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    Rydex Inverse Emerging Mkts 2X Strat C (RYWZX)

    25.54 Down 1.14(4.27%) Feb 12

    Profile as of Jan 30, 2016Get Profile for:
    Rydex Inverse Emerging Mkts 2X Strat C
    Rydex Series Funds9601 Blackwell Road,Suite 500Rockville, MD 20850
    Phone: 800-820-0888
    Fund Overview 
    Category:Trading-Inverse Equity
    Fund Family:Rydex Funds
    Net Assets:45.02M
    Year-to-Date Return:12.04%
    Morningstar Rating:N/A
    Fund Inception Date:Oct 29, 2010
    Morningstar Style Box 
    Trading-Inverse Equity
    [View Category Definition]
    View Top Trading-Inverse Equity Funds
    About the Morningstar Style Box

    Style box information not available for RYWZX.

    Management Information 
    Michael P. Byrum
    Lead Manager since Oct 29, 2010
    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
    RYWZX can be purchased from 12 brokerages.

    Fund Summary 
    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.

    Fund Operations 
    Last Dividend : N/A
    Last Cap Gain : N/A
    Annual Holdings Turnover : 1,085.00%
    Average for Category:1,895.00%
    Fees & Expenses 
    ExpenseRYWZXCategory Avg
    Annual Report Expense Ratio (net):2.48%1.94%
    Prospectus Net Expense Ratio:2.48%N/A
    Prospectus Gross Expense Ratio:2.48%N/A
    Max 12b1 Fee:1.00%N/A
    Max Front End Sales Load:N/A4.75%
    Max Deferred Sales Load: 1.00%1.00%
    3 Yr Expense Projection*:773788
    5 Yr Expense Projection*:1,3211,238
    10 Yr Expense Projection*:2,8162,483
    * Per $10,000 invested