Bringing you live news and features since 2006 

Rydex Small Cap Value Fund earns 5-star Morningstar rating


Rydex|SGI’s Small Cap Value Fund A, C and Institutional shares have achieved a 5-star overall rating from Morningstar for the three year period ended July 31, 2011, based on risk-adjusted returns. The fund was rated against 572 funds in the Morningstar small cap blend category.

The 5-star rating marks the third anniversary of the fund. Before star ratings are assigned, Morningstar requires that funds have three years of performance history. Morningstar’s rating methodology was first introduced in 1985 and is a quantitative measure of a fund’s performance, according to the Morningstar website. It examines total returns, relative performance and risk adjusted returns. The 5-star rating is provided only to those funds that rank in the top 10% of the peer group.

"We are very pleased with the Morningstar 5-star rating and it solidifies our strong investment process of investing in undervalued small cap companies," says Jim Schier (pictured), portfolio manager for the fund at Rydex. "Our rigorous investment process combines searching for the most undervalued and underserved opportunities in the market.".

Schier is a leading portfolio manager in the industry with over 27 years of experience, in which 16 years he has worked at Rydex|SGI. He also holds a Chartered Financial Analyst (CFA) designation.

The Rydex|SGI Small Cap Value Fund invests in a diversified portfolio of 70 to 90 small cap companies. Additionally, the fund has a smaller market cap profile when compared to other small cap value funds, with approximately 52% of its holdings in microcaps, according to a Morningstar analysis report of the fund released 8/3/2011.

In addition to managing small cap assets, the value team, lead by Schier, manages assets across the entire value market capitalisation including, large cap, mid cap, and small cap.

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs’ share of the US ETF market rose to 8.5 per cent at the...
Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by