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Past performance is no guarantee of future results. Investment return and principal
value will fluctuate so that your shares, when redeemed, may be worth more or
less than their original price.
Leveraged funds may not be suitable for all investors. The use of leverage by a mutual fund increases the risk to the fund. The more a mutual fund invests in leveraged instruments, the more the leverage will magnify any gains or losses on those investments. Investing in an inverse or short fund involves certain risks, which may include increased volatility due to the use of options or futures.
For more complete information regarding Rydex Funds, including management fees
and expenses, call us at 800.258.4332 or click here for a prospectus
. Please read the prospectus carefully before you invest or send money.
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