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RYIMX Guggenheim Multi-Hedge Strategies I

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Fund RYIMX Guggenheim Multi-Hedge Strategies I
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Similarity
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100%
Annual Fees
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$132.29
(1.29% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.55% annual return
$14,407.86
Est. savings over 30 yrs
Return
As of 10/31/16
1 YR RETURN -1.55%
3 YR 1.83%
5 YR 1.91%
10 YR -0.01%
Description
The investment seeks long-term capital appreciation with less risk than traditional equity funds. The fund pursues multiple investment styles or mandates that correspond to investment strategies widely employed by hedge funds. The Advisor's decision to allocate assets to a particular strategy or strategies is based on a proprietary evaluation of the strategy's risk and return characteristics. It also may invest up to 25% of its total assets in a wholly-owned and controlled Cayman Islands subsidiary (the "Subsidiary") as measured at the end of every quarter of the fund's taxable year. The fund is non-diversified.

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