Rydex Inverse Russell 2000 2x Strategy Fund Class C (RYIZX)

33.98
Net Asset Value
-2.02%
1 Day
-23.79%
Year-to-Date
Overall Morningstar Rating
Bear market
Style or Category
No Load
Sales Expenses
2.55%
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-1.25% 3 years-30.16%
3 months-1.90% 5 years-26.14%
1 year-32.54% Since inception-30.10%
Data through --

Peer Comparisonvs. Bear market

 RYIZXCategory
Performance 5-yr return-26.14%-21.22%
Expense ratio2.55%2.17%
Risk 5 year sharpe ratio-1.16-1.36
Net assets$12.2M$88.2M
Average market cap$2.1B$51.6B
Average P/E18.514.3
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

Cash69.65%
Fixed income24.59%
U.S. stock5.69%
International stock0.07%
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
-- 8.48%
-- 8.22%
RYIFX Guggenheim Series Trust Managed Futures Strategy Fund Class I6.47%
-- 1.69%
-- 1.69%
-- 0.33%
-- 0.12%
-- 0.11%
-- 0.10%
-- 0.10%