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Zacks Investment Research
Standard & Poor's
U.S. News evaluated 29 Bear Market Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -23.74 percent over the past year, -17.18 percent over the past three years, -26.07 percent over the past five years, and -12.29 percent over the past decade.
|Trailing Returns||Updated 02.28.2014|
|Year to date||-3.2%|
|3 Years (Annualized)||-17.2%|
|5 Years (Annualized)||-26.1%|
|10 Years (Annualized)||-12.3%|
The investment seeks to provide investment results that match, before fees and expenses, the inverse (opposite) of the performance of the S&P MidCap 400® Index on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities included in the underlying index and investing to a significant extent in derivative instruments. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in financial instruments with economic characteristics that should perform opposite to the securities of companies included in the underlying index. The fund is non-diversified.
Fees are Low compared to funds in the same category.
Rydex Inverse Mid Cap Strategy Fund has an expense ratio of 1.64 percent.
Risk is N/A compared to funds in the same category according to Morningstar.