Rydex Absolute Return Strategies A
9601 Blackwell Road Suite 500 Rockville MD 20850
Map
Phone: 800-820-0888
| Category: | Long-Short | | Fund Family: | Rydex | | Net Assets: | 53.02M | | Year-to-Date Return: | -18.89% | | Yield: | 3.73% | | Morningstar Rating: |  | | Fund Inception Date: | 19-Sep-05 |
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Michael P. Byrum
Lead Manager since
01-Aug-06 | | | 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 |
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| The investment seeks capital appreciation consistent with the return and risk characteristics of the hedge fund universe. The secondary objective is to achieve these returns with low correlation to, and less volatility than, equity indices. The fund may invest in equity securities, fixed income securities pursuing multiple investment styles or mandates that correspond to investment strategies widely employed by hedge funds, including strategies sometimes referred to as absolute return strategies. It is nondiversified. |
| Last Dividend
(27-Nov-07):
| 0.79 | | Last Cap Gain
(27-Nov-07):
| 0.09 | | Annual Holdings Turnover
| 509.00% | | Average for Category:
| 306.03% |
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| Expense | RYMQX | Category
Avg | | Total Expense Ratio: | 1.96%
| 2.19% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 4.75%
| 5.49% | | Max Deferred Sales Load: | 0.00%
| 2.14% | | 3 Yr Expense Projection*: |
$1,076 | $961 | | 5 Yr Expense Projection*: |
$1,506 | $1,671 | | 10 Yr Expense Projection*: |
$2,702 | $3,337 |
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2.63% Nasdaq 0.00%
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