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    Rydex Precious Metals Inv (RYPMX)

    28.01 Up 0.13(0.47%) May 1

    Profile as of Mar 30, 2015Get Profile for:
    Rydex Precious Metals Inv
    Rydex Series Funds9601 Blackwell Road,Suite 500Rockville, MD 20850
    Map
    Phone: 800-820-0888
    Fund Overview 
    Category:Equity Precious Metals
    Fund Family:Rydex Funds
    Net Assets:42.62M
    Year-to-Date Return:-4.89%
    Yield:3.20%
    Morningstar Rating:3 stars
    Fund Inception Date:Dec 1, 1993
    Morningstar Style Box 
    Equity Precious Metals
    [View Category Definition]
    View Top Equity Precious Metals Funds
    About the Morningstar Style Box
    Management Information 
    Michael P. Byrum
    Lead Manager since Aug 1, 2000
    Michael P. Byrum, Portfolio Manager of Security Investors. Mr. Byrum joined the Investment Manager in 2010. He was also the President and Chief Investment Officer of Rydex Investments since it was founded in 1993. He has ultimate responsibility for the management of the funds. He was named the president of Rydex Investments in 2004 and has served as chief investment officer since 2003. He was named Vice President of Portfolio for Rydex Investments in 1998, and Executive Vice President in 2000. Prior to joining Rydex Investments, Mr. Byrum worked for Money Management Associates, the investment adviser for Rushmore Funds, Inc. Prior to joining Rydex Advisors, LLC, Mr. Byrum worked for Money Management Associates, Rydex Advisors, LLC 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
    RYPMX can be purchased from 101 brokerages.

    Fund Summary 
    The investment seeks capital appreciation. Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Precious Metals Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It will invest to a significant extent in the securities of Precious Metals Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Precious Metals Companies and U.S. government securities. It is non-diversified.

    Fund Operations 
    Last Dividend (Nov 17, 2014) : 0.80
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Apr 29, 2015) : 348.00%
    Average for Category:32.72%
    Fees & Expenses 
    ExpenseRYPMXCategory Avg
    Annual Report Expense Ratio (net):1.27%1.40%
    Prospectus Net Expense Ratio:1.27%N/A
    Prospectus Gross Expense Ratio:1.27%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.27%
    Max Deferred Sales Load: N/A2.12%
    3 Yr Expense Projection*:403609
    5 Yr Expense Projection*:697945
    10 Yr Expense Projection*:1,5341,867
    * Per $10,000 invested