Rydex Inverse Emerging Markets 2x Strategy Fund A Class (RYWWX)

42.45
Net Asset Value
-1.76%
1 Day
-2.08%
Year-to-Date
Overall Morningstar Rating
Trading--inverse equity
Style or Category
4.75
Sales Expenses
1.75%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that correlate- before fees and expenses- to 200% of the inverse (opposite) of the performance of the BNY Mellon Emerging Markets 50 ADR 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 leveraged derivatives instruments. It invests 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+4.60% 3 years-24.61%
3 months+6.61% 5 years-20.08%
1 year-15.47% Since inception-14.47%
Data through --

Peer Comparisonvs. Trading--inverse equity

 RYWWXCategory
Performance 5-yr return-20.08%-29.79%
Expense ratio1.75%1.94%
Risk 5 year sharpe ratio-0.50--
Net assets$1.6M$4.0M
Average market cap----
Average P/E----
Portfolio turnover1,085%1,085%

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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

Cash170.83%
U.S. stock0.00%
International 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
Holdings not available.