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Rydex Telecommunications Adv (RYMAX)

On Feb 9: 11.83 USD  Up 0.14 (1.20%)  
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Profile  As of 31-Dec-07 Get Profile for:
Rydex Telecommunications Adv
9601 Blackwell Road Suite 500 Rockville MD 20850
Phone: 800-820-0888
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FUND OVERVIEW
Category: Specialty-Communications
Fund Family: Rydex
Net Assets: 2.31M
Year-to-Date Return: 8.86%
Yield: 0.11%
Morningstar Rating: 2 stars
Fund Inception Date: 01-Apr-98
MORNINGSTAR STYLE BOX
Specialty-Communications
[View Category Definition]
View Top Specialty-Communications Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION
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.
INVESTMENT INFORMATION
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
RYMAX can be purchased from 51 brokerages.
FUND SUMMARY
The investment seeks capital appreciation. The fund primarily invests in equity securities of telecommunications companies that are traded in the United States, as well as in futures and options contracts. Telecommunications companies range from traditional local and long-distance telephone services, to companies involved in developing technologies such as cellular telephone or paging services, internet equipment and service providers, and fiber optics. It is nondiversified.
FUND OPERATIONS
Last Dividend (28-Nov-07): 0.02
Last Cap Gain (16-Nov-01): 0.08
Annual Holdings Turnover 430.00%
Average for Category: 161.21%
FEES & EXPENSES
Expense RYMAX Category
Avg
Total Expense Ratio: 1.83% 1.57%
Max 12b1 Fee: 0.25% N/A
Max Front End Sales Load: 0.00% 5.11%
Max Deferred Sales Load: 0.00% 2.50%
3 Yr Expense Projection*: $594 $699
5 Yr Expense Projection*: $1,022 $1,079
10 Yr Expense Projection*: $2,211 $2,112
* Per $10,000 invested


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