Rydex Transportation Inv (RYPIX)
RYPIX Price Chart
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RYPIX Fund Profile
Key details and information about Rydex Transportation Inv (RYPIX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
2 Apr 1998
Country
US
Description
Under normal market conditions, this fund commits a minimum of 80% of its total assets to common stocks of transportation sector companies traded within the United States. It also strategically employs derivative instruments, primarily consisting of futures contracts and options on equities, other futures contracts, and market indices. A significant portion of the fund's capital may be directed towards transportation businesses with small to medium market valuations. To access international transportation firms, the fund has the option to purchase American Depositary Receipts (ADRs), and it may also invest in U.S. government debt.
RYPIX Fund Performance
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