Rydex Precious Metals Inv (RYPMX) NASDAQ

244.68

-1.27(-0.52%)

Updated at October 03 08:09AM

Currency In USD

Rydex Precious Metals Inv

Address

Rockville, MD 20850

Rockville, MD 20850

United States of America

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

November 30, 1993

Key Executives

N/A

Description

Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Precious Metals 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 Precious Metals Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Precious Metals Companies and U.S. government securities. It is non-diversified.