Select Equity Fund Quote
| RTDYX Fund | USD 17.45 0.20 1.16% |
Performance7 of 100
| Odds Of DistressLess than 19
|
Select Equity is trading at 17.45 as of the 25th of April 2024; that is 1.16 percent increase since the beginning of the trading day. The fund's open price was 17.25. Select Equity has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Select Equity Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
The fund has a non-fundamental policy to invest, under normal circumstances, at least 80 percent of the value of its net assets plus borrowings for investment purposes in equity securities economically tied to the U.S. It invests principally in common stocks of large and medium capitalization U.S. More on Select Equity Fund
Moving together with Select Mutual Fund
| 0.94 | RNTTX | International Developed | PairCorr |
| 0.99 | RALAX | Growth Strategy | PairCorr |
Select Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Select Equity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Select Equity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Russell Funds, Large Blend Funds, Large Blend, Russell, Large Blend, Large Blend (View all Sectors) |
| Update Date | 31st of March 2024 |
Select Equity Fund [RTDYX] is traded in USA and was established 25th of April 2024. Select Equity is listed under Russell category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Russell family. This fund at this time has accumulated 782.56 M in assets with no minimum investment requirementsSelect Equity is currently producing year-to-date (YTD) return of 4.58% with the current yeild of 0.01%, while the total return for the last 3 years was 7.4%.
Check Select Equity Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Select Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Select Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Select Equity Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Select Equity Fund Mutual Fund Constituents
| INTC | Intel | Stock | Information Technology |
| XOM | Exxon Mobil Corp | Stock | Energy |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care |
| TSLA | Tesla Inc | Stock | Consumer Discretionary |
| T | ATT Inc | Stock | Communication Services |
| NVDA | NVIDIA | Stock | Information Technology |
| MSFT | Microsoft | Stock | Information Technology |
Select Equity Target Price Odds Analysis
Based on a normal probability distribution, the odds of Select Equity jumping above the current price in 90 days from now is about 47.28%. The Select Equity Fund probability density function shows the probability of Select Equity mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.0166 indicating Select Equity Fund market returns are sensitive to returns on the market. As the market goes up or down, Select Equity is expected to follow. Additionally, select Equity Fund has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Select Equity to move above the current price in 90 days from now is about 47.28 (This Select Equity Fund probability density function shows the probability of Select Mutual Fund to fall within a particular range of prices over 90 days) .
Select Equity Top Holders
| RCLRX | Conservative Strategy Fund | Mutual Fund | Allocation--15% to 30% Equity |
| RMLVX | Moderate Strategy Fund | Mutual Fund | Allocation--30% to 50% Equity |
| RALSX | Growth Strategy Fund | Mutual Fund | Allocation--70% to 85% Equity |
| RALVX | Growth Strategy Fund | Mutual Fund | Allocation--70% to 85% Equity |
| RALCX | Growth Strategy Fund | Mutual Fund | Allocation--70% to 85% Equity |
| RBLAX | Balanced Strategy Fund | Mutual Fund | Allocation--50% to 70% Equity |
| RMLRX | Moderate Strategy Fund | Mutual Fund | Allocation--30% to 50% Equity |
Select Equity Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Select Equity market risk premium is the additional return an investor will receive from holding Select Equity long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Select Equity. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Select Equity's alpha and beta are two of the key measurements used to evaluate Select Equity's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5775 | |||
| Semi Deviation | 0.598 | |||
| Standard Deviation | 0.7387 | |||
| Variance | 0.5457 |
Select Equity Against Markets
Picking the right benchmark for Select Equity mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Select Equity mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Select Equity is critical whether you are bullish or bearish towards Select Equity Fund at a given time. Please also check how Select Equity's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Select Equity without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio DiagnosticsUse generated alerts and portfolio events aggregator to diagnose current holdings |
| All Next | Launch Module |
How to buy Select Mutual Fund?
Before investing in Select Equity, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Select Equity. To buy Select Equity fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Select Equity. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Select Equity fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Select Equity Fund fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Select Equity Fund fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Select Equity Fund, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Select Equity Fund?
The danger of trading Select Equity Fund is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Select Equity is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Select Equity. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Select Equity is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Select Equity Fund. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.