RYNHX : Rydex Nova Fund Class H

RYNHX is a Alternative Market Leveraged Equities with HIGH fees.

RYNHX

Rydex Nova Fund Class H

FI Score

38 /100

Expense Ratio Rating

3 /10

Expense Rating

0 /10

Market Score

8 /10

Category Score

0 /10

Market Size

8 /10

38% FI Score
  • rynhx
  • Mutual Fund
  • Alternative
  • Leveraged Equities

Rydex Nova Fund Class H

Expenses: 1.61% (Better than 0% of similar funds)

This is a bad choice for a Leveraged Equities Alternative fund. See why »

Fund Summary

The investment seeks to provide investment results that match, before fees and expenses, 150% of the performance of the S&P 500® Index on a daily basis. The fund employs as its investment strategy a program of investing in the common stock of companies that are generally within the capitalization range of the underlying index and leveraged derivative instruments, which primarily consist of equity index swaps and swaps on exchange-traded funds ("ETFs"), futures contracts, and options on securities, futures contracts, and stock indices. The fund is non-diversified.

Largest Holdings

Amount Holding
21.30% Guggenheim Strategy II
14.65% Guggenheim Ultra Short Duration Instl
3.22% Guggenheim Strategy III
0.02% Microsoft Corp
0.02% Apple Inc
0.01% Amazon.com Inc
0.01% E-mini S&P 500 Future June 20
0.01% Facebook Inc A
0.01% Berkshire Hathaway Inc B
0.01% Johnson & Johnson
0.01% Alphabet Inc Class C
0.01% Alphabet Inc A
0.01% JPMorgan Chase & Co
0.01% Procter & Gamble Co
0.01% Visa Inc Class A

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