Basic Materials is trading at 77.75 as of the 13th of November 2024; that is 1.89 percent decrease since the beginning of the trading day. The fund's open price was 79.25. Basic Materials has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Basic Materials Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of November 2022 and ending today, the 13th of November 2024. Click here to learn more.
The fund invests substantially all of its net assets in equity securities of Basic Materials Companies that are traded in the United States and in derivatives. Rydex Series is traded on NASDAQ Exchange in the United States. More on Basic Materials Fund
Basic Materials Fund [RYBAX] is traded in USA and was established 13th of November 2024. The fund is listed under Natural Resources category and is part of Rydex Funds family. This fund at this time has accumulated 32.83 M in assets with no minimum investment requirementsBasic Materials is currently producing year-to-date (YTD) return of 10.13% with the current yeild of 0.02%, while the total return for the last 3 years was 3.22%.
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Other Information on Investing in Basic Mutual Fund
Basic Materials financial ratios help investors to determine whether Basic Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Basic with respect to the benefits of owning Basic Materials security.