Dynamic S&P 500 Fund — new fund registration

RYDEX DYNAMIC FUNDS registered fund series on Form 485APOS, filed 2007-02-14. Featured series: Dynamic S&P 500 Fund.

Registration

Series & classes (24)

SeriesClassTickerNew
Dynamic S&P 500 FundARYTTX
Dynamic S&P 500 FundCRYCTX
Dynamic S&P 500 FundHRYTNX
Inverse Dynamic S&P 500 FundARYTMX
Inverse Dynamic S&P 500 FundCRYCBX
Inverse Dynamic S&P 500 FundHRYTPX
Dynamic OTC FundARYVLX
Dynamic OTC FundCRYCCX
Dynamic OTC FundHRYVYX
Inverse Dynamic OTC FundARYVTX
Inverse Dynamic OTC FundCRYCDX
Inverse Dynamic OTC FundHRYVNX
Dynamic Dow FundARYLDX
Dynamic Dow FundCRYCYX
Dynamic Dow FundHRYCVX
Inverse Dynamic Dow FundARYIDX
Inverse Dynamic Dow FundCRYCZX
Inverse Dynamic Dow FundHRYCWX
Dynamic Russell 2000 FundA-Class SharesRYRUX
Dynamic Russell 2000 FundC-Class SharesRYRLX
Dynamic Russell 2000 FundH-Class SharesRYRSX
Inverse Dynamic Russell 2000 FundA-Class SharesRYIUX
Inverse Dynamic Russell 2000 FundC-Class SharesRYIZX
Inverse Dynamic Russell 2000 FundH-Class SharesRYIRX

Fees (from the effective prospectus)

Investment objective

The Fund seeks to provide investment results that match, before fees and expenses, the performance of a specific benchmark on a daily basis. The Funds current benchmark is 200% of the performance of the S&P 500 Index (the underlying index). The Fund does not seek to achieve its investment objective over a period of time greater than one day.

Advisers

Other filings by this registrant (11)

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