Rydex Dynamic Fd Inverse Russell 2000 2x Strategy Fund (RYIRX)

50.06
Net Asset Value
+3.69%
1 Day
+2.92%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
1.80%
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 Russell 2000-® 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+4.93% 3 years-22.94%
3 months+25.44% 5 years-20.79%
1 year-6.69% Since inception-27.75%
Data through --

Peer Comparisonvs. Bear market

 RYIRXCategory
Performance 5-yr return-20.79%-20.60%
Expense ratio1.80%2.13%
Risk 5 year sharpe ratio-0.71-1.00
Net assets$13.0M$90.2M
Average market cap$2.2B$57.7B
Average P/E16.914.1
Portfolio turnover0%0%

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 / 12 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Cash49.32%
Fixed income44.05%
U.S. stock7.24%
Other0.13%
International stock0.06%
Top 5 Sectors
Portfolio weighting
Financial service 20.03%
Industrial materials 13.58%
Healthcare 11.19%
Business service 9.16%
Consumer service 8.76%
Top 10 Holdings
Portfolio weighting
-- 13.95%
-- 11.17%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I8.70%
-- 8.64%
-- 2.79%
-- 2.78%
-- 0.28%
-- 0.09%
-- 0.07%
-- 0.03%