Rydex Financial Services Inv (RYFIX) NASDAQ

102.89

-0.23(-0.22%)

Updated at June 02 04:00PM

Currency In USD

Rydex Financial Services 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 02, 1998

Key Executives

N/A

Description

The fund invests substantially all (at least 80%) of its net assets in equity securities of Financial Services 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 may invest to a significant extent in the securities of Financial Services Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Financial Services Companies and U.S. government securities.