Thursday, September 10, 2015

Rydex Funds Market Cap at Turns

RYFXX - Rydex US Government Money Market
RYNVX - Rydex Nova Fund Investor Class (Long Fund)
RYURX -  Rydex Inverse S&P 500® Strategy Fund Investor Class (Inverse Fund)

RYFXX   3-10-09   $1,367Mil   3-10-15   $655Mil   9-9-15   $1,434Mil

RYNVX  3-11-09   $21.96 Mil  5-14-15    $177Mil   9-4-15       $53Mil 

RYURX   3-9-09        $353Mil   5-4-15   $58.34Mil   9-9-15    $148Mil 

The interesting data is that the Money Market Fund is higher now than at March 2009.
The Long Fund is $124Mil less now than at 5-14-15, but not as low as it was in March 2009.
The Inverse Fund is $90Mil more now than at 5-4-15, but not as high as it was in March 2009.

Note that in March 2015 and in May 2015 the stock market made highs.  So the RYFXX, RYNVX and the RYURX were at extremes.  They are at extremes now but not all time extremes.

More evidence of a possible bottom, or near a bottom.


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This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  
Past performance is not indicative of future results


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