Mutual Fund Insights: Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX)

In-depth Analysis of Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX)

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See Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) performance details as of February 28, 2010

  

Last Trade: $15.65 on 3/19/2010, Change: +0.20 (1.29%)

  

Fund Manager - Michael P. Byrum

Fund Manager Tenure: 3.6 years   [Similar Funds: RYSBX  RYSDX  RYWJX ]
Fundmojo Fund Grade: D (Score: 0.48)     (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 Strengthening Dollar 2x Strategy C Fund (RYSJX)

Data for Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) as of February 28, 2010

• Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) management has been with Rydex Strengthening Dollar 2x Strategy C Fund for 3.6 years
• Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) has good mid-term performance (3-year return -6.50% vs -0.01 % Currency category average)

  

 What we are cautious about Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX)

Data for Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) as of February 28, 2010

• Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) has a less-than-ideal short-term performance (1-year return -24.13% vs 0.06 % Currency category average)
• Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) ratio of up-years vs down years can be improved
• Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) is less safe compared to its Currency peers
• Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) does not have a good risk adjusted return as its 3-year Alpha of -7.94 is worse than category average of -1.88, and its 3-year Sharpe ratio is -0.31
• Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) is more volatile than its peers as it has a 3-year Standard Deviation of 20.9 that is higher than category average of 15.11
• Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) has a higher management fee of 2.44% than its Currency average of 1.67%
• Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) carries a 1% load

See Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) performance details as of February 28, 2010

  

  

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Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) Net Asset

Track net asset change of Rydex Strengthening Dollar 2x Strategy C fund (RYSJX)

Date	Net Asset
02/2010	$107.89M
01/2010	$10.51M
11/2009	$5.64M

More historic net asset information on Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX)

  

Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) Portfolio Allocation

Track portfolio allocation change of Rydex Strengthening Dollar 2x Strategy C fund (RYSJX)

Date	Cash	Stock	Bond	Other
01/2010	100%	0%	0%	0%
11/2009	100%	0%	0%	0%
10/2009	100%	0%	0%	0%

Click here to see more historic asset allocation information on Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX)

  

Most Recent Top 10 Holdings in Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX)

Discover what Rydex Strengthening Dollar 2x Strategy C Fund (RYSJX) manager is buying

31-Jan-10 Price/Earnings [18.09%] N/A [0%] 1.53 [0%] Median Market Cap [18.73%]

30-Nov-09 Dxy Swap [0.11%] Dxy Swap [0.04%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%] N/A [0%]

31-Oct-09 Dxy Swap [0.11%] Dxy Swap [0.04%] N/A [0%] 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 Strengthening Dollar 2x Strategy C Fund (RYSJX)

  

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