Michael Sapir

Rydex Advisors offers institutional investors and financial intermediaries a wide variety of traditional and non-traditional investment products across 5 five distinct disciplines: (1) actively managed specialty fixed-income (2) value (3) growth (4) global equity and (5) quantitative. The firm employs a rigorous investment strategy in managing all of their funds. PADCO Advisors' benchmark funds seek to provide investment returns that correspond to the performance of a specific benchmark. Their sector funds are managed by teams who employ a quantitative model to select stocks and strive to be fully invested in their respective sectors. The firm's quantitative model involves screening stocks based on market-cap, liquidity and correlation relative to the entire industry sector. PADCO Advisors' quantitative strategy ranks stocks by market-cap and liquidity. For sector funds, the firm also considers the stock's correlation to the sector. The firm also utilizes long/short hedging methods and leveraging in some of their mutual funds. Though not limited by sector, PADCO Advisors tends to invest in the stocks of mid-cap and large-cap US companies in the electronic technology, technology services, healthcare technology, finance and non-energy minerals sectors.

PSA provides investment advisory services to ETFs, shares of which are traded in the secondary market. The firm primarily uses mathematical models to simulate the performance of specified indexes, multiples of such indexes, or the inverse thereof. They manage leveraged and inverse ETFs that provide exposure to US and foreign equities, fixed-income, commodity, currency and volatility benchmarks. The funds managed by PSA seek returns that match, are multiples of or are inverse multiples of the return of an index or other benchmark (target) for a single day. The firm primarily uses a passive or mathematical approach to determine the investments a security makes and techniques they employ.

Exists as exchange Traded Fund

Exists as exchange Traded Fund

Exists as exchange Traded Fund

Exists as exchange Traded Fund

Exists as exchange Traded Fund

Exists as exchange Traded Fund

Exists as exchange Traded Fund