Rydex Absolute Return Strategies A
9601 Blackwell Road Suite 500 Rockville MD 20850
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Phone: 800-820-0888
| Category: | Long-Short | | Fund Family: | Rydex | | Net Assets: | 62.22M | | Year-to-Date Return: | -1.92% | | Yield: | 3.09% | | Morningstar Rating: | N/A | | Fund Inception Date: | 19-Sep-05 |
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Michael P. Byrum
Lead Manager since
01-Aug-06 | | | Byrum has been associated with Rydex Investments since it was founded in 1993. He was named the chief operating officer of Rydex Investments in 2003 and has served as chief investment officer of Rydex Investments since 2000. Ryrum holds the Charted Financial Analyst designation. |
| Min Initial Investment: | $2,500 | | Min Initial Investment, IRA: | $1,000 | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $0 |
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| The investment seeks capital appreciation consistent with the return and risk characteristics of the hedge fund universe. The secondary objective is to achieve these returns with low correlation to, and less volatility than, equity indices. The fund may invest in equity securities, fixed income securities pursuing multiple investment styles or mandates that correspond to investment strategies widely employed by hedge funds, including strategies sometimes referred to as absolute return strategies. It is nondiversified. |
| Last Dividend
(27-Nov-07):
| 0.79 | | Last Cap Gain
(27-Nov-07):
| 0.09 | | Annual Holdings Turnover
| 509.00% | | Average for Category:
| 254.63% |
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| Expense | RYMQX | Category
Avg | | Total Expense Ratio: | 1.43%
| 2.19% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 4.75%
| 5.28% | | Max Deferred Sales Load: | 0.00%
| 2.06% | | 3 Yr Expense Projection*: |
$1,052 | $1,078 | | 5 Yr Expense Projection*: |
$1,467 | $1,854 | | 10 Yr Expense Projection*: |
$2,622 | $3,644 |
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0.19% Nasdaq 
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