Lee Munson and Lorn Owen Davis provide independent fund research on Rydex Managed Futures Strategy Fund (RYMFX).
Alternative strategies and assets in mutual funds can provide relief from the US equity markets for investors’ portfolios. The Rydex/SGI Managed Futures Strategy Fund (RYMFX) is an opportunity for investors to take part in that relief by adding exposure to commodity and currencies in a long short environment. RYMFX is one of the first funds to track the relatively unknown S&P Diversified Trends Indicator, a long/short momentum strategy in the major futures markets that has been strong in delivering non-correlating returns over the past 10 years. Investors utilize managed futures strategies to reduce risk in their portfolio by being uncorrelated with the stock and bond markets.