The investment seeks daily investment results that correspond to twice the inverse of the daily performance of the S&P MidCap 400 index.
The fund normally commits at least 80% of assets to financial instruments with economic characteristics that inverse to those of the index. It employs leveraged investment techniques in seeking its investment objective. The fund invests assets which are not invested in equity securities or financial instruments in debt instruments or money market instruments. It is nondiversified.
Fund Manager:
Howard S. Rubin
, since 12/1/09
Fund Inception:
1/30/04
Fund Ratings & Risk:
View Ratings & Risk
Composition:
STOCK (0.0%),
BONDS (0.0%),
CASH (98.82%),
OTHER (1.18%)