Rydex NASDAQ-100 2x Strategy Fund (RYCCX)
RYCCX Price Chart
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RYCCX Fund Profile
Key details and information about Rydex NASDAQ-100 2x Strategy Fund (RYCCX).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
20 Nov 2000
Country
US
Description
The fund's investment strategy primarily involves allocating its capital to the common stocks of companies whose market capitalization generally aligns with the underlying index, in addition to employing derivative instruments. A core tenet of its approach requires at least 80% of its net assets, including any funds borrowed for investment purposes, to be placed in financial instruments that are expected to deliver economic characteristics and performance similar to the securities within the underlying index. It's important to note that this fund is structured as non-diversified.
RYCCX Fund Performance
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