About RYIMX
Guggenheim Multi-Hedge Strategies Fund Institutional Class is an alternative mutual fund designed to provide long-term capital appreciation with lower risk relative to traditional equity funds. The fund employs a multi-strategy approach, allocating assets across a diverse mix of investment styles and mandates commonly utilized by hedge funds. Its portfolio encompasses public equities, fixed income, commodities, currencies, and investments in other funds, including exchange-traded funds, aiming for broad asset class and geographic diversification. Notably, the fund targets a risk-return profile that strives to reduce market volatility impact while seeking consistent performance over different market cycles. The fund is benchmarked to the HFRX Global Hedge Fund Index, emphasizing its alignment with the global hedge fund universe. Managed by experienced professionals, the fund’s active strategies are reflected in its higher turnover and the pursuit of alternative return sources beyond traditional stocks and bonds. Annual distributions, including dividends and capital gains, are made in accordance with its investment results. Guggenheim Multi-Hedge Strategies Fund Institutional Class plays a distinctive role within portfolios by offering exposure to sophisticated hedge fund-like strategies through a regulated mutual fund structure, catering to investors seeking diversified alternatives to mainline market assets.
Fund Family Guggenheim Investments
Category Multistrategy
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol RYIMX
Share Class Institutional Class
Index S&P 500 TR
RYIMX had a total return of 10.78% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.64%.
