RYSRX
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U.S. Long Short Momentum - H Class
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Price $13.83
Change $0.02 / 0.14%
As Of 6/17/13
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Top 10 Holdings as of 6/14/13
| Security Name |
Ticker |
% of Net Assets |
| NVR INC |
NVR |
0.69% |
| GANNETT CO INC |
GCI |
0.68% |
| TIME WARNER CABLE, INC. |
TWC |
0.59% |
| EXELIS INC |
XLS |
0.57% |
| DISH NETWORK CORP. |
DISH |
0.57% |
| CABLEVISION SYSTEMS CORP |
CVC |
0.57% |
| DELTA AIR LINES INC. |
DAL |
0.57% |
| NII HOLDINGS, INC. |
NIHD |
0.57% |
| T MOBILE US INC COMMON STOCK USD.0001 |
TMUS |
0.57% |
| LAZARD LTD-CL A |
LAZ |
0.56% |
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Sectors / Industries
as of 5/31/13
Investment StrategySeeks to provide long-term capital appreciation by investing in different industries using a long/short momentum strategy.
Fees and Expenses
| Gross Expense Ratio |
1.66% |
| Net Expense Ratio |
1.66% |
| Redemption Fee* |
N/A |
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* The fund will charge shareholders a 2.00% redemption fee when they redeem shares held for ninety (90) days or less.
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Fund Highlights & Applications
- Long/short momentum strategy may complement existing value or growth or small-cap investments
- Investment methodology provides the opportunity to capture returns from industry trends
- Dynamic market hedge that seeks to provide downside protection when broad negative market trends merge.
Distributions as of 12/21/12
| Most Recent Income |
$0.015805 |
| Dividend |
$0.015805 |
| Most Recent Capital Gain |
$0.000000 |
Distribution Yield
(as of )
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SEC 30 Day Yield (subsidized)
(as of )
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SEC 30 Day Yield (unsubsidized)
(as of )
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Symbols & CUSIPS
| Class | Symbol | CUSIP |
| A | RYAMX | 78355E510 |
| C | RYISX | 78355E825 |
| H | RYSRX | 78355E833 |
| Institutional | RYQTX | 78356C687 |
Investment Team
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Michael
P.
Byrum
, CFA
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Mike
Dellapa
, CFA, CAIA
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Ryan
Harder
, CFA
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Matthew
Wu
, Ph.D., CFA
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Ann
Ruff
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Larry
Shank
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James
R.
King
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Richard
P.
Toole
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Thomas
M.
Matteini
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Operations
| Funds Type |
Alternatives |
| Distribution Frequency |
Annual (if applicable) |
| Benchmark |
Russell 3000 |
| Telephone |
800.820.0888 |
| Trading Hours |
Phone 09:30 AM - :4:00 PM ET
Web 09:30 AM -:4:00 PM ET
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| Note: Each financial intermediary may have its own rules about shares transactions, and may have earlier cut-off times for processing your transaction. |
| Investment Adviser |
Security Investors, LLC |
| Distributor |
Guggenheim Distributors, LLC |
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Disclosure
Performance displayed represents past performance which is no guarantee of future results. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than original cost. Current performance may be lower or higher than the performance data quoted. Returns for performance under one year are cumulative, not annualized. Performance shown reflects maximum sales charges or contingent deferred sales charges (CDSC) as applicable. Class A-shares have a maximum sales charge of 4.75%. Class C-shares have a maximum CDSC of 1% for shares redeemed within 12 months of purchase.
Data is subject to change on a daily basis. Partial year returns are cumulative, not annualized. Returns reflect the reinvestment of dividends. The securities mentioned are provided for informational purposes only and should not be deemed as a recommendation to buy or sell.
The U.S. Long Short Momentum Fund may not be suitable for all investors. •The Fund is subject to the risk that the Advisor’s use of a momentum-driven investment strategy may cause the Fund to underperform other types of mutual funds that use different investment strategies during periods when momentum investing is out of favor. •It is possible that the stocks the Fund holds long will decline in value at the same time that the stocks or indices being shorted increase in value, thereby increasing potential losses to the Fund. •The Fund’s loss on a short sale is potentially unlimited because there is no upper limit on the price a borrowed security could attain. •The more the Fund invests in leveraged instruments, the more the leverage will magnify any gains or losses on those investments. •The use of derivatives, such as futures, options and swap agreements, may expose the fund to additional risks that it would not be subject to if it invested directly in the securities underlying those derivatives. •The fund may invest in American Depositary Receipts (“ADRs”) therefore subjecting the value of the fund’s portfolio to fluctuations in foreign exchange rates. •This Fund is considered non-diversified and can invest a greater portion of its assets in securities of individual issuers than a diversified fund. As a result, changes in the market value of a single security could cause greater fluctuations in the value of Fund shares than would occur in a more diversified fund. See the prospectus for more information on these and additional risks.
Effective May 28, 2010, the U.S. Long Short Momentum Fund changed it’s name from All Cap Opportunity Fund to U.S. Long Short Momentum Fund and it’s investment strategy from a long only strategy to a long short strategy. Performance prior to May 28, 2010 is that of the former investment strategy.
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2013 Guggenheim Investments. All Rights Reserved.
• Not FDIC Insured • No Bank Guarantee • May Lose Value
Read a prospectus and summary prospectus (if available) carefully before investing. It contains the investment objectives, risks, charges, expenses and other information, which should be considered carefully before investing. To obtain a prospectus and summary prospectus (if available) click here or contact us.
Guggenheim Investments represents the investment management businesses of Guggenheim Partners, LLC (“GP”), which includes Security Investors, LLC (“SI”), Guggenheim Funds Investment Advisors, LLC (“GFIA”) and Guggenheim Partners Investment Management (“GPIM”), the investment advisers to the referenced funds. Securities offered through Guggenheim Funds Distributors, LLC and Guggenheim Distributors, LLC, affiliates of GP, SI, GFIA and GPIM.
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