Alternative Investments

SGI has long been a pioneer in making institutional-style alternative investment choices accessible to individual investors.

Unlike other mutual fund firms that may just be building knowledge of alternatives, SGI stands out with 15 years of expertise with the often-complex instruments underlying alternative strategies.

Alternative investments differ widely in their composition and scope-including investment vehicles such as:

Hedge funds
Real estate
Precious metals

Managed futures
Private equity
Commodities

Since the early 90s, when we launched the industry's first inverse and leveraged mutual funds, our teams have been pioneering the use of alternative techniques, such as shorting, within mutual fund structures.

SGI's comprehensive alternatives capability gives individual investors and their financial advisors access to:

A wide range of non-traditional strategies in mutual fund structures

Transparent alternative investment choices

Alternative assets that offer both liquidity and daily pricing

Diversification neither assures a profit nor eliminates the risk of experiencing investment losses.

Investing in alternative investments is not suitable for all investors and involves special risks such as risk associated with short sales, leveraging the investment, potential adverse market forces, regulatory changes, and potential illiquidity. Investing in alternative strategies presents the opportunity for significant losses. There is no assurance that the investment objective will be attained.

Read the fund's prospectus and summary prospectus (if available) carefully before investing. It contains the fund's investment objectives, risks, charges, expenses and other information, which should be considered carefully before investing. Obtain a prospectus and summary prospectus (if available) at www.rydex-sgi.com or call 800.820.0888.

Rydex|SGI funds are distributed by Rydex Distributors, LLC (RDL). Security Investors, LLC (SI) is a registered investment advisor, and does business as Security Global Investors^® and Rydex Investments. SI and RDL are affiliates and are subsidiaries of Security Benefit Corporation, which is wholly owned by Guggenheim SBC Holdings, LLC, a special purpose entity managed by an affiliate of Guggenheim Partners, LLC, a diversified financial services firm with more than $100 billion in assets under supervision.