2 / 5 Stars
4 4 1 3 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
U.S. News evaluated 3 Trading-Leveraged 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 -5.33 percent over the past year, 11.08 percent over the past three years, 3.52 percent over the past five years, and 5.34 percent over the past decade.
|Trailing Returns||Updated 03.31.2014|
|Year to date||9.7%|
|3 Years (Annualized)||11.1%|
|5 Years (Annualized)||3.5%|
|10 Years (Annualized)||5.3%|
The investment seeks to provide investment results that correspond, before fees and expenses, to 120% of the daily price movement of the Long Treasury Bond for U.S. government securities on a daily basis. The fund employs as its investment strategy a program of investing in U.S. government securities and derivative instruments, which primarily consist of futures contracts, interest rate swaps, and options on securities and futures contracts. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in fixed income securities issued by the U.S. government (and derivatives thereof). The fund is non-diversified.
Fees are High compared to funds in the same category.
Rydex Government Long Bond 1.2x Strategy Fund has an expense ratio of 1.94 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.