Rydex Banking A
9601 Blackwell Road Suite 500 Rockville MD 20850
Phone: 800-820-0888
| Category: |
Specialty-Financial |
| Fund Family: |
Rydex |
| Net Assets: |
550.00K |
| Year-to-Date Return: |
-27.57% |
| Yield: |
1.24% |
| Morningstar Rating: |
 |
| Fund Inception Date: |
01-Sep-04 |
|
Michael P. Byrum
Lead Manager since
01-Apr-98 |
|
| Byrum has been associated with Rydex Investments since it was founded in 1993. He was named the chief operating officer of Rydex Investments in 2003 and has served as chief investment officer of Rydex Investments since 2000. Ryrum holds the Charted Financial Analyst designation. |
| Min Initial Investment: |
$2,500 |
| Min Initial Investment, IRA: |
$1,000 |
| Min Initial Investment, AIP: |
$0 |
| Min Subsequent Investment: |
$0 |
| Min Subsequent Investment, IRA: |
$0 |
| Min Subsequent Investment, AIP: |
$0 |
|
|
|
| The investment seeks capital appreciation. The fund invests substantially all of assets in equity securities of banking companies that are traded in the United States. The fund may also engage in futures and options transactions, enter into swap agreements, and purchase ADRs and U.S. Government securities. Under SEC regulations, the fund may not invest more than 5% of total assets in the equity securities of any company that derives more than 15% of its revenues from brokerage or investment management activities. It is nondiversified. |
| Last Dividend
(28-Nov-07):
|
0.10 |
| Last Cap Gain
|
N/A |
| Annual Holdings Turnover
|
954.00% |
| Average for Category:
|
133.75% |
|
| Expense |
RYBKX |
Category
Avg |
| Total Expense Ratio: |
1.62%
|
1.66% |
| Max 12b1 Fee: |
0.25%
|
N/A |
| Max Front End Sales Load: |
4.75%
|
5.20% |
| Max Deferred Sales Load: |
0.00%
|
2.71% |
| 3 Yr Expense Projection*: |
$962 |
$732 |
| 5 Yr Expense Projection*: |
$1,314 |
$1,100 |
| 10 Yr Expense Projection*: |
$2,306 |
$2,143 |
|
|
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