RYKAX – Rydex Banking H Investment Strategy | Morningstar

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Strategy

The investment seeks to provide capital appreciation by investing in companies that are involved in the banking sector, including commercial banks (and their holding companies) and savings and loan institutions ("Banking Companies"). The fund invests substantially all (at least 80%) of its net assets in equity securities of Banking Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Banking Companies that have small to mid-sized capitalizations.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
RYKAX	Rydex Banking Fund Class H	No Load	Open			Apr 1, 1998	$113,430.00	1.630%	High	$2,500	−$280,735.49
RYKIX	Rydex Banking Fund Class Investor	No Load	Open			Apr 1, 1998	$3.91M	1.420%	Above Average	$2,500	−$3.67M
RYBKX	Rydex Banking Fund Class A	Front Load	Open			Sep 1, 2004	$3.73M	1.630%	High	$2,500	−$2,820.46
RYKCX	Rydex Banking Fund Class C	Level Load	Open			Mar 30, 2001	$18,548.00	2.400%	High	$2,500	−$139,101.97

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