Rydex Leisure Inv

Frequently Asked Questions About RYLIX

What does RYLIX invest in?

Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Leisure Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Leisure Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Leisure Companies and U.S. government securities.

What is the expense ratio of RYLIX?

Rydex Leisure Inv (RYLIX) charges an expense ratio of 1.40%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RYLIX?

Rydex Leisure Inv (RYLIX) manages $13.4M 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 RYLIX actively managed or an index fund?

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

When was RYLIX launched?

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

How has RYLIX performed?

RYLIX'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.