2 / 5 Stars
1 2 1 4 5
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
1 / 5 Stars
U.S. News evaluated 45 Trading-Leveraged 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 29.35 percent over the past year, 2.04 percent over the past three years, and 21.28 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||-12.0%|
|3 Years (Annualized)||2.0%|
|5 Years (Annualized)||21.3%|
|10 Years (Annualized)||N/A|
The investment seeks to provide investment results that correlate, before fees and expenses, to the performance of 200% of the fair value of the Nikkei 225 Stock Average. 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. It will invest at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies in the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index. The fund is non-diversified.
Fees are High compared to funds in the same category.
Rydex Japan 2x Strategy Fund has an expense ratio of 2.25 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.