Mutual Fund Insights: Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX)

In-depth Analysis of Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX)

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See Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) performance details as of January 31, 2010

  

Last Trade: $20.46 on 3/18/2010, Change: -0.02 (-0.1%)

  

Fund Manager - Michael P. Byrum

Fund Manager Tenure: 3.6 years   [Similar Funds: RYMRX  RYMSX ]
Fundmojo Fund Grade: C (Score: 0.51)     (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/SGI Multi-Hedge Strategies A Fund (RYMQX)

Data for Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) as of January 31, 2010

• Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) management has been with Rydex/SGI Multi-Hedge Strategies A Fund for 3.6 years
• Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) is less volatile than its peers as it has a 3-year Standard Deviation of 9.9, lower than category average of 10.49
• Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) has a lower management fee than its Long-Short average: 1.48% vs 2.07%

  

 What we are cautious about Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX)

Data for Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) as of January 31, 2010

• Rydex/SGI Multi-Hedge Strategies A Fund is a focused fund with 58.02% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) has a less-than-ideal short-term performance (1-year return 4.75% vs 11.69% Long-Short category average)
• Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) has a less-than-ideal mid-term performance (3-year return -5.57% vs -2.05% Long-Short category average)
• Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) ratio of up-years vs down years can be improved
• Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) has a Morningstar rating of 3 and below
• Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) is less safe compared to its Long-Short peers
• Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) carries a 4.75% load

See Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) performance details as of January 31, 2010

  

  

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Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) Net Asset

Track net asset change of Rydex/SGI Multi-Hedge Strategies A fund (RYMQX)

Date	Net Asset
01/2010	$23.02M
11/2009	$27.80M
10/2009	$27.69M

More historic net asset information on Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX)

  

Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) Portfolio Allocation

Track portfolio allocation change of Rydex/SGI Multi-Hedge Strategies A fund (RYMQX)

Date	Cash	Stock	Bond	Other
11/2009	28.92%	69.42%	0.89%	0.77%
10/2009	34.42%	64.48%	0.71%	0.38%
07/2009	58.99%	33.79%	0.2%	7.02%

Click here to see more historic asset allocation information on Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX)

  

Most Recent Top 10 Holdings in Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX)

Discover what Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX) manager is buying

30-Nov-09 Cfc Multi-Hedged [23.23%] SPDRs [9.96%] BJ SERVICES CO [2.75%] BAKER HUGHES INTL [2.39%] Sun Microsystems, Inc. [2.31%] iShares Russell 2000 Index [2.19%] MARVEL ENTERTAINMENT [2.19%] AFFILIATED COMP SVCS [2.18%] Starent Networks, Corp. [2.02%] Varian, Inc. [1.95%]

31-Oct-09 Cfc Multi-Hedged [20.45%] SPDRs [5.06%] Schering-Plough Corporation [3.15%] Sun Microsystems, Inc. [2.04%] MERCK CO INC [1.97%] BJ SERVICES CO [1.72%] iShares MSCI EAFE Index [1.59%] iShares Russell 2000 Index [1.53%] BAKER HUGHES INTL [1.49%] iShares MSCI Chile Investable Mkt Idx [1.43%]

31-Jul-09 iShares S&P GSCI Commodity-Indexed Trust [10%] PULTE HOMES, INC. [1.86%] [1.81%] FIDELITY NAT INF SVC [1.65%] Atlas America, Inc. [1.61%] METAVANTE TECH [1.59%] ATLAS ENERGY RESOURC [1.57%] SCHERING PLOUGH CP [1.52%] ALPHA NATURAL RES [1.52%] [1.49%]

Click here for Stock Holding Change Map in Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX)

  

Related books and products to Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX)

  

Latest News on Rydex/SGI Multi-Hedge Strategies A (RYMQX)

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See more information on Rydex/SGI Multi-Hedge Strategies A Fund (RYMQX)

• Rydex/SGI Multi-Hedge Strategies A Fund Insights
• Rydex/SGI Multi-Hedge Strategies A Fund Performance Data
• Rydex/SGI Multi-Hedge Strategies A Fund News
• Rydex/SGI Multi-Hedge Strategies A Fund Score Explaination
• Rydex/SGI Multi-Hedge Strategies A Fund Manager Information
• Historic Rydex/SGI Multi-Hedge Strategies A Fund Asset Allocation Report
• Historic Rydex/SGI Multi-Hedge Strategies A Fund Top 10 Holding Tracking
• Historic Rydex/SGI Multi-Hedge Strategies A Fund Asset Under Management Tracking