Rydex Monthly Rebalance NASDAQ-100 2x Strategy Fund (RMQHX)

Overview

The fund is designed to offer investors exposure to some of the largest non-financial companies listed on The Nasdaq Stock Market. By investing at least 80% of its net assets, along with any borrowings for investment purposes, in securities aligned with its benchmark index, the fund aims to replicate the economic characteristics and performance of these top-tier companies. This index, a modified capitalization-weighted index, features 100 prominent companies with wide-ranging market capitalizations, indicating a focus on substantial and robust enterprises. The fund's commitment to these non-diversified, yet significant, sectors aims to capture the growth and innovative potential of Nasdaq's powerhouse entities.

Products and Services

• Securities of Companies in the Underlying Index

This product consists of direct investments in securities of companies that are part of the fund's benchmark index. It's designed for investors who wish to gain exposure to the performance of 100 of the largest non-financial companies listed on The Nasdaq Stock Market. These companies have market capitalizations ranging significantly, creating a diverse investment opportunity within a focused segment.

• Economic Characteristics Similar Securities

In addition to direct index securities, the fund invests in securities and financial instruments that are expected to have similar economic characteristics and performance to those in the benchmark. This strategy allows for a broader diversification within the scope of the Nasdaq's top non-financial entities, aiming to enhance the fund's adaptability and potential for growth.