Rydex Banking Adv
9601 Blackwell Road Suite 500 Rockville MD 20850
Map
Phone: 800-820-0888
| Category: | Specialty-Financial | | Fund Family: | Rydex | | Net Assets: | 4.80M | | Year-to-Date Return: | -29.69% | | Yield: | 1.78% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Apr-98 |
|
Michael P. Byrum
Lead Manager since
01-Apr-98 | | | Byrum is president and CIO of Rydex Investments. He has ultimate responsibility for the management of the Funds. He has been associated with Rydex Investments since it was founded in 1993. He was was named the president of Rydex Investments in 2004 and has served as Chief Investment Officer of Rydex Investments since 2003. Ryrum holds the Charted Financial Analyst designation. |
| Min Initial Investment: | $2,500 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
|
| |
| The investment seeks capital appreciation. The fund invests substantially all of assets in equity securities of banking companies that are traded in the United States. The fund may also engage in futures and options transactions, enter into swap agreements, and purchase ADRs and U.S. Government securities. Under SEC regulations, the fund may not invest more than 5% of total assets in the equity securities of any company that derives more than 15% of its revenues from brokerage or investment management activities. It is nondiversified. |
| Last Dividend
(28-Nov-07):
| 0.10 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 1417.00% | | Average for Category:
| 178.91% |
|
| Expense | RYKAX | Category
Avg | | Total Expense Ratio: | 1.85%
| 1.71% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 0.00%
| 5.21% | | Max Deferred Sales Load: | 0.00%
| 2.58% | | 3 Yr Expense Projection*: |
$582 | $869 | | 5 Yr Expense Projection*: |
$1,001 | $1,107 | | 10 Yr Expense Projection*: |
$2,169 | $2,147 |
|
|
2.63% Nasdaq 0.00%
Profile
