- What does RYBMX invest in?
- This fund's primary objective is to achieve long-term growth in its capital value. It accomplishes this by allocating at least 80% of its total assets to common stocks of U.S.-traded companies within the basic materials industry, along with various derivative instruments. The portfolio may also invest a substantial portion in basic materials firms with small to medium market capitalizations. For the purposes of this fund, Basic Materials Companies are defined as those involved in the production, extraction, refinement, or distribution of foundational raw materials and intermediate goods used by the industrial sector, which can include the manufacturing and transport of commodities such as metals, textiles, and wood products.
- What is the expense ratio of RYBMX?
- Rydex Basic Materials Fund Class A (RYBMX) charges an expense ratio of 1.65%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RYBMX?
- Rydex Basic Materials Fund Class A (RYBMX) 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 RYBMX actively managed or an index fund?
- RYBMX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was RYBMX launched?
- Rydex Basic Materials Fund Class A (RYBMX) launched in August 2004 and is managed by the fund issuer.
- How has RYBMX performed?
- RYBMX'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.
