Rydex Banking Inv

Frequently Asked Questions About RYKIX

What does RYKIX invest in?

The fund primarily allocates at least 80% of its net assets to equity holdings of U.S.-traded banking corporations. It also utilizes financial derivatives, predominantly comprising futures contracts and options tied to securities, other futures contracts, and stock market indices. A substantial portion of its investments may target shares of banking firms with small to mid-tier market capitalizations.

What is the expense ratio of RYKIX?

Rydex Banking Inv (RYKIX) charges an expense ratio of 1.39%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RYKIX?

Rydex Banking Inv (RYKIX) manages $12.8M 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 RYKIX actively managed or an index fund?

RYKIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was RYKIX launched?

Rydex Banking Inv (RYKIX) launched in March 1998 and is managed by the fund issuer.

How has RYKIX performed?

RYKIX'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.