Mutual Fund Insights: Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX)

In-depth Analysis of Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX)

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See Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) performance details as of January 31, 2010

  

Last Trade: $11.61 on 3/12/2010, Change: +0.02 (0.17%)

  

Fund Manager - Michael P. Byrum

Fund Manager Tenure: 3.8 years   [Similar Funds: RYIRX  RYIUX ]
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 Inverse Russell 2000 2x Strategy C Fund (RYIZX)

Data for Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) as of January 31, 2010

• Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) management has been with Rydex Inverse Russell 2000 2x Strategy C Fund for 3.8 years
• Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) has an annual stock turnover rate of 174.00% vs Bear Market average of 519.23%. It is good that Rydex Inverse Russell 2000 2x Strategy C management does not trade extensively for its return.

  

 What we are cautious about Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX)

Data for Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) as of January 31, 2010

• Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) has a less-than-ideal short-term performance (1-year return -63.39% vs -37.50% Bear Market category average)
• Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) has a less-than-ideal mid-term performance (3-year return -17.61% vs -8.30% Bear Market category average)
• Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) ratio of up-years vs down years can be improved
• Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) is less safe compared to its Bear Market peers
• Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) does not have a good risk adjusted return as its 3-year Alpha of -34.85 is worse than category average of -18.3, and its 3-year Sharpe ratio is -0.22
• Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) is more volatile than its peers as it has a 3-year Standard Deviation of 46.93 that is higher than category average of 30.28
• Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) has a higher management fee of 3.08% than its Bear Market average of 2.01%
• Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) carries a 1% load

See Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) performance details as of January 31, 2010

  

  

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Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) Net Asset

Track net asset change of Rydex Inverse Russell 2000 2x Strategy C fund (RYIZX)

Date	Net Asset
01/2010	$2.52M
11/2009	$6.26M
10/2009	$7.45M

More historic net asset information on Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX)

  

Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) Portfolio Allocation

Track portfolio allocation change of Rydex Inverse Russell 2000 2x Strategy C fund (RYIZX)

Date	Cash	Stock	Bond	Other
11/2009	95.92%	4.08%	0%	0%
10/2009	88.46%	11.53%	0%	0%
08/2009	97.85%	2.15%	0%	0%

Click here to see more historic asset allocation information on Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX)

  

Most Recent Top 10 Holdings in Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX)

Discover what Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX) manager is buying

30-Nov-09 Goldman Swap [1.76%] Credit Suisse Swap [0.47%] Russell 2000 Mini Dec 09 [0.04%] Credit Suisse Swap [0.03%] Human Genome Sciences, Inc. [0.01%] TUPPERWARE BRANDS CP [0.01%] 3Com Corporation [0.01%] DOMTAR CORP NEW [0.01%] SOLERA HOLDINGS INC [0.01%] J CREW GROUP INC. [0.01%]

31-Oct-09 Credit Suisse Swap [6.39%] Goldman Swap [3.35%] Russell 2000 Mini Dec 09 [0.31%] Credit Suisse Swap [0.21%] Goldman Swap [0.13%] TUPPERWARE BRANDS CP [0.01%] Perot Systems Corporation [0.01%] Human Genome Sciences, Inc. [0.01%] J CREW GROUP INC. [0.01%] SOLERA HOLDINGS INC [0.01%]

31-Aug-09 Credit Suisse Swap [2.09%] Russell 2000 Mini Sep 09 [0.54%] Goldman Swap [0.07%] N/A [0%] Russell 2000 Mini (Fut) [0.07%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

Click here for Stock Holding Change Map in Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX)

  

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See more information on Rydex Inverse Russell 2000 2x Strategy C Fund (RYIZX)

• Rydex Inverse Russell 2000 2x Strategy C Fund Insights
• Rydex Inverse Russell 2000 2x Strategy C Fund Performance Data
• Rydex Inverse Russell 2000 2x Strategy C Fund News
• Rydex Inverse Russell 2000 2x Strategy C Fund Score Explaination
• Rydex Inverse Russell 2000 2x Strategy C Fund Manager Information
• Historic Rydex Inverse Russell 2000 2x Strategy C Fund Asset Allocation Report
• Historic Rydex Inverse Russell 2000 2x Strategy C Fund Top 10 Holding Tracking
• Historic Rydex Inverse Russell 2000 2x Strategy C Fund Asset Under Management Tracking