RYTPX

About RYTPX

The Rydex Inverse S&P 500 2x Strategy Fund - H Class is an actively managed mutual fund designed to deliver twice the inverse (-2x) of the daily performance of the S&P 500 Index, before fees and expenses. Its primary function is to serve as a tactical tool for investors seeking to profit from or hedge against short-term declines in the U.S. large-cap equity market. The fund accomplishes its objective by engaging in short sales of S&P 500 constituent securities and using derivatives, such as futures and swaps, to amplify the inverse exposure. This fund is categorized as a trading/inverse equity fund and is not intended for long-term, buy-and-hold strategies due to the effects of compounding and potential divergence from the anticipated -2x return over periods longer than a single day. With an expense ratio around 1.76% and a minimum investment of $2,500, it primarily attracts sophisticated investors, active traders, and institutions requiring targeted negative exposure to the S&P 500 index. The Rydex Inverse S&P 500 2x Strategy Fund plays a distinctive role in the market by providing leveraged inverse access to a major benchmark index, supporting hedging and speculative strategies in highly volatile or downward-trending equity environments.