About RYIAX
Rydex Internet Fund H Class is a mutual fund that primarily seeks capital appreciation by investing in companies whose products or services are designed for, or closely related to, the Internet. The fund targets businesses engaged in various aspects of the online economy, including those that provide information or entertainment services over the Internet, sell or distribute goods and services online, deliver infrastructure and support systems, or offer Internet access to consumers and businesses. This broad approach encompasses firms involved in research, design, development, manufacturing, and distribution for Internet-related industries. Managed by a team and advised by Security Investors, LLC, the fund typically allocates at least 80% of its net assets to equity securities of U.S.-traded Internet companies. It may also utilize futures, options, ADRs, and repurchase agreements as part of its strategy. As a sector-focused fund, it aims to capture growth opportunities arising from the ongoing expansion and innovation within the digital economy, and is notable for its exposure to the fast-evolving technology and communications landscape.
Fund Family Rydex Funds
Category Technology
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RYIAX
Share Class Class H
Index S&P 500 TR
RYIAX had a total return of 9.45% in the past year, including dividends.
Since the fund's inception, the average annual return has been 6.11%.
