Mutual Fund Insights: Rydex Retailing Adv Fund (RYRAX)

In-depth Analysis of Rydex Retailing Adv Fund (RYRAX)

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See Rydex Retailing Adv Fund (RYRAX) performance details as of January 31, 2010

  

Last Trade: $12.00 on 3/18/2010, Change: +0.01 (0.08%)

  

Fund Manager - Michael P. Byrum

Fund Manager Tenure: 12.0 years   [Similar Funds: RYRCX  RYRIX  RYRTX  RYLAX ]
Fundmojo Fund Grade: C (Score: 0.53)     (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 Retailing Adv Fund (RYRAX)

Data for Rydex Retailing Adv Fund (RYRAX) as of January 31, 2010

• Rydex Retailing Adv Fund (RYRAX) management has been with Rydex Retailing Adv Fund for 12.0 years
• Rydex Retailing Adv Fund (RYRAX) has good mid-term performance (3-year return -8.88% vs -10.35% Consumer Discretionary category average)
• Rydex Retailing Adv Fund (RYRAX) has good Long-term performance (5-year return -1.81% vs -2.50% Consumer Discretionary category average)
• Rydex Retailing Adv Fund (RYRAX) is less volatile than its peers as it has a 3-year Standard Deviation of 22.68, lower than category average of 25.15

  

 What we are cautious about Rydex Retailing Adv Fund (RYRAX)

Data for Rydex Retailing Adv Fund (RYRAX) as of January 31, 2010

• Rydex Retailing Adv Fund is a focused fund with 36.49% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Rydex Retailing Adv Fund (RYRAX) has a less-than-ideal short-term performance (1-year return 45.59% vs 47.88% Consumer Discretionary category average)
• Rydex Retailing Adv Fund (RYRAX) ratio of up-years vs down years can be improved
• Rydex Retailing Adv Fund (RYRAX) has a Morningstar rating of 3 and below
• Rydex Retailing Adv Fund (RYRAX) is less safe compared to its Consumer Discretionary peers
• Rydex Retailing Adv Fund (RYRAX) does not have a good risk adjusted return as its 3-year Alpha of -1.68 is worse than category average of -1.18, and its 3-year Sharpe ratio is -0.38
• Rydex Retailing Adv Fund (RYRAX) has a higher management fee of 1.88% than its Consumer Discretionary average of 1.60%
• Even though Rydex Retailing Adv Fund carries no load, it does have a 0.25% of 12b1 promotion, distributions, marketing expenses

See Rydex Retailing Adv Fund (RYRAX) performance details as of January 31, 2010

  

  

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Rydex Retailing Adv Fund (RYRAX) Net Asset

Track net asset change of Rydex Retailing Adv fund (RYRAX)

Date	Net Asset
01/2010	$1.06M
11/2009	$2.28M
10/2009	$3.21M

More historic net asset information on Rydex Retailing Adv Fund (RYRAX)

  

Rydex Retailing Adv Fund (RYRAX) Portfolio Allocation

Track portfolio allocation change of Rydex Retailing Adv fund (RYRAX)

Date	Cash	Stock	Bond	Other
11/2009	0.23%	99.77%	0%	0%
10/2009	0.72%	99.28%	0%	0%
07/2009	0.31%	99.7%	0%	0%

Click here to see more historic asset allocation information on Rydex Retailing Adv Fund (RYRAX)

  

Most Recent Top 10 Holdings in Rydex Retailing Adv Fund (RYRAX)

Discover what Rydex Retailing Adv Fund (RYRAX) manager is buying

30-Nov-09 WAL MART STORES [8.56%] Amazon.com, Inc. [5.28%] HOME DEPOT INC [3.91%] WALGREEN CO [3.51%] CVS CAREMARK CP [3.48%] TARGET CP [3.27%] LOWES COMPANIES [3.27%] Costco Wholesale Corporation [2.96%] BEST BUY CO INC [2.49%] Staples, Inc. [2.35%]

31-Oct-09 WAL MART STORES [8.05%] Amazon.com, Inc. [4.77%] CVS CAREMARK CP [4.09%] HOME DEPOT INC [3.71%] WALGREEN CO [3.53%] TARGET CP [3.52%] LOWES COMPANIES [3.03%] Costco Wholesale Corporation [2.9%] KOHLS CP [2.42%] T J X COS INC [2.31%]

31-Jul-09 WAL MART STORES [9.01%] CVS CAREMARK CP [4.5%] HOME DEPOT INC [4.35%] TARGET CP [3.83%] LOWES COMPANIES [3.83%] Amazon.com, Inc. [3.82%] WALGREEN CO [3.61%] Costco Wholesale Corporation [3%] BEST BUY CO INC [2.54%] T J X COS INC [2.5%]

Click here for Stock Holding Change Map in Rydex Retailing Adv Fund (RYRAX)

  

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See more information on Rydex Retailing Adv Fund (RYRAX)

• Rydex Retailing Adv Fund Insights
• Rydex Retailing Adv Fund Performance Data
• Rydex Retailing Adv Fund News
• Rydex Retailing Adv Fund Score Explaination
• Rydex Retailing Adv Fund Manager Information
• Historic Rydex Retailing Adv Fund Asset Allocation Report
• Historic Rydex Retailing Adv Fund Top 10 Holding Tracking
• Historic Rydex Retailing Adv Fund Asset Under Management Tracking