07/30/2024 | Press release | Distributed by Public on 07/30/2024 05:35
Mutual Funds
|
|
|
Equity Inverse
|
|
|
8.1.2024
|
Ticker Symbol
|
Fund Name
|
|
Class A
|
Class C
|
|
RYVTX
|
RYCDX
|
Inverse NASDAQ-100® 2x Strategy Fund
|
SUMIN1002XAC-0824x0825
|
guggenheiminvestments.com
|
Class A
|
Class C
|
|
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of
offering price)
|
4.75
%
|
None
|
Maximum Deferred Sales Charge (Load) (as a percentage of initial purchase
price or current market value, whichever is less)
|
None
|
1.00
%
|
Class A
|
Class C
|
|
Management Fees
|
0.90
%
|
0.90
%
|
Distribution and/or Service (12b-1) Fees
|
0.25
%
|
1.00
%
|
Other Expenses1
|
0.68
%
|
0.68
%
|
Short Sales Dividend and Interest Expense
|
0.01%
|
0.02%
|
Remaining Other Expenses
|
0.67%
|
0.66%
|
Total Annual Fund Operating Expenses
|
1.83
%
|
2.58
%
|
Fee Waiver (and/or expense reimbursement)2
|
-0.08
%
|
-0.08
%
|
Total Annual Fund Operating Expenses After Fee Waiver (and/or expense
reimbursement)
|
1.75
%
|
2.50
%
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Class A
|
$644
|
$1,016
|
$1,411
|
$2,515
|
Class C
|
$353
|
$795
|
$1,363
|
$2,909
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Class C
|
$253
|
$795
|
$1,363
|
$2,909
|
Index Performance
|
Annualized Volatility
|
|||||
1x
|
-2x
|
10%
|
25%
|
50%
|
75%
|
100%
|
-60%
|
120%
|
506%
|
404%
|
199%
|
13%
|
-69%
|
-50%
|
100%
|
286%
|
229%
|
91%
|
-27%
|
-82%
|
-40%
|
80%
|
171%
|
128%
|
33%
|
-49%
|
-86%
|
-30%
|
60%
|
99%
|
70%
|
-1%
|
-62%
|
-90%
|
-20%
|
40%
|
52%
|
31%
|
-27%
|
-70%
|
-93%
|
-10%
|
20%
|
20%
|
3%
|
-42%
|
-77%
|
-94%
|
0%
|
0%
|
-3%
|
-18%
|
-52%
|
-81%
|
-96%
|
10%
|
-20%
|
-19%
|
-31%
|
-61%
|
-84%
|
-96%
|
20%
|
-40%
|
-32%
|
-43%
|
-67%
|
-87%
|
-97%
|
30%
|
-60%
|
-42%
|
-51%
|
-72%
|
-89%
|
-97%
|
40%
|
-80%
|
-50%
|
-58%
|
-75%
|
-91%
|
-97%
|
50%
|
-100%
|
-57%
|
-63%
|
-79%
|
-92%
|
-98%
|
60%
|
-120%
|
-62%
|
-68%
|
-82%
|
-93%
|
-98%
|
During the periods shown in
the chart above:
|
Quarter Ended
|
Return
|
Year-to-Date
|
June 30, 2024
|
-25.17%
|
Highest Quarter
|
June 30, 2022
|
48.93%
|
Lowest Quarter
|
June 30, 2020
|
-45.56%
|
1 Year
|
5 Years
|
10 Years
|
|
Class C
|
|||
Return Before Taxes
|
-57.79%
|
-43.73%
|
-36.41%
|
Return After Taxes on Distributions
|
-58.65%
|
-43.97%
|
-36.55%
|
Return After Taxes on Distributions and Sale of Fund Shares
|
-34.19%
|
-22.45%
|
-13.08%
|
Class A-Before Taxes
|
-59.14%
|
-43.89%
|
-36.29%
|
Index
|
|||
S&P 500® Index (reflects no deduction for fees, expenses or taxes)
|
26.29%
|
15.69%
|
12.03%
|
NASDAQ-100 Index®(reflects no deduction for fees, expenses or taxes)
|
55.13%
|
22.66%
|
17.91%
|