- What does RYLCX invest in?
- This fund's primary goal is to achieve capital appreciation. Under ordinary circumstances, it commits at least 80% of its total assets to equity holdings of U.S.-listed companies within the leisure sector. Additionally, it leverages derivative instruments, predominantly futures contracts and options that track individual securities, other futures, and broad stock market indices. A significant portion of its investments may also target leisure businesses with small to medium market capitalizations. For exposure to international leisure companies, the fund has the option to acquire American Depositary Receipts (ADRs), and it may also hold U.S. government debt.
- What is the expense ratio of RYLCX?
- Rydex Leisure Fund Class C (RYLCX) charges an expense ratio of 2.40%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RYLCX?
- Rydex Leisure Fund Class C (RYLCX) is one share class of a fund that manages $13.5M across all of its share classes (RYLIX reports 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 RYLCX actively managed or an index fund?
- RYLCX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RYLCX's is 2.40%) in exchange for the discretion to over- or under-weight positions.
- When was RYLCX launched?
- Rydex Leisure Fund Class C (RYLCX) launched in May 2001 and is managed by the fund issuer.
- How has RYLCX performed?
- RYLCX'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.
