Rydex NASDAQ-100 Fund Class H (RYHOX) NASDAQ

Currency In USD

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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/A
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Description

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.

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