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Rydex Nova Adv (RYNAX)

On Feb 9: 16.59 USD  Up 0.32 (1.97%)  
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RYDEX SER TR NOVA FD ADVISOR CL Delayed quote dataEdit
Net Asset Value: 16.59
Trade Time: Feb 9
Change: Up 0.32 (1.97%)
Prev Close: 16.59
YTD Return*: 1.25%
Net Assets*: 24.59M
Yield*: 2.32%
* As of 31-Dec-07
Rydex Nova Adv (RYNAX)
3m  6m  1y  2y  5y  max 
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31-Dec-07
FUND BASICS
Morningstar Overall Rating: 3 stars
Total Assets: 24.59M
Category: Large Blend
Total Expense Ratio: 1.75%
Fund Profile - Holdings


31-Dec-07
PERFORMANCE & RISK
YTD Return: 1.25%
5y Avg Return: 15.02%
Rank in Category (ytd): 1985
% Rank in Category (ytd): 94.98%
Beta (3y): 1.53
Morningstar Risk Rating: High
Performance Details - Risk Details

FUND SUMMARY
The investment seeks a daily beta of 1.5 relative to the S&P 500 index. The fund engages in transactions in index futures contracts, options on stock index futures contracts, and options on individual securities and stock indices. It may occasionally invest in common stocks. The fund attempts to increase gains to investors during periods when the value of the index is rising, but may deliver increase losses during periods when the index's value is declining. It is a nondiversified enhanced index fund and master feeder fund.
Fund Profile


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