Rydex Telecommunications Inv (RYMIX) NASDAQ

92.45

+0.79(+0.86%)

Updated at June 02 08:10AM

Currency In USD

Rydex Telecommunications 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

March 31, 1998

Key Executives

N/A

Description

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.