Mutual Fund Insights: Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX)

In-depth Analysis of Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX)

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See Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) performance details as of January 31, 2010

  

Last Trade: $6.17 on 3/19/2010, Change: +0.07 (1.15%)

  

Fund Manager - Michael P. Byrum

Fund Manager Tenure: 3.9 years   [Similar Funds: RYCWX  RYCZX  RYIDX ]
Fundmojo Fund Grade: N/A (Score: Manager deploys a bear strategy)     (What does this score mean?)

Byrum is president and CIO of Rydex Investments, his employer since its foundation in 1993. He has ultimate responsibility for the management of the funds. He was named the president of Rydex Investments in 2004 and has served as chief investment officer since 2003.Prior to joining Rydex Investments, Mr. Byrum worked for Money Management Associates, the investment adviser for Rushmore Funds, Inc. Byrum holds the Charted Financial Analyst designation.  Get more insights on Michael P. Byrum

  

 What we like about Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX)

Data for Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) as of January 31, 2010

• Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) management has been with Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund for 3.9 years

  

 What we are cautious about Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX)

Data for Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) as of January 31, 2010

• Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) has a less-than-ideal short-term performance (1-year return -63.16% vs -37.50% Bear Market category average)
• Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) has a less-than-ideal mid-term performance (3-year return -19.62% vs -8.30% Bear Market category average)
• Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) has a less-than-ideal Long-term performance (5-year return -16.91% vs -6.94% Bear Market category average)
• Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) ratio of up-years vs down years can be improved
• Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) is less safe compared to its Bear Market peers
• Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) does not have a good risk adjusted return as its 3-year Alpha of -36.03 is worse than category average of -18.3, and its 3-year Sharpe ratio is -0.31
• Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) is more volatile than its peers as it has a 3-year Standard Deviation of 45.39 that is higher than category average of 30.28
• Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) has a higher management fee of 2.51% than its Bear Market average of 2.01%
• Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) carries a 1% load

See Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) performance details as of January 31, 2010

  

  

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Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) Net Asset

Track net asset change of Rydex Dyn Inverse NASDAQ-100 2X Strat C fund (RYCDX)

Date	Net Asset
01/2010	$6.92M
11/2009	$6.28M
10/2009	$8.17M

More historic net asset information on Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX)

  

Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) Portfolio Allocation

Track portfolio allocation change of Rydex Dyn Inverse NASDAQ-100 2X Strat C fund (RYCDX)

Date	Cash	Stock	Bond	Other
11/2009	100%	0%	0%	0%
10/2009	92.19%	7.81%	0%	0%
08/2009	98.64%	1.36%	0%	0%

Click here to see more historic asset allocation information on Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX)

  

Most Recent Top 10 Holdings in Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX)

Discover what Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX) manager is buying

30-Nov-09 Credit Suisse Swap [5.95%] Goldman Swap [1.86%] NASDAQ 100 E-MINI DEC 09 [0.03%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

31-Oct-09 Credit Suisse Swap [5.95%] Goldman Swap [1.86%] NASDAQ 100 E-MINI DEC 09 [0.03%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

31-Aug-09 Credit Suisse Swap [1.12%] NASDAQ 100 E-MINI SEP 09 [0.27%] Goldman Swap [0.25%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

Click here for Stock Holding Change Map in Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX)

  

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See more information on Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund (RYCDX)

• Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund Insights
• Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund Performance Data
• Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund News
• Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund Score Explaination
• Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund Manager Information
• Historic Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund Asset Allocation Report
• Historic Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund Top 10 Holding Tracking
• Historic Rydex Dyn Inverse NASDAQ-100 2X Strat C Fund Asset Under Management Tracking