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REDEMPTION FEE FUNDS Generate a printer-friendly version Print this page Email this pageEmail this page

Outlined below is important information concerning specific Funds that employ redemption fees for the purposes of discouraging short-term trading activity. This type of activity may present risks to the funds’ longterm shareholders and could adversely affect shareholder returns. Unlike most other Funds, these funds do not offer unlimited exchange privileges and are not suitable for purchase by active investors.

The funds listed below charge a redemption fee on shares sold within 30 days of the date of purchase.      

Fund Name Redemption Fee Holding Period
Alternative Strategies 1.00% 30 Days
Alternative Strategies Allocation 1.00% 30 Days
All-Asset Aggressive Strategy 1.00% 30 Days
All-Asset Conservative Strategy 1.00% 30 Days
All-Asset Moderate Strategy 1.00% 30 Days
Equity Market Neutral 1.00% 30 Days
Event Driven and Distressed Strategies 1.00% 30 Days
Global (A-Class) 2.00% 30 Days
Global (Institutional Class) 2.00% 30 Days
Global 130/30 Strategy 1.00% 30 Days
International Long Short Select 1.00% 30 Days
Long/Short Commodities Strategy 1.00% 30 Days
Long/Short Equity Strategy 1.00% 30 Days
Long Short Treasury 1.00% 30 Days
Managed Futures Strategy 1.00% 30 Days
Multi-Hedge Strategies 1.00% 30 Days
U.S. Long Short Momentum 1.00% 30 Days


The Alternative Funds may not be suitable for all investors because of the sophisticated and aggressive investment techniques the funds employ, such as leverage, derivatives and short selling. See a prospectus for additional details on these and other risks.

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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, Inc. (RDI). 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 PADCO Advisors, Inc. and PADCO Advisors II, Inc. SGI and RDI are affiliates and are subsidiaries of Security Benefit.


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Alternatives
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1Q 2010

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