Rydex Emerging Markets 2x Strategy Fund H Class (RYWVX)

68.61
Net Asset Value
-4.11%
1 Day
-17.60%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
No Load
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-10.61% 3 years+13.31%
3 months-20.93% 5 years+1.91%
1 year-10.36% Since inception-4.65%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYWVXCategory
Performance 5-yr return+1.91%+16.48%
Expense ratio1.76%2.01%
Risk 5 year sharpe ratio0.31--
Net assets$8.4M$91.1M
Average market cap$80.6B--
Average P/E19.5--
Portfolio turnover2,568%2,568%

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 / 7 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income49.03%
International stock25.75%
Cash25.05%
U.S. stock0.17%
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 Ltd4.68%
TSM Taiwan Semiconductor2.98%
BIDU Baidu1.47%
CHL China Mobile1.07%
VALE Vale SA0.97%
HDB HDFC Bank Ltd0.96%
INFY Infosys0.80%
ITUB Itau Unibanco Holding SA0.73%
JD JD.com0.66%
CEO CNOOC Ltd0.60%