|Net Assets||305.67 Mil|
|Morningstar Return||Above Average|
- Last NAV update 7/31/2014 4:00 PM ET
|The investment seeks to provide capital appreciation. Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Biotechnology Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It will invest to a significant extent in the securities of Biotechnology Companies that have small to mid-sized capitalizations. The fund is non-diversified.|
- Year to date performance as of 7/31/2014 12:00 AM ET
|Fund Family||Rydex Funds|
|Fund Manager||Michael Byrum|
|Minimum Initial Purchase||2,500.00|
|Minimum IRA Investment||1,000.00|
- * Annualized returns
- Performance as of 7/31/2014 12:00 AM ET
|Net Assets||305.67 Mil||711.24 Mil|
|Avg Market Cap||8.06 Bil||25.85 Bil|
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