Rydex S&P 500 Fund – Is This The Worst Mutual Fund In The World?

Rydex S&P 500 Fund - Is This The Worst Mutual Fund In The World? by Luke F. Delorme, Director of Financial Planning, American Investment Services, Inc.

It is generally a reasonable approach to invest in passively managed index funds because research has shown that actively managed funds have not shown a consistent ability to beat their indexes.

Index funds simply buy and sell the stocks that comprise an index, such as the S&P 500. With such a simple approach, they are generally able to operate at a low cost while avoiding risks that result from concentrating too heavily in a small group of securities. This is good, because if you can operate at a lower cost, you can...