Rydex Weakening Dollar 2x Strategy Fund Class A
RYWDX
NASDAQ
Rating
Reward
Risk
Fund Information
Fund Type
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Open/Closed to New Investors
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Cash
Stock
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Non U.S. Stock
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Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
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Company Information
Provider
Rydex Funds
Manager/Tenure
(Years)
(Years)
Michael P. Byrum (19), Brendan Cain (2), Spencer Crane (2), 1 other
Address
Rydex Funds
Rockville MD - 20850
Rockville MD - 20850
Country
United States
Phone Number
800-820-0888
Investment Strategy
The investment seeks to provide investment results that match, before fees and expenses, 200% of the inverse (opposite) of the performance of the U.S. Dollar Index® on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities generally included in the underlying index and investing in derivative instruments. The U.S. Dollar Index® measures the performance of the U.S. dollar against a basket of foreign currencies that include the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. The fund is non-diversified.
