SOURCE: Rydex Investments

January 10, 2007 10:20 ET

Rydex Offers Twice-a-Day Pricing for Mutual Funds via National Financial Platform

ROCKVILLE, MD -- (MARKET WIRE) -- January 10, 2007 -- Rydex Investments today announced twice-a-day pricing capabilities for a selection of Rydex mutual funds via National Financial, a provider of Integrated Brokerage Solutions® to nearly 350 broker/dealers representing 70,000 brokers, and the clearing provider for Rydex Financial Services. The new pricing capabilities, which match the pricing functionality currently offered direct through Rydex, give brokers and their clients the ability to take advantage of market liquidity.

One of the few fund families to offer twice-a-day pricing, Rydex Investments introduced the capability in 2000 to help investors manage intra-day risk, especially during a volatile market.

"We believe in empowering investors with the tools necessary to manage risk and enhance returns," said Kevin McGovern, mutual fund business manager at Rydex Investments. "We're pleased to be offering twice-a-day pricing to a significant investor population through the diverse distribution network of National Financial, one of the largest clearing and custody providers in the U.S."

While mutual funds are traditionally priced once a day according to their market close value, select Rydex funds on the National Financial platform will offer pricing at 10:45 a.m. and 4:00 p.m.

With the exception of the Rydex U.S. Government Money Market Fund, which is available for intra-day exchanges, the following funds price twice daily through Rydex Investments and National Financial:

Rydex Fund               Benchmark            Class H   Class C  Class A
Rydex S&P 500 Fund       S&P 500 Index®       RYSPX     RYSYX    RYSOX
Rydex Russell 2000 Fund  Russell 2000 Index®  RYRHX     RYROX    RYRRX
Rydex Dynamic Dow Fund   Dow Jones Industrial RYCVX     RYCYX    RYLDX
                         Average(SM)
Rydex Dynamic OTC Fund   Nasdaq 100 Index®    RYVYX     RYCCX    RYVLX
Rydex Dynamic Russell    Russell 2000 Index®  RYRSX     RYRLX    RYRUX
 2000 Fund
Rydex Dynamic S&P        S&P 500 Index®       RYTNX     RYCTX    RYTTX
 500 Fund
Rydex Inverse Dynamic    Dow Jones Industrial RYCWX     RYCZX    RYIDX
 Dow Fund                Average(SM)
Rydex Inverse Dynamic    Nasdaq 100 Index®    RYVNX     RYCDX    RYVTX
 OTC Fund
Rydex Inverse Dynamic    Russell 2000 Index®  RYIRX     RYIZX    RYIUX
 Russell 2000 Fund
Rydex Inverse Dynamic    S&P 500 Index®       RYTPX     RYCBX    RYTMX
 S&P 500 Fund
Rydex U.S. Government    n/a                  n/a       RYCXX    RYAXX
 Money Market Fund
About Rydex

Rydex Investments continues to drive change in the financial industry by introducing investment products and services that challenge conventional thinking, empower investors and provide essential new options for uncertain market conditions. Rydex manages $15 billion in assets via more than 60 mutual funds and exchange traded products. For more information on Rydex Investments, call 800.820.0888 or visit www.rydexinvestments.com.

For more complete information regarding Rydex funds, call 800.820.0888 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.

An investment in Rydex U.S. Government Money Market Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.

"S&P" and "S&P500" are trademarks of the McGraw-Hill Companies and have been licensed for use by Rydex Investments and its affiliates. "Dow Jones" and "Dow Jones Industrial Average(SM)" are service marks of Dow Jones & Company, Inc. and have been licensed for use for certain purposes by Rydex Investments and its affiliates. The Russell 2000 Index is a trademark of Russell Investment Group and has been licensed for use by Rydex Investments and its affiliates. Rydex funds are not sponsored, endorsed, sold or promoted by Dow Jones, Standard & Poor's, Nasdaq or the Frank Russell Company ("Russell"). The aforementioned firms make no representation regarding the advisability of investing in the funds.

Rydex Distributors, Inc., an affiliate of Rydex Investments, is the distributor of Rydex funds.

Rydex Investments and Rydex Financial Services are independent companies and are not affiliated with Fidelity or National Financial.

Contact Information