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Arphra AIPlain-English read on Rydex Dow 2x Strategy Fund Class H’s valuationBusiness description
· company · SEC profileRydex Dow 2x Strategy Fund Class H
This fund endeavors to deliver daily investment results that are double the performance of the Dow Jones Industrial Average®, before deducting any fees and expenses. Its strategy involves acquiring common stock of companies that typically fall within the market capitalization range of the underlying index, alongside employing derivative financial instruments. A substantial portion, specifically at least 80% of its net assets (plus any borrowed funds for investment purposes), will be allocated to financial tools designed to mirror the economic behavior of securities within the benchmark index. This fund is categorized as non-diversified.
Founded
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IPO
Feb 20, 2004
Employees
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HQ
Rockville, MD
CEO
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CFO
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Exchange
NASDAQ
Fiscal year
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Identifiers
· company_identifiersCIK0001092720
CUSIP78355Y201
ISINUS78355Y2019
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LEI—