Rydex S&P 500 Pure Growth
Historical Performance
Objective And Strategy
ObjectiveInvestment returns that correlate to the performance of the S&P 500/Citigroup Pure Growth Index.
Strategy
Normally invests at least 80% of assets in securities of the underlying index and derivatives and other instruments whose performance is expected to correspond to that of the underlying index, such as futures and options and swap agreements. On a day-to-day basis, may hold short-term U.S. Government securities to collateralize derivative positions.
Tax Inefficient Fund
Asset classes that make large ordinary income distributions or generate significant short term capital gains are tax inefficient. Asset classes that match this description include REITs, commodities funds and absolute return funds.
Principle Risks
N/A
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Large Cap Growth05/2004