Hedge Fund Index Mutual Fund

Discussion in 'Trading' started by Corso482, May 2, 2007.

  1. http://finance.yahoo.com/q?d=t&s=RYMSX

    Does anyone know about this Rydex fund? It's supposed to generate returns "consistent with the return and risk characteristics of the hedge fund universe."

    I can't find much info on this elsewhere on the web, and I can't get the prospectus to work on the Rydex site.

  2. It has underperformed the S&P 500:

    However if you don't have the time or skills to actively trade stocks, the Rydex may be a good candidate to buy and hold.
    As it's long/short, theoretically you can make profits in any market.