Rydex Series Trust Dynamic Weakening Dollar Fund Class H

 (MUTF:RYWBX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.71%  
1 week
   
-2.88%  
4 week
   
-7.36%  
3 month
   
-13.80%  
YTD
   
-13.22%  
1 year
   
-13.42%  
3 years*
   
-6.20%  
5 years*
   
-5.11%  
*annualized
Best 3 month return+22.84%  
Worst 3 month return-28.27%  

Morningstar statistics

Morningstar category: Trading-Miscellaneous

Key statistics

Total assets6.37M 
Front load-  
Deferred load-  
Expense ratio1.76%  
Management fee-  
Fund familyRydex Funds 

Asset allocation

Cash60.42%  
Stocks0.00%  
Bonds0.00%  
Other39.58%  

Purchase information

Initial$2,500  
IRA Initial$1,000  
15.50+0.01(0.06%)
Oct 1, 4:00PM EDT

Description

The investment seeks to provide investment results that match, before fees and expenses, 200% of the inverse (opposite) of the performance of the U.S. Dollar 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. The U.S. Dollar Index� measures the performance of the U.S. dollar against a basket of foreign currencies that include the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. The fund is non-diversified.
Fund filings (PDF) »
Asset managers:
Michael Dellapa (Started: Aug 1, 2006)
Ryan Harder (Started: Mar 14, 2008)
Michael Byrum (Started: May 25, 2005)
Advisor Company:
Security Investors, LLC
Fund family reports on Morningstar »
Rydex Funds, 9601 Blackwell Rd, Suite 500, Rockville, MD 20850, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -22.29 -29.62 -28.08     -
Beta* 102.06 78.79 103.18     -
Mean annual return -0.14 -0.59 -0.14     -
R-squared* 0.86 4.22 8.01     -
Standard deviation 9.71 13.62 16.52     -
Sharpe ratio -0.17 -0.52 -0.11     -
* Against standard index

Top 10 holdings

Security Net Assets  
Guggenheim Strategy I 40.54%