RYWDX : Rydex Weakening Dollar 2x Strategy Fund Class A

Fund Summary

The investment seeks to provide investment results that match, before fees and expenses, 200% of the inverse (opposite) of the performance of the U.S. Dollar Index® on a daily basis. The fund employs as its investment strategy a program of engaging in short sales of securities generally included in the underlying index and investing in derivative instruments. The U.S. Dollar Index® measures the performance of the U.S. dollar against a basket of foreign currencies that include the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. The fund is non-diversified.