
-1.11%
1 Day
+10.97%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
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-1.17% 3 years+11.23%
3 months+10.90% 5 years+3.30%
1 year+53.45% Since inception-1.39%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYWVXCategory
Performance 5-yr return+3.30%+16.48%
Expense ratio1.76%2.01%
Risk 5 year sharpe ratio0.30--
Net assets$23.2M$103.7M
Average market cap$80.1B--
Average P/E18.0--
Portfolio turnover2,568%2,568%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

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 stock82.10%
Cash18.61%
U.S. stock0.00%
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 Ltd13.33%
TSM Taiwan Semiconductor9.93%
BIDU Baidu4.31%
CHL China Mobile3.75%
HDB HDFC Bank Ltd2.87%
VALE Vale SA2.86%
ITUB Itau Unibanco Holding SA2.82%
INFY Infosys2.17%
JD JD.com2.16%
BBD Banco Bradesco SA2.10%