Rydex Dow 2x Strategy Fund Class H (RYCVX)
RYCVX Price Chart
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RYCVX Fund Profile
Key details and information about Rydex Dow 2x Strategy Fund Class H (RYCVX).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
20 Feb 2004
Country
US
Description
This fund endeavors to deliver daily investment results that are double the performance of the Dow Jones Industrial Average®, before deducting any fees and expenses. Its strategy involves acquiring common stock of companies that typically fall within the market capitalization range of the underlying index, alongside employing derivative financial instruments. A substantial portion, specifically at least 80% of its net assets (plus any borrowed funds for investment purposes), will be allocated to financial tools designed to mirror the economic behavior of securities within the benchmark index. This fund is categorized as non-diversified.
RYCVX Fund Performance
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