2 1 1 3 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 6 Trading-Inverse Debt 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 -9.27 percent over the past year, -16.26 percent over the past three years, -13.78 percent over the past five years, and -8.41 percent over the past decade.
|Trailing Returns||Updated 04.30.2013|
|Year to date||-1.8%|
|3 Years (Annualized)||-16.3%|
|5 Years (Annualized)||-13.8%|
|10 Years (Annualized)||-8.4%|
The investment seeks to provide total returns that inversely correlate, before fees and expenses, to the daily price movement of the Long Treasury Bond for U.S. Treasury debt instruments or futures contracts on a specified debt instrument on a daily basis. The fund employs as its investment strategy a program of engaging in short sales and investing to a significant extent in derivative instruments, which primarily consist of futures contracts, interest rate swaps, and options on securities and futures contracts. It may hold U.S. government securities or cash equivalents to collateralize its short sales and derivative positions. The fund is non-diversified.
Fees are Above Average compared to funds in the same category.
Rydex Inverse Government Long Bond Strategy Fund has an expense ratio of 1.65 percent.
Risk is N/A compared to funds in the same category according to Morningstar.