Rydex Energy Inv (RYEIX) NASDAQ

353.85

+6.47(+1.86%)

Updated at June 02 04:00PM

Currency In USD

Rydex Energy Inv

Address

Rockville, MD 20850

Rockville, MD 20850

United States of America (the)

Phone

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

April 21, 1998

Key Executives

N/A

Description

Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Energy Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It will invest to a significant extent in the securities of Energy Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Energy Companies and U.S. government securities.