Top Rydex Funds – Mutual Fund Education
Alex Kolb (October 7th, 2009) Writes:
Rydex Inverse S&P 500 Strategy Inv (RYURX) was incepted in January 1994. The investment seeks to provide investment results that inversely correlate to daily performance of the S&P 500 Index.
The fund normally invests in financial instruments with economic characteristics that should perform opposite to those of its underlying index. It is non-diversified.
Unit holders have to make a minimum initial investment of $2,500 to enter this Zacks#1 Rank (“Strong Buy") fund. It has outstripped the total returns of its benchmark index in the last 1-, 3- and 5-year periods.
Rydex Transportation Inv (RYPIX) seeks capital appreciation by investing in companies engaged in providing transportation services or those engaged in design, manufacture, distribution, or sale of transportation equipment.
The fund invests in securities that are traded in the United States, as well as in futures and options contracts. It has an expense ratio of 1.38%.
The fund’s key
...Analyst, Burlington Northern Santa Fe Corp.;, electronics, Investing Lessons, Investment Adviser, lead manager, manager at the fund, Michael P. Byrum, Money Management Associates, Rushmore Funds Inc., semiconductor, Stocks to Watch, Transportation Equipment, transportation services, Union Pacific Corp., United Parcel Service Inc., United States, USD, Zacks Market Commentaries


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