Rydex Commodities Strategy H (RYMBX)
Rydex Commodities Strategy H operates in the Asset Management industry of the Financial Services sector, headquartered in Rockville, MD, US. The stock last traded at $236.07, down 1.67% on the session, giving a market capitalisation of $7.5M. Its beta of 1.26 implies it has historically moved more than the broad market.
The fund's primary objective is to replicate the returns generated by the broader commodities markets. To achieve this, it invests in a variety of instruments, including publicly traded vehicles like specialized investment companies and commodity pools that offer exposure to commodity prices. It also employs commodity-linked financial derivatives, such as swap agreements, commodity options, and futures contracts (including options on futures). Furthermore, the fund has the option to allocate up to 25% of its total assets to a wholly-owned and managed subsidiary based in the Cayman Islands. This fund operates under a non-diversified investment strategy.
Rydex Commodities Strategy H is most often compared with the following Financial Services names: