Rydex Inverse S&P 500® Strategy Fund Investor Class (RYURX)

59.82
Net Asset Value
+0.27%
1 Day
-2.91%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
1.43%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that match- before fees and expenses- the inverse (opposite) of the performance of the S&P 500- Index on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities included in the underlying index and investing to a significant extent 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-3.02% 3 years-10.95%
3 months+0.44% 5 years-12.86%
1 year-12.84% Since inception-8.13%
Data through --

Peer Comparisonvs. Bear market

 RYURXCategory
Performance 5-yr return-12.86%-21.16%
Expense ratio1.43%1.98%
Risk 5 year sharpe ratio-1.46-1.26
Net assets$61.3M$99.0M
Average market cap--$83.7B
Average P/E--20.3
Portfolio turnover114%114%

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 / 16 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income72.14%
Cash28.72%
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
-- 16.52%
-- 12.55%
-- 12.40%
-- 11.59%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I8.64%
-- 6.60%
-- 6.59%
-- 0.60%
-- 0.14%
-- 0.05%