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INTERVIEWS | May 30, 2001
Is The Bottom Near? - Mike Byrum Of Rydex Funds
Is the market bottom near? That's one of the questions we asked Mike Byrum, chairman of the Rydex Investment Strategy Committee, which oversees investment activity for all Rydex Funds. He is also the portfolio manager for the Rydex OTC Fund. Byrum was part of the original Rydex investment team when the company was founded in July 1993, and since then he has played an instrumental role in product development and investment strategy. He was named vice president of portfolio in 1998 and was the first to manage the US Government Money Market, Precious Metals, US Government Bond, Ursa, OTC, Juno, and Arktos funds. In addition, Byrum helped to create the Rydex sector funds, which are team-managed.
Before joining Rydex, Byrum was a broker with Money Management Associates, the registered investment advisor to Rushmore Funds, Inc. He earned his bachelor's degree in finance from Miami University of Ohio. He is a Chartered Financial Analyst, as well as a member of the Association for Investment Management and Research and the Washington Society of Investment Analysts. Working Money Staff Writer David Penn interviewed Byrum via telephone on April 9, 2001, asking him what we have to look forward to in the next 12 months. His answer may surprise you.
by David Penn
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