Rydex Inverse Russell 2000 2x Strategy Fund Class A (RYIUX)

38.57
Net Asset Value
+0.57%
1 Day
-21.01%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
4.75
Sales Expenses
1.73%
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+0.92% 3 years-26.28%
3 months-15.51% 5 years-26.40%
1 year-31.76% Since inception-29.27%
Data through --

Peer Comparisonvs. Bear market

 RYIUXCategory
Performance 5-yr return-26.40%-21.22%
Expense ratio1.73%2.00%
Risk 5 year sharpe ratio-1.08-1.30
Net assets$14.9M$93.0M
Average market cap$2.1B$50.1B
Average P/E20.017.8
Portfolio turnover0%0%

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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

Cash63.78%
Fixed income32.35%
U.S. stock4.23%
International stock0.00%
Other0.00%
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
-- 10.00%
-- 8.01%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I6.34%
-- 6.10%
-- 2.00%
-- 1.99%
-- 0.26%
-- 0.21%
-- 0.20%
-- 0.15%