Rydex NASDAQ-100 2x Strategy Fund Class H (RYVYX)
RYVYX Price Chart
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RYVYX Fund Profile
Key details and information about Rydex NASDAQ-100 2x Strategy Fund Class H (RYVYX).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
24 May 2000
Country
US
Description
This fund aims to achieve investment results equivalent to two hundred percent (200%) of the NASDAQ-100 Index's daily performance, before accounting for fees and expenses. Its strategy involves a blend of investing in common stocks of companies similar in market capitalization to those within the underlying index, alongside the strategic utilization of various derivative instruments. At least 80% of the fund's net assets, plus any borrowed capital for investment purposes, will be allocated to financial instruments designed to mirror the economic characteristics and performance of the securities found in the underlying index. Notably, the fund operates on a non-diversified basis.
RYVYX Fund Performance
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