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Rydex Inverse Russell 2000 2x Strategy H (RYIRX)

34.26 Down 0.39(1.13%) Apr 17
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Profile as of Mar 30, 2014Get Profile for:
Rydex Inverse Russell 2000 2x Strategy H
9601 Blackwell RoadSuite 500Rockville MD 20850
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Phone: 800-820-0888
Fund Overview 
Category:Bear Market
Fund Family:Rydex Funds
Net Assets:30.82M
Year-to-Date Return:-4.76%
Yield:0.00%
Morningstar Rating:N/A
Fund Inception Date:May 31, 2006
Morningstar Style Box 
Bear Market
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Management Information 
Ryan A. Harder
Lead Manager since Mar 14, 2008
Harder 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
RYIRX can be purchased from 78 brokerages.

Fund Summary 
The investment seeks to provide investment results that match, before fees and expenses, 200% of the inverse (opposite) of the performance of the Russell 2000® 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 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 opposite to the securities of companies included in the underlying index. The fund is non-diversified.

Fund Operations 
Last Dividend (Dec 7, 2008) : 2.11
Last Cap Gain (Dec 16, 2009) : 0.01
Annual Holdings Turnover (Oct 5, 2010) : 0.00%
Average for Category:489.00%
Fees & Expenses 
ExpenseRYIRXCategory Avg
Annual Report Expense Ratio (net):1.81%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:N/A4.89%
Max Deferred Sales Load: N/A1.00%
3 Yr Expense Projection*:569783
5 Yr Expense Projection*:9801,284
10 Yr Expense Projection*:2,1272,666
* Per $10,000 invested