Rydex Series Fds Long Short Equity Fund P Class 

The fund aims to achieve its objective by allocating a minimum of 80% of its investable capital—which includes both its net assets and any borrowed funds for investment purposes—to specific types of holdings. Under typical market conditions, these holdings consist of both long (buying) and short (selling) positions in U.S. equity securities. It also utilizes equity-linked financial instruments, such as swaps and other derivatives, to gain similar bullish or bearish exposure to American stocks. A key characteristic is its non-diversified investment strategy.