The investment seeks to provide investment results that match, before fees and expenses, 200% of the inverse (opposite) of the daily performance of the S&P 500 Index Total Return on a daily basis.
The fund employs as its investment strategy a program of investing in leveraged derivative instruments, such as equity index swaps and futures contracts. The underlying index is a capitalization-weighted index composed of 500 common stocks, which are chosen by the Standard & Poor's Corporation ("S&P") on a statistical basis. It is non-diversified.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=Guggenheim Investments
 http://www.globalfunddata.com/funds/new/performance/domicile?variant=United States
 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=State Street Bank & Trust Co
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=Trading-Inverse Equity
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
 http://www.globalfunddata.com/funds/new/performance/city?variant=New York___United States
 http://www.globalfunddata.com/funds/new/performance/country?variant=United States
 http://www.globalfunddata.com/funds/new/performance/custodian?variant=State Street Bank & Trust Co
 mailto:firstname.lastname@example.org?subject=Mail from GFM Ltd