Rydex Funds

The Rydex family of mutual funds offers some interesting mutual funds for investors. Generally I shy away from trading, but if you’ve got mad trading skillz the Rydex funds can leverage your returns (or losses).
For example, the Rydex Titan 500 fund aims to double the daily move of the S&P 500. The Tempest 500 fund aims to double the opposite of the daily move of the S&P 500.
This is what hedge fund managers try to do all the time. This is another example of the tools of Wall Street’s pros being brought to the masses.
Here are some of Rydex’s other funds:

Mekros aims to do 1.5 times the Russell 2000
Nova aims for 1.5 times the S&P 500
Titan 500 is 2.0 times the S&P 500
Long Dynamic Dow 30 is 2.0 times the Dow
Ursa goes for -1.0 of the S&P 500
Tempest 500 is -2.0 times the S&P 500
Venture 100 is -2.0 of the Nasdaq 100
Strengthening Dollar is 2.0 of the U.S. Dollar Index
Weakening Dollar goes for -2.0 of the U.S. Dollar Index

Here’s some more info on Rydex.

Posted by on December 19th, 2005 at 2:53 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.