Rydex Emerging Markets 2x Strategy Fund A Class (RYWTX)

70.90
Net Asset Value
+1.29%
1 Day
-14.83%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
4.75
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-8.36% 3 years+17.90%
3 months-14.89% 5 years+3.69%
1 year-7.49% Since inception-4.65%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYWTXCategory
Performance 5-yr return+3.69%+16.48%
Expense ratio1.76%2.01%
Risk 5 year sharpe ratio0.31--
Net assets$8.4M$91.1M
Average market cap$84.8B--
Average P/E20.0--
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 stock74.40%
Cash27.59%
U.S. stock0.00%
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 Ltd13.39%
TSM Taiwan Semiconductor9.52%
BIDU Baidu4.23%
VALE Vale SA3.16%
CHL China Mobile3.11%
HDB HDFC Bank Ltd2.69%
ITUB Itau Unibanco Holding SA2.40%
INFY Infosys2.37%
JD JD.com1.74%
BBD Banco Bradesco SA1.68%