Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.
Rydex Announces Four Additions to Alternative Investments Lineup
The firm announced the launch of the Rydex|SGI Event Driven and Distressed Strategies Fund (RYDSX, H-Share Class); Rydex|SGI Long Short Interest Rate Strategy Fund (RYBUX, H-Share Class); Rydex|SGI Long Short Equity Fund (RYJLX, H-Share Class); and Rydex|SGI Alternative Strategies Fund (RYETX, H-Share Class).
According to the announcement, the Rydex|SGI Event Driven and Distressed Strategies Fund offers investors an opportunity to profit during a variety of market cycles. The strategy, which may help diversify an equity allocation in an investment portfolio, aims to exploit pricing inefficiencies or premiums that may occur as a result of corporate mergers and acquisitions, as well as bankruptcies and financial restructurings.
The actively-managed Rydex|SGI Long Short Interest Rate Strategy Fund is geared toward helping investors profit during falling, rising or flat interest rate environments. This fund aims to take advantage of short-term movements in U.S. Treasury prices and may be used to diversify a core fixed-income allocation.
The Rydex|SGI Long Short Equity Fund provides an opportunity to capture returns on both rising and falling equity movements, and the Rydex|SGI Alternative Strategies Fund provides exposure to a benchmark that corresponds to the performance of a broad range of hedge fund alternatives.
For more information call 800-820-0888.You Might Also Like:
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2024/06/18132717/PAPS-061824-Vanguard-Reopening-Mutual-Funds-1336038230-web-432x243.jpg)
Vanguard Reopens Two Actively Managed Mutual Funds to New Investors
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2024/05/29103532/PA-052924-Mutual-Fund-Outflows-1212333891-web-432x243.jpg)
Investor Shifts Herald ‘Irreversible Decline’ for Mutual Funds
![](https://si-interactive.s3.amazonaws.com/prod/planadviser-com/wp-content/uploads/2024/05/23141910/PAPS-052324-Gensler-and-swing-pricing-web-432x243.jpg)