Mutual funds that gain when interest rate increases - Help??

I read in the Wall street journal about some mutual funds that gain in
value when interest rate rises. These mutual funds are invested in
interest rate sensitive instruments. I can not remember even one of
these mutual funds.

Could any body point me to a mutual fund like the one that I mentioned
above. I would like to invest in one of these funds.

Thanks

Re: Mutual funds that gain when interest rate increases - Help??

"paddy" <> wrote in message
news:
>I read in the Wall street journal about some mutual funds that gain in
> value when interest rate rises. These mutual funds are invested in
> interest rate sensitive instruments. I can not remember even one of
> these mutual funds.
>
> Could any body point me to a mutual fund like the one that I mentioned
> above. I would like to invest in one of these funds.
>
> Thanks

ProFunds Rising Rates 10 fund, RTPIX
Profunds Rising Rates Opportunity, RRPIX

Good luck.

Re: Mutual funds that gain when interest rate increases - Help??

Ed, Thanks much for the information. I appreciate it.

Are there funds from any other fund family that will increase in value
as interest rates rise.

Thanks again

Re: Mutual funds that gain when interest rate increases - Help??

paddy wrote:

> Ed, Thanks much for the information. I appreciate it.
>
> Are there funds from any other fund family that will increase in value
> as interest rates rise.

Rydex Juno (RYJUX).

But I'm wondering if the WSJ article was talking about another category
of funds, called "floating-rate funds." These invest in high-interest
short-term loans made by banks to companies. Fidelity offers one,
Fidelity Floating-Rate High Income Fund.


--
Steven D. Litvintchouk
Email:

Remove the NOSPAM before replying to me.

Re: Mutual funds that gain when interest rate increases - Help??

There are various ways--not necessarily mutual funds--to play a
declining bond market (rising rates).

What is the rest of your portfolio made up of?