Rydex Basic Materials Inv  RYBIX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Natural Resources Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Medium
   Blend
  
  
As of 2009-10-31
Day Change
$ -0.04
  
NAV (2009-11-20)
$ 42.18
  
YTD Return % (2009-11-20)
54.28%
  
Total Assets ($ mil)
74
View Data Definitions
  Performance    
Growth of $10,000 Fund: Rydex Basic Materials Inv
(from 1999-01-01 to 2009-10-31) Category: Natural Resources
Index: S&P 500 TR
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1998-04-01 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 54.28 118.12 5.04 8.43 4.39 2.47
+/- Category 23.75 98.26 6.70 -0.09 -6.83 ---
+/- S&P 500 TR 30.76 69.32 10.94 7.75 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 44.11 5.56 6.09 8.06 5.12 2.89
Month-End (as of 2009-10-31) 37.71 38.94 2.10 7.45 4.39 2.47
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 37.95 1.75 7.18 4.18 ---
On Distribution & Sale of Shares --- 25.07 1.53 6.26 3.67 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 109 funds), (5 yrs : out of 79 funds), (10 yrs : out of 48 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is none.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
Information 0.00
Software 0.00
Hardware 0.00
Media 0.00
Telecommunications 0.00
Service 0.89
Healthcare 0.00
Consumer Services 0.89
Business Services 0.00
Financial Services 0.00
Manufacturing 99.11
Consumer Goods 14.29
Industrial Materials 83.98
Energy 0.83
Utilities 0.00
Asset Allocation
% of Net Assets
Cash 2.1
Stocks 97.9
Bonds 0.0
Other 0.0
Foreign Stocks 26.7
(as a % of Assets)
Data through 2009-10-31 Data through 2009-10-31
 
Holding Status
Total Number of Stock Holdings 96 Turnover % 288
Total Number of Bond Holdings 0 30 Day SEC Yield % ---
% of Assets in Top 10 Holdings 23.68 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Sector P/E YTD
Return %		 % of Net
Assets
Monsanto Company 17.09 15.30 2.77
Freeport-McMoRan Copper & Gold B --- 246.03 2.64
E.I. du Pont de Nemours & Company 11.49 42.89 2.51
Southern Copper Corporation 10.04 119.88 2.39
The Dow Chemical Company 24.33 88.07 2.36
Praxair, Inc. 15.63 41.19 2.34
Vale S.A. ADR 4.69 136.53 2.33
Newmont Mining Corporation 22.37 29.14 2.17
Potash Corporation of Saskatchewan, Inc. 6.65 57.20 2.09
The Mosaic Company 4.38 64.19 2.08
Data through 2009-10-31
YTD Return through 2009-11-20
  Other Information
Fund Inception: 1998-04-01
Portfolio Manager  (Start Date)
Michael P. Byrum  (1998-04-01)
Byrum is president and CIO of Rydex Investments, his employer since its foundation in 1993. He has ultimate responsibility for the management of the funds. He was named the president of Rydex Investments in 2004 and has served as chief investment officer since 2003.Prior to joining Rydex Investments, Mr. Byrum worked for Money Management Associates, the investment adviser for Rushmore Funds, Inc. Byrum holds the Charted Financial Analyst designation.
Michael J. Dellapa  (2006-08-01)
Dellapa joined Rydex Investments in 2000 as a research analyst and was promoted to portfolio manager in 2003. During his tenure as a portfolio manager, he had direct oversight for the Russell 2000(R) Advantage, Healthcare, Biotechnology, and Consumer Products Funds, which are offered in a separate prospectus. In 2005, Dellapa became director of investment research and in 2007 became the director of Alternative Investment Strategies. Dellapa holds the Charted Financial Analyst designation.
Ryan A. Harder  (2008-03-14)
Harder joined Rydex Investments in 2004 as an assistant portfolio manager, was promoted to portfolio manager in 2005 and has served in his current capacity since 2008. Prior to joining Rydex Investments, he served in various capacities with WestLB Asset Management, including as an assistant portfolio manager, and worked in risk management at CIBC World Markets. Harder holds the Chartered Financial Analyst designation.
Douglas T. Holmes  (2008-03-14)
Doug is a Senior Principal of State Street Global Advisors and heads the Global Enhanced Equity Group. He specializes in portfolio construction, risk control, and implementation of enhanced equity portfolios. Doug is the co-inventor of SPDRs and continues to be involved in all related products discussed or created by the firm. Prior to joining State Street in 1984, Doug was a partner at Lovett, Ward & Bertelsen. Before this, he was affiliated with Batterymarch Financial Management and was a member of the New Product Committee of the American Stock Exchange. Doug has been working in the investment management industry since 1980. Doug has a BS in Mathematics from Northeastern University.
Sales Charge %
(taken from prospectus dated 2009-08-01)
Front: None
Deferred: None
Expense Ratio % 1.37
based on net assets
(taken from annual report dated 2009-03-31)
Correspondence Information
9601 Blackwell Road
Suite 500
Rockville,  MD  20850
United States
Telephone:
800-820-0888
301-296-5406
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

© Copyright 2009 Morningstar, Inc. All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc.
Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.