1 / 5 Stars
2 2 1 5 3
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
2 / 5 Stars
#22 in Europe Stock
U.S. News evaluated 27 Europe Stock 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 20.56 percent over the past year, 5.47 percent over the past three years, -9.01 percent over the past five years, and 3.87 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||5.8%|
|3 Years (Annualized)||5.5%|
|5 Years (Annualized)||-9.0%|
|10 Years (Annualized)||3.9%|
The investment seeks to provide investment results that correlate, before fees and expenses, to the performance of 125% of the fair value of the STOXX 50® Index. 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 derivative instruments, which primarily consist of equity index swaps, futures contracts, and options on securities, futures contracts, and stock indices. It also may invest in American Depositary Receipts ("ADRs") to gain exposure to the underlying index. The fund is non-diversified.
Fees are Above Average compared to funds in the same category.
Rydex Europe 1.25x Strategy Fund has an expense ratio of 1.67 percent.
Risk is High compared to funds in the same category according to Morningstar.