Home Contact
Login   |  Tell a Friend
Financial Optimization through Technology Innovation
mutual fund
 Top Fund Managers
Latest Mutual Fund News Latest Mutual Fund News

Financial Advisor Sponsor:Philip A. White


 Bookmark this site!
Follow FundMojo on Twitter
Get Fund Information

Get Stock News

(Enter Stock Symbol)

Partner Sites

Annuities
Wall Street Journal
eHealthInsurance
Fund Mojo on Facebook
Fund Mojo help you discover the best fund managers, funds, and related information

Fund Intelligence | Best Managers | RYFIX Insights | RYFIX Score | RYFIX Performance | RYFIX Manager | RYFIX News | RYFIX Allocation | RYFIX Holdings Change

Mutual Fund Insights: Rydex Financial Services Inv Fund (RYFIX)

In-depth Analysis of Rydex Financial Services Inv Fund (RYFIX)

Mutual fund chart: Rydex Financial Services Inv Fund (RYFIX)

3 months
6 months
1 year
3 year
5 year

See Rydex Financial Services Inv Fund (RYFIX) performance details as of January 31, 2010

  

    Last Trade: $74.23 on 3/19/2010, Change: -0.59 (-0.79%)

  

Fund Manager - Michael P. Byrum

Fund Manager Tenure: 12.0 years   [Similar Funds: RYFAX  RYFCX  RYFNX  RYKIX ]
Fundmojo Fund Grade: D (Score: 0.41)     (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 Financial Services Inv Fund (RYFIX) What we like about Rydex Financial Services Inv Fund (RYFIX)

Data for Rydex Financial Services Inv Fund (RYFIX) as of January 31, 2010

  • Rydex Financial Services Inv Fund (RYFIX) management has been with Rydex Financial Services Inv Fund for 12.0 years
  • Rydex Financial Services Inv Fund (RYFIX) ratio of up-years vs down years is greater than 2
  • Rydex Financial Services Inv Fund (RYFIX) has a lower management fee than its Financial average: 1.37% vs 1.76%
  • Rydex Financial Services Inv Fund (RYFIX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

What we are cautious about Rydex Financial Services Inv Fund (RYFIX) What we are cautious about Rydex Financial Services Inv Fund (RYFIX)

Data for Rydex Financial Services Inv Fund (RYFIX) as of January 31, 2010

  • Rydex Financial Services Inv Fund (RYFIX) has a less-than-ideal short-term performance (1-year return 46.26% vs 49.15% Financial category average)
  • Rydex Financial Services Inv Fund (RYFIX) has a less-than-ideal mid-term performance (3-year return -21.53% vs -16.13% Financial category average)
  • Rydex Financial Services Inv Fund (RYFIX) has a less-than-ideal Long-term performance (5-year return -9.18% vs -5.96% Financial category average)
  • Rydex Financial Services Inv Fund (RYFIX) has a Morningstar rating of 3 and below
  • Rydex Financial Services Inv Fund (RYFIX) is less safe compared to its Financial peers
  • Rydex Financial Services Inv Fund (RYFIX) does not have a good risk adjusted return as its 3-year Alpha of -10.8 is worse than category average of -6.43, and its 3-year Sharpe ratio is -0.7
  • Rydex Financial Services Inv Fund (RYFIX) is more volatile than its peers as it has a 3-year Standard Deviation of 30.42 that is higher than category average of 28.7
See Rydex Financial Services Inv Fund (RYFIX) performance details as of January 31, 2010

  

  

Interested in other top mutual funds in similar Financial category?

Below are some additional Financial mutual funds generated out of our database

  

Rydex Financial Services Inv Fund (RYFIX) Net Asset

Track net asset change of Rydex Financial Services Inv fund (RYFIX)

DateNet Asset
01/2010$16.77M
11/2009$18.97M
10/2009$21.14M
More historic net asset information on Rydex Financial Services Inv Fund (RYFIX)

  

Rydex Financial Services Inv Fund (RYFIX) Portfolio Allocation

Track portfolio allocation change of Rydex Financial Services Inv fund (RYFIX)

DateCashStockBondOther
11/20090.5%99.49%0%0%
10/20090.13%99.87%0%0%
08/20091.44%98.57%0%0%
Click here to see more historic asset allocation information on Rydex Financial Services Inv Fund (RYFIX)

  

Most Recent Top 10 Holdings in Rydex Financial Services Inv Fund (RYFIX)

Discover what Rydex Financial Services Inv Fund (RYFIX) manager is buying

30-Nov-09
JP MORGAN CHASE CO [3.63%]
BK OF AMERICA CP [3.29%]
WELLS FARGO & CO NEW [3.23%]
GOLDMAN SACHS GRP [2.53%]
AMER EXPRESS INC [2.17%]
US BANCORP [2%]
MORGAN STANLEY [1.82%]
P N C FIN SVCS GR [1.62%]
BANK OF NY MELLON CP [1.59%]
THE TRAVELERS CO [1.58%]

31-Oct-09
JP MORGAN CHASE CO [3.62%]
WELLS FARGO & CO NEW [3.22%]
BK OF AMERICA CP [3.07%]
GOLDMAN SACHS GRP [2.67%]
US BANCORP [1.95%]
MORGAN STANLEY [1.93%]
AMER EXPRESS INC [1.89%]
BANK OF NY MELLON CP [1.66%]
THE TRAVELERS CO [1.59%]
BLACKROCK INC [1.54%]

31-Aug-09
BK OF AMERICA CP [3.57%]
JP MORGAN CHASE CO [3.42%]
HSBC HLDGS PLC ADS [2.95%]
WELLS FARGO & CO NEW [2.86%]
GOLDMAN SACHS GRP [2.2%]
BARCLAYS PLC ADR [2.09%]
UBS AG (NEW) [2.05%]
CREDIT SUISSE GROUP [1.89%]
US BANCORP [1.76%]
AMER EXPRESS INC [1.64%]
Click here for Stock Holding Change Map in Rydex Financial Services Inv Fund (RYFIX)

  

Related books and products to Rydex Financial Services Inv Fund (RYFIX)

  

Latest News on Rydex Financial Services Inv (RYFIX)

See what is happening with Rydex Financial Services Inv Fund (RYFIX)

 

Books and Resources

 

 

See more information on Rydex Financial Services Inv Fund (RYFIX)