- What does RYBAX invest in?
- The Rydex Basic Materials Fund Class H seeks to achieve long-term capital appreciation for its investors. The fund commits a substantial portion—at least 80%—of its net assets to common stocks of companies operating in the Basic Materials sector, specifically those listed on U.S. exchanges, and may also employ derivatives. While its primary focus is on basic materials, the fund has the flexibility to invest considerably in businesses within this sector that possess small to mid-sized market capitalizations. Basic Materials Companies are characterized by their involvement in activities such as mining, manufacturing, processing, or distributing raw ingredients and semi-finished products that are vital to the industrial sector. This encompasses a range of industries, including the production and transport of materials like metals, textiles, and wood.
- What is the expense ratio of RYBAX?
- Rydex Basic Materials Fund Class H (RYBAX) charges an expense ratio of 1.65%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RYBAX?
- Rydex Basic Materials Fund Class H (RYBAX) manages $27.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is RYBAX actively managed or an index fund?
- RYBAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was RYBAX launched?
- Rydex Basic Materials Fund Class H (RYBAX) launched in April 1998 and is managed by the fund issuer.
- How has RYBAX performed?
- RYBAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
