Rydex NASDAQ-100 Fund Class H (RYHOX) NASDAQ
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
Rydex NASDAQ-100 Fund Class H
Address
702 King Farm Boulevard
Rockville, MD 20850
United States of America (the)
Phone
301-296-5100
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
September 18, 2014
Key Executives
N/ADescription
This fund aims to generate investment returns that closely mirror the daily performance of the NASDAQ-100 Index, before factoring in any associated fees or expenses. Its primary investment approach involves allocating capital to the common stocks of companies whose market capitalization typically falls within the range of the underlying index, complemented by the use of derivative instruments. A significant portion—at least 80%—of its net assets, including any funds borrowed for investment purposes, will be dedicated to securities found within the benchmark index, or to derivatives and other financial tools specifically engineered to track its performance. It should be noted that this fund operates with a non-diversified portfolio.