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Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that your shares, when redeemed, may be worth more or less than their original price.

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Fund Symbol Prospectus Annual Report Semi-Annual
Report
Statement of
Additional
Information
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Absolute Return Strategies - H Class  RYMSX         
Alternative Strategies Allocation - H Class  RYFOX         
Banking - Investor Class  RYKIX         
Basic Materials - Investor Class  RYBIX         
Biotechnology - Investor Class  RYOIX         
Commodities Strategy Fund - H Class  RYMBX         
Consumer Products - Investor Class  RYCIX         
Dow 2x Strategy - H Class  RYCVX         
Electronics - Investor Class  RYSIX         
Energy - Investor Class  RYEIX         
Energy Services - Investor Class  RYVIX         
Essential Portfolio Aggressive - H Class  RYGHX         
Essential Portfolio Conservative - H Class  RYEPX         
Essential Portfolio Moderate - H Class  RYMLX         
Europe 1.25x Strategy - H Class  RYEUX         
Financial Services - Investor Class  RYFIX         
Government Long Bond 1.2x Strategy - Inv Class  RYGBX         
Health Care - Investor Class  RYHIX         
Hedged Equity - H Class  RYSTX         
High Yield Strategy - H Class  RYHGX         
International Rotation Fund - H Class  RYFHX         
Internet - Investor Class  RYIIX         
Inverse Dow 2x Strategy - H Class  RYCWX         
Inverse Government Long Bond Strategy - Inv Class  RYJUX         
Inverse High Yield Strategy - H Class  RYIHX         
Inverse Mid-Cap Strategy - H Class  RYMHX         
Inverse NASDAQ-100® 2x Strategy - H Class  RYVNX         
Inverse NASDAQ-100® Strategy - Investor Class  RYAIX         
Inverse Russell 2000 Strategy - H Class  RYSHX         
Inverse Russell 2000® 2x Strategy - H Class  RYIRX         
Inverse S&P 500 2x Strategy - H Class  RYTPX         
Inverse S&P 500 Strategy - Investor Class  RYURX         
Japan 2x Strategy - H Class  RYJHX         
Large-Cap Growth - H Class  RYAWX         
Large-Cap Value - H Class  RYZAX         
Leisure - Investor Class  RYLIX         
Managed Futures Strategy - H Class  RYMFX         
Mid-Cap 1.5x Strategy - H Class  RYMDX         
Mid-Cap Growth - H Class  RYBHX         
Mid-Cap Value - H Class  RYAVX         
Multi-Cap Core Equity - H Class  RYQMX         
NASDAQ-100® - Investor Class  RYOCX         
NASDAQ-100® 2x Strategy - H Class  RYVYX         
Nova - Investor Class  RYNVX         
Precious Metals - Investor Class  RYPMX         
Real Estate - H Class  RYHRX         
Retailing - Investor Class  RYRIX         
Russell 2000® - H Class  RYRHX         
Russell 2000® 1.5x Strategy - H Class  RYMKX         
Russell 2000® 2x Strategy - H Class  RYRSX         
Rydex 2x Russell 2000 ETF  RRY         
Rydex 2x S&P 500 ETF  RSU         
Rydex 2x S&P MidCap 400 ETF  RMM         
Rydex 2x S&P Select Sector Energy ETF  REA         
Rydex 2x S&P Select Sector Financial ETF  RFL         
Rydex 2x S&P Select Sector Health Care ETF  RHM         
Rydex 2x S&P Select Sector Technology ETF  RTG         
Rydex Inverse 2x Russell 2000 ETF  RRZ         
Rydex Inverse 2x S&P 500 ETF  RSW         
Rydex Inverse 2x S&P MidCap 400 ETF  RMS         
Rydex Inverse 2x S&P Select Sector Energy ETF  REC