RYALX

About RYALX

Rydex Inverse NASDAQ-100 Strategy Fund Class H is an actively managed mutual fund designed to deliver the inverse, or opposite, of the daily performance of the NASDAQ-100 Index before fees and expenses. This fund is categorized as a trading—inverse equity product, meaning its primary purpose is to allow investors to potentially benefit from declines in the NASDAQ-100, which is heavily weighted toward the technology sector and other growth-oriented industries. The fund generally achieves its inverse exposure through derivatives and other financial instruments, rather than directly shorting securities. Rydex Inverse NASDAQ-100 Strategy Fund Class H serves as a tactical tool for those seeking to hedge existing positions in technology or growth stocks, or for investors with a short-term outlook aiming to profit from market downturns within this specific index. The fund is managed by a team with deep expertise in alternative strategies and quantitative methods. Notably, its returns are intended to reflect the inverse of daily index movements, and compounding can cause performance to diverge from the inverse of the index over longer periods. This makes the fund best suited for active traders or short-term strategies rather than long-term holding. The fund distributes dividends and capital gains annually and is managed by Guggenheim Investments.