Definitive Materials Filed by Investment Companies. (497)
25 Février 2014 - 6:46PM
Edgar (US Regulatory)
Rydex Series Funds
805 King Farm Blvd., Suite 600
Rockville, Maryland
20850
Supplement dated February 25, 2014 to the Rydex Series Funds Statutory Prospectuses dated May 1, 2013 and August 1, 2013, as
supplemented from time to time (each, a Prospectus and collectively, the Prospectuses).
This supplement provides new and
additional information beyond that contained in the Prospectuses and should be read in conjunction with the Prospectuses.
Effective April 1, 2014, certain of the
Funds transaction cut-off times applicable to transactions by phone and internet have been revised to provide shareholders with additional time to transact in the Funds shares. Therefore, effective April 1, 2014, the table under the
headings Buying, Selling and Exchanging Fund SharesTransaction Cut-Off Times in each Prospectus is deleted in its entirety and replaced with the table below, as applicable.
Prospectuses Dated May 1, 2013
TRANSACTION CUT-OFF TIMES
All shareholder transaction
orders are processed at the NAV next determined after your transaction order is received with all of the necessary information, sometimes referred to as in good order, by the Funds transfer agent, Guggenheim Distributors, LLC (the
Distributor), or authorized dealer. The following transaction cut-off times have been established in order to allow the transfer agent appropriate time to report the current days trading activity to the Advisor. Any application
that is sent to the transfer agent does not constitute a purchase order until the transfer agent processes the application and receives correct payment by check, wire transfer or ACH.
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METHOD
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CUT-OFF TIME
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All Funds
(except the Commodities Strategy Fund)
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Commodities
Strategy Fund
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By Mail
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Market Close
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3:30 P.M., Eastern Time
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By Phone
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Market Close
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3:30 P.M., Eastern Time
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By Internet
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Market Close
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3:55 P.M., Eastern Time
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By Financial Intermediary
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Market Close*
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Market Close*
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*
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Each financial intermediary may have its own rules about share transactions, and may have earlier cut-off times for processing your transaction order.
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Prospectuses Dated August 1, 2013
T
RANSACTION CUT-OFF TIMES
All shareholder
transaction orders are processed at the NAV next determined after your transaction order is received with all of the necessary information, sometimes referred to as in good order, by the Funds transfer agent, Guggenheim
Distributors, LLC (the Distributor), or authorized dealer. The following transaction cut-off times have been established in order to allow the transfer agent appropriate time to report the current days trading activity to the
Advisor. Any purchase transaction that is sent to the transfer agent does not constitute a purchase order until the transfer agent processes the application and receives correct payment by check, wire transfer or ACH.
Some intermediaries may not offer intra-day trading or pricing regardless of when you place your order with your
intermediary. All orders received in good order by a financial intermediary that does not offer intra-day pricing will be priced at the Funds afternoon NAV. For more information about your financial intermediarys rules and procedures,
you should contact your intermediary directly.
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METHOD
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FUND
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MORNING
CUT-OFF TIME
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AFTERNOON
CUT-OFF TIME
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By Mail
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All Funds
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Not Available
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Market Close
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By Phone
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Domestic Equity Funds (except for the S&P 500
®
Fund and Russell 2000
®
Fund), Europe 1.25x Strategy Fund, Japan
2x Strategy Fund, Strengthening Dollar 2x Strategy Fund, Weakening Dollar 2x Strategy Fund, Government Long Bond 1.2x Strategy Fund, and Inverse Government Long Bond Strategy Fund
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Not Available
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3:45 P.M., Eastern Time
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S&P 500
®
Fund, Russell 2000
®
Fund, Emerging Markets 2x Strategy Fund, and Inverse Emerging Markets 2x Strategy
Fund
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10:30 A.M., Eastern Time
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3:45 P.M., Eastern Time
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Sector Funds, Real Estate Fund, High Yield Strategy Fund, and Inverse High Yield Strategy Fund
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Not Available
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3:30 P.M., Eastern Time
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Alternatives Funds
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Not Available
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Market Close
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U.S. Government Money Market Fund*
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Not Available
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4:00 P.M., Eastern Time
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By Internet
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Domestic Equity Funds (except for the S&P 500
®
Fund, Russell 2000
®
Fund, S&P 500
®
Pure Growth Fund, S&P 500
®
Pure Value Fund, S&P MidCap 400
®
Pure Growth
Fund, S&P MidCap 400
®
Pure Value Fund, S&P SmallCap 600
®
Pure Growth Fund, and S&P SmallCap 600
®
Pure Value Fund), Europe 1.25x Strategy Fund, Japan 2x Strategy Fund, Strengthening Dollar 2x Strategy Fund, Weakening Dollar 2x Strategy Fund, Government Long Bond 1.2x Strategy Fund, and
Inverse Government Long Bond Strategy Fund
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Not Available
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3:55 P.M., Eastern Time
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S&P 500
®
Fund, Russell 2000
®
Fund, Emerging Markets 2x Strategy Fund, and Inverse Emerging Markets 2x Strategy
Fund
|
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10:30 A.M., Eastern Time
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3:55 P.M., Eastern Time
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S&P 500
®
Pure Growth Fund, S&P 500
®
Pure Value Fund, S&P MidCap 400
®
Pure Growth Fund, S&P MidCap
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Not Available
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3:50 P.M., Eastern Time
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METHOD
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FUND
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MORNING
CUT-OFF TIME
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AFTERNOON
CUT-OFF TIME
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400
®
Pure Value Fund, S&P SmallCap 600
®
Pure Growth Fund, S&P SmallCap 600
®
Pure Value Fund, Sector Funds and Real Estate Fund
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High Yield Strategy Fund and Inverse High Yield Strategy Fund
|
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Not Available
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3:45 P.M., Eastern Time
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Alternatives Funds
|
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Not Available
|
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Market Close
|
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U.S. Government Money Market Fund*
|
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Not Available
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4:00 P.M., Eastern Time
|
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By Financial Intermediary
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All Funds (except the S&P 500
®
Fund, Russell 2000
®
Fund, Emerging Markets 2x Strategy Fund, and Inverse
Emerging Markets 2x Strategy Fund)
|
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Not Available
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Market Close**
|
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S&P 500
®
Fund, Russell 2000
®
Fund, Emerging Markets 2x Strategy Fund, and Inverse Emerging Markets 2x Strategy
Fund
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10:30 A.M., Eastern Time**
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Market Close**
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*
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To receive the current Business Days dividend for the Fund, the Fund must receive your wire purchase order by 1:00 p.m., Eastern Time. All redemption orders received prior to 1:00 p.m., Eastern Time will receive
the current Business Days dividend. All redemption orders received after 1:00 p.m., Eastern Time are entitled to receive the next Business Days dividend.
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**
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Each financial intermediary may have its own rules about share transactions, and may have earlier cut-off times for processing your transaction order.
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Please retain this supplement for future reference.
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