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    Rydex Basic Materials Inv (RYBIX)

    44.13 Up 0.66(1.52%) Oct 8

    Profile as of Sep 29, 2015Get Profile for:
    Rydex Basic Materials Inv
    Rydex Series Funds9601 Blackwell Road,Suite 500Rockville, MD 20850
    Phone: 800-820-0888
    Fund Overview 
    Category:Natural Resources
    Fund Family:Rydex Funds
    Net Assets:14.84M
    Year-to-Date Return:-20.44%
    Morningstar Rating:4 stars
    Fund Inception Date:Apr 1, 1998
    Morningstar Style Box 
    Natural Resources
    [View Category Definition]
    View Top Natural Resources Funds
    About the Morningstar Style Box
    Management Information 
    Michael P. Byrum
    Lead Manager since Apr 1, 1998
    Michael P. Byrum, CFA, Senior Vice President. He has been associated with the Advisor since it was founded in 1993. During this time, he has played a key role in the development of the firm’s investment strategies and product offerings. He was named Vice President of Portfolio for the Advisor in 1998, and Executive Vice President in 2000. Prior to joining the Advisor, Mr. Byrum worked for Money Management Associates, the investment adviser for Rushmore Funds, Inc. He holds a degree in finance from Miami University of Ohio and is a member of the CFA Institute and the Washington Society of Investment Analysts.
    Investment Information 
    Min Initial Investment:2,500
    Min Initial Investment, IRA:1,000
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    RYBIX can be purchased from 104 brokerages.

    Fund Summary 
    The investment seeks capital appreciation. The fund invests substantially all (at least 80%) of its net assets in equity securities of Basic Materials Companies that are traded in the United States and in derivatives. It will invest to a significant extent in the securities of Basic Materials Companies that have small to mid-sized capitalizations. Basic Materials Companies are engaged in the manufacture; mining, processing, or distribution of raw materials and intermediate goods used in the industrial sector, and may be involved in the production and transportation of metals, textiles, and wood products. The fund is non-diversified.

    Fund Operations 
    Last Dividend (Nov 17, 2014) : 0.38
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Oct 6, 2015) : 358.00%
    Average for Category:66.96%
    Fees & Expenses 
    ExpenseRYBIXCategory Avg
    Annual Report Expense Ratio (net):1.34%1.42%
    Prospectus Net Expense Ratio:1.34%N/A
    Prospectus Gross Expense Ratio:1.34%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.28%
    Max Deferred Sales Load: N/A1.92%
    3 Yr Expense Projection*:425616
    5 Yr Expense Projection*:734968
    10 Yr Expense Projection*:1,6131,949
    * Per $10,000 invested