Rydex Precious Metals Inv (RYPMX)
* As of 31-Aug-14
Quotes delayed, except where indicated otherwise. Currency in USD.
|Morningstar Overall Rating:|
|Category:||Equity Precious Metals|
|Annual Report Expense Ratio (net):||1.27%|
Performance & Risk
|5y Avg Return:||-4.54%|
|Rank in Category (ytd):||78|
|% Rank in Category (ytd):||102.63%|
|Morningstar Risk Rating:||3|
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. View More