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Rydex Basic Materials Fund Class Investor (RYBIX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
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58.70-1.88 (-3.10%)
At close: 8:01PM EDT

Rydex Basic Materials Fund Class Investor

Rydex Series Funds

9601 Blackwell Road,Suite 500

Rockville, MD 20850

800-820-0888
Management information
Ryan A. Harder,Lead manager since 13 March 2008
Ryan A. Harder, CFA, Portfolio Manager of Security Investors. Mr. Harder joined the Investment Manager in 2010.He also joined Rydex Investments in 2004 as an assistant portfolio manager, was promoted to portfolio manager in 2005 and has served in his current capacity since 2008. Prior to joining Rydex Investments, he served in various capacities with WestLB Asset Management, including as an assistant portfolio manager, and worked in risk management at CIBC World Markets.He holds a B.A. in Economics from Brock University in Ontario, Canada and a Master of Science in International Securities, Investment and Banking from the ICMA Centre at the University of Reading in the U.K. Harder holds the Chartered Financial Analyst designation.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryNatural Resources
Fund familyRydex Funds
Net assets23.57M
YTD return-8.89%
Yield1.60%
Morningstar rating★★★★
Inception date31 Mar 1998

Fund operations

Last dividend0.91
Last cap gain0.00
Holdings turnover67.00%
Average for categoryN/A

Fees and expenses

ExpenseRYBIXCategory average
Annual report expense ratio (net)1.47%1.36%
Prospectus net expense ratio1.47%N/A
Prospectus gross expense ratio1.47%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A5.14%
Max deferred sales loadN/A1.47%
3-yr expense projection465N/A
5-yr expense projection803N/A
10-yr expense projection1,757N/A