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

87.58
Net Asset Value
+2.64%
1 Day
+5.19%
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-6.89% 3 years+9.75%
3 months-9.00% 5 years+5.49%
1 year+46.90% Since inception-3.56%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYWVXCategory
Performance 5-yr return+5.49%+16.48%
Expense ratio1.76%2.01%
Risk 5 year sharpe ratio0.27--
Net assets$30.3M$87.8M
Average market cap----
Average P/E----
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 stock69.97%
Cash31.16%
U.S. stock0.46%
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 Ltd11.54%
TSM Taiwan Semiconductor8.91%
BIDU Baidu3.34%
CHL China Mobile2.76%
ITUB Itau Unibanco Holding SA2.75%
VALE Vale SA2.42%
HDB HDFC Bank Ltd2.27%
BBD Banco Bradesco SA1.98%
INFY Infosys1.85%
ABEV Ambev1.75%