Learn about equal weight investing.The 5Qs of Equal Weight Investing video answers the five questions investors should consider on equal weight investing: What, Why, Who, Where and How. View now.
Proposed Reorganization of the Rydex|SGI Alternative Strategies Allocation Fund and the Rydex|SGI Variable Trust Alternative Strategies Allocation Fund
Late last year, Guggenheim Partners, LLC announced the expansion of its investment management capabilities under the brand Guggenheim Investments, which includes legacy Rydex|SGI products. As a result of the expansion, as well as part of the natural course of business, the firm is streamlining its product line-up. Specifically, the Board of Trustees has approved the reorganization of the Rydex Series Funds Alternative Strategies Allocation Fund into the Rydex Series Funds Multi-Hedge Strategies Fund and the Rydex Variable Trust Alternative Strategies Allocation Fund into the Rydex Variable Trust Multi-Hedge Strategies Fund. The reorganizations are subject to shareholder approval. Shareholders will receive proxy statements that will include information about the reorganizations and how they can vote their shares in the coming weeks. If approved, the reorganizations are anticipated to take place on or after April 20, 2012. The reorganizations are expected to be tax-free transactions.
New Addition to our Fixed-Income Mutual Fund Line Up
We are pleased to offer a new investment option for tax-conscious investors: Guggenheim Municipal Income Fund. The fund invests in a diversified portfolio of primarily investment-grade municipal securities whose interest is free from federal income tax through an investment approach that combines top-down macro-economic views with bottom-up credit-intensive research. The fund is managed by a team with more than 75 years of combined industry experience.
The fund is the latest addition to our recently expanded suite of fixed-income mutual funds, which provides investors and advisors access to Guggenheim Investments’ institutional fixed-income strategies and investment capabilities. Discover the timely opportunities they may offer in today’s market.
Learn more about these new opportunities.
Rydex|SGI Information About Estimated Distributions
With the exception of the Fixed Income Funds, Rydex|SGI has completed the distributions for 2011 and does not anticipate making distributions in any additional funds or ETFs. Please see the following resources for 2011 Fund Distribution Information:
View 2011 Fund Distribution Information
Download Frequently Asked Questions.
Rydex|SGI Announces Reverse-Share Split
A reverse-share split has been announced for shareholders of record on December 2, 2011, for Rydex Inverse NASDAQ 100® 2x Strategy Fund, Rydex Inverse Russell 2000® 2x Strategy Fund, Rydex VA Strengthening Dollar Strategy Fund and Rydex VA Government Long Bond Strategy Fund.
At market close on December 2, Rydex Inverse NASDAQ 100® 2x Strategy Fund and Inverse Russell 2000® 2x Strategy Fund will undergo a one-for-four reverse split of their issued and outstanding Class A-, C- and H-shares. Rydex Variable Annuity Strengthening Dollar Strategy Fund and Variable Annuity Government Long Bond Strategy Fund will undergo a one-for-two reverse split. Learn more.
Rydex|SGI is now part of Guggenheim Investments
Guggenheim Partners is expanding its investment management capabilities under a single brand called Guggenheim Investments. This marks an alignment of several complementary acquisitions, including Rydex|SGI, into Guggenheim’s existing investment management business. Upon the change of ownership of Rydex|SGI, expected to be complete in Q1 2012, Guggenheim Investments will have total assets exceeding $119 billion², with nearly 150 investment professionals. Guggenheim Investments will offer clients investment competencies across all major asset classes, including fixed income, equities and alternatives. There is no anticipated change in Rydex|SGI investment personnel, investment processes, fund cusips and tickers or client account numbers. Our client service number (800.820.0888 ) and web site (www.rydex-sgi.com) will remain in place. View the press release. Find out more about Guggenheim Investments at www.guggenheiminvestments.com.
Cost Basis Reporting rules are changing January 1, 2012
Cost Basis Reporting rules are changing January 1, 2012, which will require Rydex|SGI to provide cost basis reporting to the IRS as part of the Form 1099B for all mutual funds. Please visit www.rydex-sgi.com/costbasis for more information.
Learn about equal weight investing.
The 5Qs of Equal Weight Investing video answers the five questions investors should consider on equal weight investing: What, Why, Who, Where and How. View now.