Rydex Inverse NASDAQ-100® 2x Strategy Fund Class C RYCDX
Strategy
The investment seeks to provide investment results that match, before fees and expenses, 200% of the inverse (opposite) of the performance of the NASDAQ-100 Index® on a daily basis. The fund manager 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.
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Ticker
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Name
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Share Class Type
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Investment Status
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Morningstar Rating for Funds
Overall
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Medalist Rating
Overall
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Inception Date
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Total Net Assets for Share Class
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Adjusted Expense Ratio
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Fee Level
Distribution
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Minimum Initial Investment
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1-Year Net Flow
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RYVNX
| Rydex Inverse NASDAQ-100® 2x Strategy Fund Class H | No Load | Open | — | — | $12.60M | 1.750% | Average | $2,500 | $15.15M | |
RYVTX
| Rydex Inverse NASDAQ-100® 2x Strategy Fund Class A | Front Load | Open | — | — | $449,788.00 | 1.970% | High | $2,500 | −$273,250.76 | |
RYCDX
| Rydex Inverse NASDAQ-100® 2x Strategy Fund Class C | Level Load | Open | — | — | $142,275.00 | 2.730% | High | $2,500 | $111,788.61 |