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In 1993, Skip Viragh, founder of Rydex Investments, had a vision. He foresaw the need for mutual funds that performed regardless of market environment and provided financial professionals and their investor clients with the flexibility needed to respond to both changing market conditions and changing personal investment goals. He saw the need for an investment firm that listened to its clients, understood their challenges and anticipated solutions to solve their problems. In response to a need expressed by many financial professionals, Skip started Rydex Investments—in borrowed office space and with only two employees—offering Rydex Nova Fund, the industry’s first leveraged mutual fund.

Rydex remains dedicated to its founding principles: listening to its clients, understanding their challenges and anticipating solutions. The firm strives to deliver consistent, superior investment management and to provide high-quality service to its clients.

Since its humble beginnings, Rydex has become well known for its innovation, having introduced many more industry firsts: the first leveraged equity fund, the first leveraged fixed-income fund, the first inverse equity fund, the first inverse fixed-income fund and the first funds priced twice daily that were available to the investing public. And the list continues. The market has responded enthusiastically—confirming Skip’s vision of a more empowered investor. Rydex is now a $16 billion investment company¹, with more than 80 mutual funds and exchange traded products. However, its heritage of listening to its clients and anticipating their needs is still at the forefront of the way the firm approaches product development and service to its clients.

Shares of mutual funds are not deposits of, or guaranteed or endorsed by, any financial institution; are not insured by the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board, or any other agency; and involve risk, including the possible loss of the principal amount invested. See the prospectus for details on the specific risks of each Rydex fund.

1. As of 9/30/07

Rydex Investments 9601 Blackwell Road Suite 500 Rockville, MD 20850
800.820.0888 Send us your comments

©2008 Rydex Distributors, Inc. All Rights Reserved.
Rydex funds are distributed by Rydex Distributors, Inc., an affiliate of Rydex Investments.

For more complete information regarding Rydex funds, call 800.820.0888 or click here for a prospectus. Investors should consider the investment objectives, risks, charges and expenses of a fund carefully before investing. The fund's prospectus contains this and other information about the fund. Read the prospectus carefully before you invest or send money.