Rydex Telecommunications Inv (RYMIX) NASDAQ
92.45
+0.79(+0.86%)
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
92.45
+0.79(+0.86%)
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
March 31, 1998
The fund invests substantially all (at least 80%) of its net assets in equity securities of Telecommunications 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 Telecommunications Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Telecommunications Companies and U.S. government securities. It is non-diversified.