Rydex Strengthening Dollar 2x Strategy Fund Class C is a currency-focused mutual fund designed to deliver leveraged exposure to the U.S. dollar. Its primary objective is to provide investment results that correspond to 200% of the daily performance of the U.S. Dollar Index®, before fees and expenses. The fund achieves this by employing a passive management approach and primarily utilizes derivatives—including swaps, futures contracts, and options—to gain exposure to the value of the U.S. dollar relative to a basket of major foreign currencies. This basket includes the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. The fund is non-diversified and targets investors seeking a tactical tool to express views on U.S. dollar strength or hedge currency exposure. Its structure and leveraged objective make it suitable for short-term trading strategies or specific hedging purposes within a broader portfolio, typically appealing to institutional investors, traders, or those with advanced knowledge of currency markets and derivative instruments.
See your Portfolio Score and get data driven insights in ~60 seconds.
Opens in PortfolioPilot
Based on technical indicators and chart patterns, RYSJX shows...
Market sentiment analysis indicates...