- What does RYBIX invest in?
- The fund's primary objective is to achieve capital growth for its investors. It allocates a substantial portion—a minimum of 80% of its net assets—to equity holdings of Basic Materials Companies traded within the United States, as well as to derivative instruments. The portfolio also has the flexibility to make considerable investments in basic materials firms with small to mid-sized market capitalizations. Businesses classified as Basic Materials Companies are those actively involved in the creation, extraction, processing, or distribution of fundamental raw materials and intermediate goods essential for the industrial sector. This broad category encompasses entities engaged in the production and transport of items such as metals, textiles, and wood products.
- What is the expense ratio of RYBIX?
- Rydex Basic Materials Fund Class Investor (RYBIX) charges an expense ratio of 1.40%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RYBIX?
- Rydex Basic Materials Fund Class Investor (RYBIX) is one share class of a fund that manages $27.6M across all of its share classes (RYBAX, RYBCX, RYBMX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is RYBIX actively managed or an index fund?
- RYBIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RYBIX's is 1.40%) in exchange for the discretion to over- or under-weight positions.
- When was RYBIX launched?
- Rydex Basic Materials Fund Class Investor (RYBIX) launched in March 1998 and is managed by the fund issuer.
- How has RYBIX performed?
- RYBIX'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.
