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Rydex Russell 2000 2x Strategy A (RYRUX)

261.39 Up 4.85(1.89%) May 27

Profile as of Apr 29, 2016Get Profile for:
Rydex Russell 2000 2x Strategy A
Rydex Dynamic Funds9601 Blackwell Road Suite 500Rockville MD 20850
Phone: 800-820-0888
Fund Overview 
Category:Trading--Leveraged Equity
Fund Family:Rydex Funds
Net Assets:33.95M
Year-to-Date Return:-2.17%
Morningstar Rating:1 stars
Fund Inception Date:May 31, 2006
Morningstar Style Box 
Trading--Leveraged Equity
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About the Morningstar Style Box
Management Information 
Ryan A. Harder
Lead Manager since Mar 14, 2008
Ryan A. Harder, Portfolio Manager of Security Investors. Mr. Harder joined the Investment Manager in 2010.He also joined Rydex Investments in 2004 as an assistant portfolio manager, was promoted to portfolio manager in 2005 and has served in his current capacity since 2008. Prior to joining Rydex Investments, he served in various capacities with WestLB Asset Management, including as an assistant portfolio manager, and worked in risk management at CIBC World Markets.He holds a B.A. in Economics from Brock University in Ontario, Canada and a Master of Science in International Securities, Investment and Banking from the ICMA Centre at the University of Reading in the U.K. Harder holds the Chartered Financial Analyst designation.
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
RYRUX can be purchased from 60 brokerages.

Fund Summary 
The investment seeks to provide investment results that match, before fees and expenses, 200% of the performance of the Russell 2000® Index on a daily basis. The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform similarly to the securities of companies in the underlying index. The fund is non-diversified.

Fund Operations 
Last Dividend : 0.00
Last Cap Gain (Dec 7, 2015) : 0.00
Annual Holdings Turnover (May 25, 2016) : 620.00%
Average for Category:241.85%
Fees & Expenses 
ExpenseRYRUXCategory Avg
Annual Report Expense Ratio (net):1.80%1.98%
Prospectus Net Expense Ratio:1.81%N/A
Prospectus Gross Expense Ratio:1.81%N/A
Max 12b1 Fee:0.25%N/A
Max Front End Sales Load:4.75%4.75%
Max Deferred Sales Load: N/A1.00%
3 Yr Expense Projection*:1,017682
5 Yr Expense Projection*:1,4081,138
10 Yr Expense Projection*:2,5012,387
* Per $10,000 invested