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| Rydex S&P Equal Weight Industrials ETF |
RGI |
| NAV: |
Change: |
data as of 09/09/2010 |
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| Greatest Premium (06/22/2010) |
2.387567% |
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Number of days at: |
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| Greatest Discount (05/21/2010) |
-1.059575% |
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Premium |
34 |
| # of Days within +0.5% & -0.5% |
48 |
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NAV |
0 |
| % of Days within +0.5% & -0.5% |
76.19% |
|
Discount |
29 |
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| Market Close to NAV |
 |
Number of Days
(NAV & Market Close are calculated at 4:00 PM ET) |
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Chart Description: |
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The chart above provides information about the difference between the daily market closing price for shares of the Fund
and the Fund’s net asset value (NAV). The chart’s vertical axis shows the premium or discount expressed as a percentage of NAV. The horizontal axis indicates the number of trading days in the period covered by the chart. Each bar in the chart
shows the number of trading days in which the Fund traded within the premium/discount range indicated. |
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Why is there a difference between NAV and Market Close? |
The NAV represents the fund’s assets less its liabilities on a per share basis as calculated by the fund’s
administrator. The Market Close is the price of the last trade executed on the listing exchange during that day’s trading session.
As a practical matter, information is constantly flowing to and among investors, corporations, and financial institutions that affects their outlook on the financial markets and the value of securities. This process, known as price discovery, is why market prices change and evolve throughout the trading day. It is important to note that even when markets are closed, the price discovery process continues 24 hours a day, 7 days a week, 365 days a year.
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Reasons for Possible Timing Discrepancies: |
| 1. Closing of Trading Times: |
The NAV of the RydexShares ETFs normally is calculated using prices as of 4:00 p.m. Eastern Time. Each RydexShares ETF normally trades on its respective stock exchange until 4:00 p.m. Eastern Time. |
| 2. Time of Last Trade: |
Trading generally takes place throughout the normal trading hours for RydexShares ETFs on the listing exchange on which it is listed (generally 9:30 a.m. - 4:00 p.m. Eastern Time). At times, many trades are placed in rapid succession. At other intervals, little or no trading activity may take place. It is important to note that the date/time of the last trade (which is recorded as the Market Close) may not take place at exactly 4:00 p.m. Eastern Time when the RydexShares ETFs normally calculate NAV. The date/time of the last trade
sometimes may occur before 4:00 p.m. Eastern Time. Thus, ongoing price discovery may result in a deviation between the price recorded as the Closing
Price and the NAV of the fund shares calculated at 4:00 p.m. Eastern Time.
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Performance displayed represents past performance, which is no guarantee of future results. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than original cost. Total returns reflect the reinvestment of all dividends. Current performance may be lower or higher than the performance data quoted. For up-to-date fund performance, including performance current to the most recent month-end, please visit our web site at www.rydex-sgi.com. For additional information, please see the fund’s prospectus. Returns for performance under one year are cumulative, not annualized. Performance results for periods under one year are short-term and may not provide an adequate basis for evaluating the performance potential of the fund over varying market conditions or economic cycles.
ETFs may not be suitable for all investors. Investment in the ETFs may be affected by risks that include those associated with sector concentration, international investing, investing in large, medium, or small size companies, and/or the funds’ possible use of investment techniques such as leverage, derivatives and short sales of securities. These funds are considered nondiversified and can invest a greater portion of their assets in securities of individual issuers than a diversified fund. As a result, changes in the market value of a single security could cause greater fluctuations in the value of fund shares than would occur in a more diversified fund. Please see a prospectus for more information.
Fund data is subject to change on a daily basis.
Expense ratios are for the fiscal year ended 10/31/09. This fund has adopted a distribution (12b-1) plan pursuant to which the fund may bear an annual 12b-1 fee of up to 0.25%. However, no such fee is currently charged to the fund and no such fees will be charged prior to 3/01/10.
Composition is subject to change. Information provided is for illustration purposes only and may not reflect current investments by the fund. Referenced companies are not affiliated with Rydex SGI and Rydex SGI does not sponsor, endorse, sell or promote the referenced companies.
“Standard & Poor’s®", “S&P®”, “S&P 500®”, “Standard & Poor’s 500”, “500”, “S&P MidCap 400” and “S&P SmallCap 600” are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Rydex SGI and its affiliates. Citigroup is a trademark of Citigroup Global Markets Inc. and has been licensed for use by Standard & Poor’s. The product is not sponsored, endorsed, sold or promoted by Standard & Poor’s, and neither Standard & Poor’s nor Citigroup Global Markets Inc. makes no representation regarding the advisability of investing in the product.
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©2010 Rydex Distributors, LLC. All Rights Reserved.
 Not FDIC Insured No Bank Guarantee May Lose Value
For more complete information regarding the funds 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.
The funds are distributed by Rydex Distributors, LLC (RDL). Security Global InvestorsSM is the investment advisory arm of Security Benefit Corporation (Security Benefit). Security Global Investors consists of Security Global Investors, LLC, Security Investors, LLC and Rydex Investments. Rydex Investments is the primary business name for Rydex Advisors, LLC and Rydex Advisors II, LLC. Security Global Investors and RDL are affiliates and subsidiaries of Security Benefit, which is wholly owned by Guggenheim SBC Holdings, LLC, a special purpose entity managed by Guggenheim Partners, LLC, a diversified financial services firm with more than $100 billion in assets under supervision.
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