RYCYX Rydex Dow 2x Strategy Fund Class C
This is an open ended mutual fund. Seeks to provide investment results that match, before fees and expenses, 200% of the performance of the Dow Jones Industrial Average on a daily basis. The Index represents 30 large and well-known U.S. companies covering all industries with the exception of transportation and utilities. Stocks are selected by a committee that consists of three people from Standard & Poor's and two editors of The Wall Street Journal. To be eligible, a stock must be a member of the S&P 500 Index. The index is price weighted rather than weighted by market capitalization. Changes to the Index are made on an as-needed basis. There is no annual or semi-annual reconstitution. Rather, changes in response to corporate actions and market developments can be made at any time. See more discussion of this index in our article what is the Dow Jones Industrial Average?
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As of 10/01/2023
Mutual Fund Information
Sponsor: Rydex Funds
Category1: US Equity
Category2: Broad market
Category3: Large cap
Morningstar category: Trading--Leveraged Equity
Investment style: Passively tracks an index
Leverage factor: 2.00
Inception date: 02/20/2004
Market cap: $1,750,000
Current yield: 0.00%
Fees: 2.5400%
All SEC Filings: SEC Edgar Online
Summary Prospectus: 497
Semi-Annual filings: N-CSR
Quarterly holdings: NPORT
Index Information
Dow Jones Industrial Average
Index symbol: DJI
Provider: S&P Dow Jones
Index weighting: Price weighted
Index inception date: 05/26/1896
Backtesting data exists: No
Number of holdings: 30
Strategy: Passive market cap indexing