Rydex Internet Inv (RYIIX) NASDAQ
Currency In USD
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Currency In USD
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 06, 2000
Under typical conditions, this fund allocates at least 80% of its net assets to equity holdings of Internet companies primarily traded within the United States. It also strategically utilizes derivatives, principally futures contracts and options, which may be based on individual securities, other futures contracts, or stock market indices. A significant portion of its portfolio may be directed towards Internet firms with small to mid-sized market capitalizations. Furthermore, the fund has the flexibility to acquire American Depositary Receipts (ADRs) for exposure to foreign Internet businesses and may also invest in U.S. government debt.