Rydex Emerging Markets 2x Strategy Fund A Class (RYWTX)

95.95
Net Asset Value
+3.23%
1 Day
+15.26%
Year-to-Date
Overall Morningstar Rating
Trading--leveraged equity
Style or Category
4.75
Sales Expenses
1.76%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to provide investment results that correlate- before fees and expenses- to 200% of the performance of the BNY Mellon Emerging Markets 50 ADR Index on a daily basis. The fund invests principally in securities of companies included in the underlying index and in derivative instruments. It will invest at least 80% of its net assets- plus any borrowings for investment purposes- in securities of companies in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. The fund is non-diversified.

Performance

1 month-3.27% 3 years+13.85%
3 months+10.77% 5 years+4.70%
1 year+57.17% Since inception-1.39%
Data through --

Peer Comparisonvs. Trading--leveraged equity

 RYWTXCategory
Performance 5-yr return+4.70%+16.48%
Expense ratio1.76%2.01%
Risk 5 year sharpe ratio0.30--
Net assets$23.2M$103.7M
Average market cap$92.6B--
Average P/E19.6--
Portfolio turnover2,568%2,568%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 7 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

International stock57.05%
Cash43.42%
U.S. stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
BABA Alibaba Group Holding Ltd10.34%
TSM Taiwan Semiconductor7.43%
BIDU Baidu2.97%
CHL China Mobile2.56%
ITUB Itau Unibanco Holding SA2.33%
-- 2.08%
HDB HDFC Bank Ltd2.01%
VALE Vale SA2.01%
BBD Banco Bradesco SA1.70%
JD JD.com1.68%