Rydex Dow 2x Strategy Fund (RYCYX) NASDAQ
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Address
702 King Farm Boulevard
Rockville, MD 20850
United States of America (the)
Phone
301-296-5100
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
February 20, 2004
The fund's core investment strategy involves acquiring equity shares of companies whose market capitalization typically falls within the range of its benchmark index, along with employing various derivative instruments. A substantial portion, at least 80% of its net assets (including any capital obtained through borrowing for investment purposes), will be allocated to financial instruments designed to replicate the economic performance of the securities comprising the underlying index. This fund operates with a concentrated portfolio, rather than a broadly diversified one.