| No headlines available for RYJAX. |
| | | Morningstar Overall Rating: | N/A | | Total Assets: | 49.63M | | Category: | Bear Market | | Total Expense Ratio: | % |
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| PERFORMANCE & RISK | 30-Nov-09 |
| YTD Return: | 9.50% | | 5y Avg Return: | -6.23% | | Rank in Category (ytd): | 7 | | % Rank in Category (ytd): | 6.67% | | Beta (3y): | -7.40 | | Morningstar Risk Rating: | |
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| The investment seeks total return, before expenses and costs, that inversely correlates to the price movements of Long Treasury bond. The fund employs as its investment strategy a program of engaging in short sales and investing to a significant extent in derivative instruments, which primarily consist of futures contracts, interest rate swaps, and options on securities and futures contracts. It invests at least 80% of net assets in financial instruments with economic characteristics that should perform opposite to fixed-income securities issued by the U.S. government. The fund is nondiversified. | | | Fund Profile |
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