Rydex Technology Inv (RYTIX) NASDAQ

262.54

+0.39(+0.15%)

Updated at December 24 04:00PM

Currency In USD

Rydex Technology Inv

Address

Rockville, MD 20850

Rockville, MD 20850

United States of America

Phone

800-820-0888

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

April 14, 1998

Key Executives

N/A

Description

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