SOURCE: Rydex Investments

December 05, 2008 17:15 ET

Rydex Investments Announces Capital Gains Distributions for RydexShares™ ETFs

ROCKVILLE, MD--(Marketwire - December 5, 2008) - Rydex Investments today announced updated capital gains estimates for its RydexShares exchange traded fund lineup. Although estimates may change based on fluctuations in ETF assets, the firm expects to pay distributions for seven of its 31 ETFs on Wednesday, December 31, 2008. The chart below depicts the portion of the assets to be distributed based on NAV.

                   Ex-Dividend               Payable   STCG*  LTCG*  Total*
Fund Name  Ticker     Date     Record Date    Date       %      %      %
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex
 Inverse 2x
 Russell
 2000®
 ETF         RRZ    12/10/2008  12/12/2008  12/31/2008  0.00% 10.19% 10.19%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex
 Inverse
 2x S&P
 500 ETF     RSW    12/10/2008  12/12/2008  12/31/2008  0.00% 13.79% 13.79%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex
 Inverse
 2x S&P
 Select
 Sector
 Health
 Care ETF    RHO    12/10/2008  12/12/2008  12/31/2008 27.61%  0.00% 27.61%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex
 Inverse
 2x S&P
 Mid Cap
 400 ETF     RMS    12/10/2008  12/12/2008  12/31/2008 10.29% 17.47% 27.76%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex
 Inverse
 2x S&P
 Select
 Sector
 Financial
 ETF         RFN    12/10/2008  12/12/2008  12/31/2008 33.04%  5.71% 38.75%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex
 Inverse
 2x S&P
 Select
 Sector
 Technology
 ETF         RTW    12/10/2008  12/12/2008  12/31/2008 50.68%  0.00% 50.68%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex
 Inverse
 2x Select
 Sector
 Energy
 ETF         REC    12/10/2008  12/12/2008  12/31/2008 73.85%  0.00% 73.85%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex
 Russell
 Top 50®
 ETF         XLG                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 Equal
 Weight
 ETF         RSP                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 500 Pure
 Value ETF   RPV                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 500 Pure
 Growth
 ETF         RPG                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 Mid Cap
 400 Pure
 Value ETF   RFV                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 Mid Cap
 400 Pure
 Growth
 ETF         RFG                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 Small Cap
 600 Pure
 Value ETF   RZV                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 Small Cap
 600 Pure
 Growth
 ETF         RZG                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 Equal
 Weight
 Materials
 ETF         RTM                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 Equal
 Weight
 Industrial
 ETF         RGI                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 Equal
 Weight
 Technology
 ETF         RYT                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 Equal
 Weight
 Health
 Care ETF    RYH                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 Equal
 Weight
 Consumer
 Staples
 ETF         RHS                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 Equal
 Weight
 Consumer
 Discreti-
 onary ETF   RCD                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 Equal
 Weight
 Energy
 ETF         RYE                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 Equal
 Weight
 Financial
 ETF         RYF                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex S&P
 Equal
 Weight
 Utilities
 ETF         RYU                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex 2x
 S&P 500
 ETF         RSU                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex 2x
 S&P Mid
 Cap 400
 ETF         RMM                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex 2x
 S&P
 Select
 Sector
 Energy
 ETF         REA                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex 2x
 Russell
 2000®
 ETF         RRY                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex 2x
 S&P
 Select
 Sector
 Financial
 ETF         RFL                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex 2x
 S&P
 Select
 Sector
 Technology
 ETF         RTG                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----
Rydex 2x
 S&P
 Select
 Sector
 Health
 Care ETF    RHM                                        0.00%  0.00%  0.00%
---------  ------- ----------- ----------- ----------- -----  -----  -----

*Estimates based on fund assets as of December 4, 2008. Funds may be subject to additional income distributions.

About Rydex Investments

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 approximately $12 billion in assets via nearly 100 mutual funds and exchange traded products.

For more complete information regarding RydexShares™, including management fees and expenses, call 877.RYDEX34 or visit www.rydexinvestments.com for a prospectus. Investors should carefully consider the investment objectives, risks, charges and expenses of a fund before investing. A fund's prospectus contains this and other information about the fund. Please read the prospectus carefully before you invest or send money.

Securities are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

The funds are not sponsored, endorsed, sold or promoted by Standard and Poor's Corporation or the Frank Russell Company. The aforementioned companies 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.