New York, NY, Feb. 29, 2012 (GLOBE NEWSWIRE) -- Guggenheim Investments, the investment management division of Guggenheim Partners, LLC, today announced that effective March 1, 2012, 27 legacy Rydex|SGI exchange traded funds ("ETFs"), will be renamed with the Guggenheim name.
The rebranding of these ETFs comes as a part of Rydex|SGI’s integration into Guggenheim Partners, LLC existing investment management business to create Guggenheim Investments.
The name changes were approved by the Board of Trustees of the Rydex ETF Trust in February 2012. The ETF name transition affects all of the series of the Rydex ETF Trust. The ETFs will start trading under the Guggenheim name on the NYSE Arca at market open on Thursday, March 1, 2012. Existing ticker symbols and CUSIPs for these issues will not change. The following is a list of the new ETF issue names.
| Issue Symbol | Current Issue Name1 | New Issue Name1 | CUSIP |
| EWAC | Rydex MSCI ACWI Equal Weight ETF | Guggenheim MSCI ACWI Equal Weight ETF | 78355W528 |
| EWEF | Rydex MSCI EAFE Equal Weight ETF | Guggenheim MSCI EAFE Equal Weight ETF | 78355W544 |
| EWEM | Rydex MSCI Emerging Markets Equal Weight ETF | Guggenheim MSCI Emerging Markets Equal Weight ETF | 78355W536 |
| EWMD | Rydex S&P MidCap 400 Equal Weight ETF | Guggenheim S&P MidCap 400 Equal Weight ETF | 78355W510 |
| EWRI | Rydex Russell 1000 Equal Weight ETF | Guggenheim Russell 1000 Equal Weight ETF | 78355W593 |
| EWRM | Rydex Russell MidCap Equal Weight ETF | Guggenheim Russell MidCap Equal Weight ETF | 78355W577 |
| EWRS | Rydex Russell 2000 Equal Weight ETF | Guggenheim Russell 2000 Equal Weight ETF | 78355W585 |
| EWSM | Rydex S&P SmallCap 600 Equal Weight ETF | Guggenheim S&P SmallCap 600 Equal Weight ETF | 78355W494 |
| RCD | Rydex S&P 500 Equal Weight Consumer Discretionary ETF | Guggenheim S&P 500 Equal Weight Consumer Discretionary ETF | 78355W882 |
| RFG | Rydex S&P Midcap 400 Pure Growth ETF | Guggenheim S&P Midcap 400 Pure Growth ETF | 78355W601 |
| RFV | Rydex S&P Midcap 400 Pure Value ETF | Guggenheim S&P Midcap 400 Pure Value ETF | 78355W502 |
| RGI | Rydex S&P 500 Equal Weight Industrials ETF | Guggenheim S&P 500 Equal Weight Industrials ETF | 78355W833 |
| RHS | Rydex S&P 500 Equal Weight Consumer Staples ETF | Guggenheim S&P 500 Equal Weight Consumer Staples ETF | 78355W874 |
| RPG | Rydex S&P 500 Pure Growth ETF | Guggenheim S&P 500 Pure Growth ETF | 78355W403 |
| RPV | Rydex S&P 500 Pure Value ETF | Guggenheim S&P 500 Pure Value ETF | 78355W304 |
| RSP | Rydex S&P 500 Equal Weight ETF | Guggenheim S&P 500 Equal Weight ETF | 78355W106 |
| RSU | Rydex 2x S&P 500 ETF | Guggenheim 2x S&P 500 ETF | 78355W783 |
| RSW | Rydex Inverse 2x S&P 500 ETF | Guggenheim Inverse 2x S&P 500 ETF | 78355W767 |
| RTM | Rydex S&P 500 Equal Weight Materials ETF | Guggenheim S&P 500 Equal Weight Materials ETF | 78355W825 |
| RYE | Rydex S&P 500 Equal Weight Energy ETF | Guggenheim S&P 500 Equal Weight Energy ETF | 78355W866 |
| RYF | Rydex S&P 500 Equal Weight Financials ETF | Guggenheim S&P 500 Equal Weight Financials ETF | 78355W858 |
| RYH | Rydex S&P 500 Equal Weight Healthcare ETF | Guggenheim S&P 500 Equal Weight Healthcare ETF | 78355W841 |
| RYT | Rydex S&P 500 Equal Weight Technology ETF | Guggenheim S&P 500 Equal Weight Technology ETF | 78355W817 |
| RYU | Rydex S&P 500 Equal Weight Utilities ETF | Guggenheim S&P 500 Equal Weight Utilities ETF | 78355W791 |
| RZG | Rydex S&P Smallcap 600 Pure Growth ETF | Guggenheim S&P Smallcap 600 Pure Growth ETF | 78355W809 |
| RZV | Rydex S&P Smallcap 600 Pure Value ETF | Guggenheim S&P Smallcap 600 Pure Value ETF | 78355W700 |
| XLG | Rydex Russell Top 50 ETF | Guggenheim Russell Top 50 ETF | 78355W205 |
Guggenheim Investments offers a diverse exchange traded product ("ETP") line-up and is the eighth largest U.S. exchange traded product ("ETP") provider with more than $11 billion in exchange traded assets.2
Guggenheim Investments
Guggenheim Investments represents the investment management businesses of Guggenheim Partners, LLC, which consist of investment managers with approximately $127 billion in combined total assets.3Collectively, Guggenheim Investments has a long, distinguished history of serving institutional investors, ultra-high-net-worth individuals, family offices and financial intermediaries. Guggenheim Investments offers clients a wide range of differentiated capabilities built on a proven commitment to investment excellence. Guggenheim Investments has offices in Chicago, New York City and Santa Monica, along with a global network of offices throughout the United States, Europe, and Asia.
1 Shares of the Funds are distributed by Rydex Distributors, LLC.
2 Sources: BlackRock and Guggenheim Investments analysis. As of 12/31/2011
3The total asset figure is as of Q4 2011 and includes $8.8B of leverage for Assets Under Management and $0.8B of leverage for Serviced Assets. Total assets includes Security Investors (d/b/a, Security Global Investors and Rydex Investments), Guggenheim Partners Asset Management, Guggenheim Investment Management, Guggenheim Funds and its affiliated entities, and some business units including Guggenheim Real Estate, Guggenheim Structured Real Estate Advisors, Guggenheim Aviation, GS GAMMA Advisors, Guggenheim Partners Europe, Transparent Value Advisors, and Guggenheim Partners India Management. Values from some funds are based upon prior periods.
Guggenheim Investments offers investors a broad range of ETPs--domestic and international equity, fixed-income and currency--to provide the core building blocks for portfolios, access to hard-to-reach market segments, as well as targeted investment choices.
Read an ETF’s prospectus and summary prospectus (if available) carefully before investing. It contains the ETF’s investment objectives, risks, charges, expenses and other information, which should be considered carefully before investing. Obtain a prospectus and summary prospectus (if available) for ETFs and other funds distributed by Rydex Distributers, LLC at rydex-sgi.com or call 800.820.0888. Obtain a prospectus and summary prospectus (if available) for ETFs and other funds distributed by Guggenheim Funds Distributors, Inc. at guggenheimfunds.com or call 800.345.7999.
Guggenheim Investments represents the investment management businesses of Guggenheim Partners, LLC ("GP"), which includes Security Investors, LLC ("SI") and Guggenheim Funds Investment Advisors, LLC ("GFIA"), the investment advisors to the Rydex and Guggenheim ETFs, respectively. Guggenheim Funds Distributors, Inc. and Rydex Distributors, LLC are affiliated with GP, GFIA and SI.