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Zacks Investment Research
Standard & Poor's
U.S. News evaluated 2 Trading-Inverse Equity 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 -31.25 percent over the past year, and -9.85 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||-12.6%|
|3 Years (Annualized)||-9.9%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to provide investment results that correlate, before fees and expenses, to 200% of the inverse (opposite) of the performance of the BNY Mellon Emerging Markets 50 ADR Index on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities generally included in the underlying index and investing in leveraged derivatives instruments. It invests 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 High compared to funds in the same category.
Rydex|SGI Series Funds Trust Inverse Emerging Markets 2x Strategy Fund has an expense ratio of 1.75 percent.
Risk is N/A compared to funds in the same category according to Morningstar.