New York, Nov. 1, 2011 (GLOBE NEWSWIRE) -- In response to recent reports that Security Investors, LLC ("Rydex|SGI") owns more than five percent of MF Global Holdings Ltd ("MF Global"), Rydex|SGI stated today that its exposure to MF Global as of September 30, 2011, including the exposure of mutual funds and ETFs managed by Rydex|SGI, is substantially less than 0.25 percent of MF Global’s outstanding common stock. Currently, six Rydex|SGI index-based funds hold MF Global’s stock in approximately the same proportion as in each fund’s underlying index.
Rydex|SGI manages approximately $24 billion in assets, including approximately $8.3 billion in exchange traded product assets. The firm offers institutional investors and financial intermediaries a broad spectrum of traditional and non-traditional investment options that span four distinct disciplines: fundamental alpha (actively-managed equity and fixed-income), alternative strategies, target beta strategies, and ETFs.
Read the fund’s prospectus and summary prospectus (if available) carefully before investing. It contains the fund’s investment objectives, risks, charges, expenses and other information, which should be considered carefully before investing. Obtain a prospectus and summary prospectus (if available) at www.rydex-sgi.com or call 800.820.0888.
Rydex|SGI funds are distributed by Rydex Distributors, LLC (RDL). Security Investors, LLC (SI) is a registered investment advisor, and does business as Security Global Investors® and Rydex Investments.