Legal Information

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TO THE FULLEST EXTENT PERMISSIBLE BY APPLICABLE LAW, GUGGENHEIM INVESTMENTS DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NONINFRINGEMENT.  GUGGENHEIM INVESTMENTS ALSO RESERVES THE RIGHT TO ALTER THE CONTENT OF THE SITE IN ANY WAY, AT ANY TIME, FOR ANY REASON, WITHOUT PRIOR NOTIFICATION.

TO THE FULLEST EXTENT PERMISSIBLE BY APPLICABLE LAW, NEITHER GUGGENHEIM INVESTMENTS NOR ITS AFFILIATES NOR ANY OF ITS OR THEIR EMPLOYEES, AGENTS, DIRECTORS, EMPLOYEES, PROPRIETORS, PARTNERS, REPRESENTATIVES, SHAREHOLDERS, SERVANTS, ATTORNEYS, PREDECESSORS, SUCCESSORS AND ASSIGNS WILL BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES (INCLUDING BUT NOT LIMITED TO LOST PROFITS, AND DAMAGES THAT RESULT FROM INCONVENIENCE, DELAY, OR LOSS OF USE OF THE SERVICES PROVIDED AT THE SITE) ARISING OUT OF USE OF THE SITE, THE INFORMATION OR OTHER CONTENT CONTAINED ON THE SITE, OR INVESTMENTS MADE BASED ON INFORMATION OBTAINED AT THE SITE (HOWEVER ARISING, INCLUDING NEGLIGENCE), EVEN IF GUGGENHEIM INVESTMENTS HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR LOSSES.

YOU ASSUME THE RESPONSIBILITY TO TAKE ADEQUATE PRECAUTIONS AGAINST DAMAGES TO YOUR SYSTEMS OR OPERATIONS WHICH COULD BE CAUSED BY DEFECTS OR DEFICIENCIES IN THIS WEBSITE, ANY GUGGENHEIM INVESTMENTS INFORMATION, SERVICE, SYSTEM, DATABASE OR MATERIAL, OR PART THEREOF. YOU ALSO ACKNOWLEDGE THAT ELECTRONIC COMMUNICATIONS AND DATABASES ARE SUBJECT TO ERRORS, TAMPERING AND BREAK-INS AND THAT WHILE GUGGENHEIM INVESTMENTS WILL IMPLEMENT REASONABLE SECURITY PRECAUTIONS TO ATTEMPT TO PREVENT SUCH OCCURRENCES, GUGGENHEIM INVESTMENTS DOES NOT GUARANTEE THAT SUCH EVENTS WILL NOT TAKE PLACE. YOUR INSTALLATION AND INPUTS, AS WELL AS THIRD PARTY SYSTEMS AND PROCEDURES, MAY INFLUENCE THE OUTPUT AND ERRORS IN ANY ORDER OR ELECTRONIC TRANSMISSION OR COMMUNICATION, AND CAN RESULT IN SUBSTANTIAL ERRORS IN OUTPUT, INCLUDING INCORRECT INFORMATION, ORDERS AND AGREEMENTS. IN ADDITION, ERRORS MAY BE INTRODUCED INTO INFORMATION OR ORDERS IN THE COURSE OF THEIR TRANSMISSION OVER ELECTRONIC NETWORKS. YOU SHALL IMPLEMENT AND TAKE RESPONSIBILITY FOR APPROPRIATE REVIEW AND CONFIRMATION PROCEDURES TO VERIFY AND CONFIRM ORDERS OR OTHER TRANSACTIONS IN WHICH YOU PARTICIPATE USING GUGGENHEIM INVESTMENTS WEBSITE, INFORMATION, SERVICES, DATABASES, SYSTEMS OR OTHER MATERIAL.

YOU ALSO ARE SOLELY RESPONSIBLE FOR ENSURING THAT ANY POSTING MADE BY OR FOR YOU TO THIS WEBSITE OR ANY GUGGENHEIM INVESTMENTS INFORMATION SERVICE, SYSTEM, OR DATABASE:

1. CONTAINS ONLY INFORMATION THAT YOU OWN OR ARE AUTHORIZED TO SHARE WITHOUT ANY CONFIDENTIALITY AGREEMENT, FIDUCIARY DUTY, OR OTHER RESTRICTION ON OUR USE;

2. DOES NOT INFRINGE THE INTELLECTUAL PROPERTY RIGHT OF ANY THIRD PARTY;

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YOU HEREBY AGREE TO INDEMNIFY, DEFEND AND HOLD GUGGENHEIM INVESTMENTS AND ITS EMPLOYEES, AGENTS, REPRESENTATIVES, LICENSORS AND SUPPLIERS HARMLESS FROM ANY LIABILITY, CLAIM, COST OR DAMAGE ARISING OUT OF ANY CLAIM OR SUIT CAUSED BY  BREACH OF THIS AGREEMENT, INCLUDING WITHOUT LIMITATION ANY OBLIGATION, WARRANTY OR REPRESENTATIONS PROVIDED HEREIN.

IN NO EVENT SHALL GUGGENHEIM INVESTMENTS‘ AGGREGATE CUMULATIVE LIABILITY IN ANY CIRCUMSTANCES UNDER ANY CAUSE OF ACTION WHATSOEVER ARISING OUT OF OR RELATING TO YOUR USE OF THIS SITE EXCEED $50.

No Professional Advice is Being Given

The information contained in this web site is not intended as, and is no substitute for, professional tax, financial or legal advice; individuals should seek such professional advice for their particular situation.  

Content and any related services are provided for informational purposes only, and you should not construe any content or related services as investment, tax, insurance, financial or legal recommendations or advice by Guggenheim Investments. No content or related services available on or through this site shall be considered, and no such materials or services constitute, a solicitation to buy, an offer to sell or advice regarding a security or other financial instrument to any person in any jurisdiction where such offer or solicitation is not allowed. You are responsible for determining whether any investment, security or strategy, or any other product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. You should consult an attorney or tax professional regarding your specific legal or tax situation.

U.S. Users Only

This website is directed to and intended for use by citizens or residents of the United States of America only. Users outside the United States who access and use this website do so at their own risk, and are responsible for compliance with applicable securities and other laws and regulations. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction, to any person to whom it is not lawful to make such an offer.

Important Securities Disclosure

All funds offered by Guggenheim Investments are offered by prospectus only. Prospectuses contain more complete information on management fees, distribution charges, and other expenses, and should be read carefully before investing or sending money. Past performance does not guarantee future results. Please remember that there is no assurance that the objective of any Guggenheim Investments Fund will be achieved and investment return and principal value will fluctuate. Fund shares, when redeemed, may be worth more or less than the original cost.

Rydex U.S. Government Money Market Fund shares are not deposits or obligations of, or guaranteed or endorsed by, any bank. Rydex U.S. Government Money Market Fund shares are not federally insured or guaranteed by the U.S. Government the Federal Deposit Insurance Corporation, the Federal Resents Board or any other agency. Shares of Rydex U.S. Government Money Market Fund, like any other Rydex fund, involve investment risks, including the possible loss of principal, An Investment in any money market fund is not guaranteed by the U.S. Government and Rydex U.S. Government Money Market Fund cannot assure that the $1.00 share price will be maintained.

For more complete information about Guggenheim Investments Funds, including sales charges and expenses call 800.820.0888, download a prospectus, or ask your financial consultant for a prospectus. Please read the prospectus carefully before you invest. For additional information, please read the Statement of Additional Information (SAI).  Shares of the Guggenheim Investments Funds are distributed through a FINRA member broker/dealer. Securities are offered in a state only if the offering entity is first registered, excluded or exempted from state broker/dealer, or other securities registration requirements, as applicable. Follow up, individualized responses to persons involving either the effecting, or attempting to effect, transactions in securities will not be made, unless made in compliance with state broker/dealer registration requirements, or an applicable exemption or exclusion.

Disclaimer of Warranties

The services and content provided on this site by Guggenheim Investments and our Information Providers are intended for your personal, non-commercial use. Users are prohibited from reproducing, retransmitting, disseminating, selling, distributing, displaying, publishing, broadcasting, circulating, creating new works from, or commercially exploiting the data provided on this website (including the content and information made available through our Information Providers on this site), in whole or in part. You may download or copy content or information displayed on the site for personal use only, provided that you maintain all copyright and other notices contained therein. Copying or storing of any content or information from the site for other than personal use is expressly prohibited without prior written permission from Guggenheim Investments and/or the Information Provider credited.

Guggenheim Investments and the Information Providers furnish the information on this site as a service.  Guggenheim Investments or its Information Providers cannot be held responsible for data accuracy or timing of information displayed. Any errors or omissions contained in such information cannot be made the basis for any claim, demand or cause of action against Guggenheim Investments or any Information Provider. Guggenheim Investments believes the services (including the information and content therein to be reliable, but accuracy is not warranted or guaranteed.

Access to and use of this website and all of Guggenheim Investments content, services, materials, information, databases and systems are subject to the disclaimers and notices contained herein, all of which are subject to change and revision from time to time at Guggenheim Investments’ sole discretion and without prior notice, and to applicable laws and regulations.

Guggenheim Investments reserves the right to terminate access to this website or take other actions it reasonably believes necessary to comply with the law or to protect its rights or customers. Any access or attempt to access or use this website for any unauthorized or illegal purpose is strictly prohibited.

Trademarks and Copyrights

Guggenheim Investments claims copyright in the compilation (including images, text and “look and feel” attributes) of and portions herein created by Guggenheim Investments, all of the foregoing, Copyright © Guggenheim Investments 2024. All rights reserved. Any commercial use requires the written permission of Guggenheim Investments. Copyright © Guggenheim Investments 2024.

Please be advised that Guggenheim Investments actively and aggressively enforces its intellectual property rights to the fullest extent of the law. Guggenheim Investments and the Guggenheim Investments logo are federally registered service marks, and we actively and aggressively enforce these intellectual property rights to the fullest extent of the law. The use or misuse of these marks is expressly prohibited and may violate federal and state trademark law.

Without Guggenheim Investments’ prior written consent, which consent may be given or withheld in Guggenheim Investments’ sole discretion, you may not:

1. Resell, sublicense, rent, or lease any Guggenheim Investments information, services or database, or any part or parts thereof of information contained therein, or any access thereto;
2. Use this website or any Guggenheim Investments information, services, database or system which you access in violation of, any federal or state law, including data privacy laws and communication regulations and tariffs, or which infringes the intellectual property rights or misuses proprietary information of a third party or is made in furtherance of an illegal or fraudulent scheme or activity;
3. Copy or transfer any Guggenheim Investments information, service, database or documentation, except as permitted by Guggenheim Investments; or
4. Modify, adapt, reverse engineer, decompile, disassemble, translate or convert any portion of Guggenheim Investments’ databases or system, or the selection, coordination or arrangement of products or services in any Guggenheim Investments database.
    

Third-party trademarks and service marks are the property of their respective owners.  Please refer to specific trademark and service mark information for each of the Guggenheim Investments Funds in their respective Prospectuses, SAIs or websites.

Such marks are not to be copied, reproduced, published or in any way used without the permission of Guggenheim Investments or the identified owner of the trademark. You must retain all copyright and other proprietary notices contained in the downloadable content displayed on this website.

“Dow Jones Industrial Average,” “DJIA,” “Euro Stoxx 50” are registered trademarks of Dow Jones Trademark Holdings LLC and have been licensed for use for S&P Dow Jones Indices LLC (“S&P DJI”) and sublicensed for certain purposes by Guggenheim Investments and its affiliates. “S&P®”, “S&P 500®”, “S&P MidCap 400®” and “S&P SmallCap 600®” and the names identifying the other licensed indices are trademarks of Standard and Poor’s Financial Services LLC (“S&P”) and have been licensed for use by S&P DJI and sublicensed for use by Guggenheim Investments and its affiliates. Russell 2000® Index is a trademark of Russell Investment Group (Russell) and has been licensed for use by Guggenheim Investments and affiliates. “Intercontinental Exchange”, “ICE”, “The U.S. Dollar Index®” and “USDX® are registered trademarks or service marks of the ICE Futures U.S., Inc. and have been licensed for use by Guggenheim Investments and its affiliates. Guggenheim Investments Funds are not sponsored, issued, endorsed, sold or promoted by Dow Jones, S&P, Citigroup, Nasdaq OMX Group, Inc., Russell Investment Group (“Russell”), ICE Futures U.S., Inc, or any affiliate of the Tokyo Stock Exchange (“TSE”).  The publisher of the Topic 100 Index, NASDAQ®, NASDAQ 100®, and NASDAQ 100 Index®, are registered trademarks of The NASDAQ OMX Group, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by Guggenheim Investments and its affiliates. Guggenheim Investments Funds have not been passed on by the Corporations as to their legality or suitability. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUNDS. The aforementioned firms make no representation regarding the advisability of investing in the funds.

Merrill Lynch Factor Model, BofA Merrill Lynch, Bank of America Merrill Lynch and the Factor Model (“BofAML IP”) are property of Merrill Lynch, Pierce, Fenner & Smith Incorporated or its affiliates (“BofAML”) and have been licensed for use by Guggenheim Investments. Certain trademarks and other marks (the “Component Sponsor Marks”) are trademarks of Standard & Poor’s Financial Services LLC, MSCI, Inc. or Frank Russell Company or any of their respective affiliates (collectively, the “Component Sponsors”) and have been licensed for use by BofAML. Neither Guggenheim Investments nor the Guggenheim Investments Funds are sponsored, endorsed, passed on, recommended, sold, or promoted by BofAML or the Entities. BofAML IP AND THE ENTITY MARKS ARE LICENSED ON AN “AS IS WHERE IS” BASIS. NEITHER BofAML NOR ANY OF ITS ENTITIES MAKES ANY WARRANTIES INCLUDING ABOUT THEIR SUITABILITY, QUALITY, ACCURACY, TIMELINESS, AND/OR COMPLETENESS AND HAVE NO LIABILITY IN CONNECTION WITH THEIR USE OR THE GUGGENHEIM INVESTMENTS FUNDS.

“BNY Mellon”, “BNY Mellon ADR Index” and “BNY Mellon Emerging Markets 50 ADR Index”, a sub index of “BNY Mellon ADR Index” are service marks of The Bank of New York Mellon and have been licensed for use for certain purposes by Security Investors, d/b/a Guggenheim Investments. The Funds are based on the BNY Mellon Emerging Markets 50 ADR Index (the “Index”) and are not sponsored, endorsed, sold, recommended or promoted by The Bank of New York Mellon or any of Its subsidiaries or affiliates, and none of The Bank of New York Mellon or any of its subsidiaries or affiliates makes any representation or warranty. express or implied, to the purchasers or owners of the Funds or any member of the public regarding the advisability of investing in financial products generally or in these products particularly, the ability of the Index to track market performance or the suitability or appropriateness of the products for such purchasers, owners or such member of the public. The relationship between The Bank of New York Mellon, on one hand, and Security Investors, d/b/a Guggenheim Investments, on the other, is limited to the licensing of certain trademarks and trade names of The Bank of New York Mellon and BNY Mellon Emerging Markets 50 ADR Index, which is determined, composed and calculated by The Bank of New York Mellon without regard to Security Investors, d/b/a Guggenheim Investments or its products. Neither The Bank of New York Mellon nor any of its subsidiaries or affiliates has any obligation to take the needs of Security Investors, d/b/a Guggenheim Investments or the purchasers or owners of its products into consideration in determining, composing or calculating the Index. Neither The Bank of New York Mellon nor any of its subsidiaries or affiliates is responsible for, or has participated in, the determination of the timing of, prices at, or quantities of the products to be issued or in the determination or calculation of the equation by which the products are to be converted into cash.

Neither The Bank of New York Mellon nor any of its subsidiaries or affiliates has any obligation or liability in connection with the administration, marketing or trading of the products. NEITHER THE BANK OF NEW YORK MELLON NOR ANY OF ITS SUBSIDIARIES OR AFFILIATES GUARANTEES THE ACCURACY OR COMPLETENESS OF THE INDEX OR ANY DATA INCLUDED THEREIN, AND NEITHER THE BANK OF NEW YORK MELLON NOR ANY OF ITS SUBSIDIARIES OR AFFILIATES SHALL HAVE ANY LIABILITY FOR ANY ERRORS, OMISSIONS OR INTERRUPTIONS THEREIN. NEITHER THE BANK OF NEW YORK MELLON NOR ANY OF ITS SUBSIDIARIES OR AFFILIATES MAKES ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE GUGGENHEIM INVESTMENTS FUNDS, PURCHASERS OR OWNERS OF THE GUGGENHEIM INVESTMENTS FUNDS OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEX OR ANY DATA INCLUDED THEREIN. NEITHER THE BANK OF NEW YORK MELLON NOR ANY OF ITS SUBSIDIARIES OR AFFILIATES MAKES ANY EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE INDEX OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL THE BANK OF NEW YORK MELLON OR ANY OF ITS SUBSIDIARIES OR AFFILIATES HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE. INDIRECT OR CONSEQUENTIAL DAMAGES (INCLUDING, WITHOUT LIMITATION, LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

Use of Indices as a Benchmark

Certain Guggenheim Investments Funds and/or Guggenheim Investments and/or its affiliates have licensed the use of indices for use in investment portfolio construction and marketing from third-party index providers (the “Index Publishers”).  The Index Publishers do not sponsor, issue, endorse, sell or promote any fund and make no representation or warranty, implied or express, and expressly disclaims any such warranty, to the investors in the funds, or any member of the public, regarding: the advisability of investing in index funds; the ability of any index to track stock market performance; the accuracy and/or the completeness of the aforementioned indices or any data included therein; the results to be obtained by any funds, the investors in funds, or any person or entity from the use of the indices or data included therein; and the merchantability or fitness for a particular purpose for use with respect to the indices or any data included therein. Further, none of the Index Publishers recommend that any person invest in funds or any other securities; have any responsibility or liability for or make any decisions about the timing, amount or pricing of funds; have any responsibility or liability for the administration, management or marketing of funds; consider the needs of funds or the investors in funds in determining, composing or calculating the indices or has any obligation to do so; will have any liability in connection with the funds or for any errors, omissions or interruptions in connection with the indices or the related data; will be liable for any bat profits or indirect punitive, special or consequential damages or losses, even if such Index Publisher knows that they might occur.

E-mail Correspondence

Guggenheim Investments Funds welcomes your e-mail correspondence. Our associates are available to address your general questions as well as respond to your suggestions for improvement. Internet and email communications are not confidential. It is possible that information transmitted to us may be read or obtained by other parties. In an attempt to protect your privacy, our e-mail responses do not include personal account information such as social security numbers or account numbers.

Third Party Content

This web site includes content that is supplied by companies that are not affiliated with Guggenheim Investments (“Third-Party Content’). Most Third-Party Content is available through framed areas or through on-going hyperlinks to a number of third-party web sites for your convenience in locating related information and services.

Neither Guggenheim Investments, nor its affiliates, have control over the information, products, opinions, or services that appear or are supplied via this Third-Party Content. Accordingly, Guggenheim Investments expressly disclaims any responsibility for the Third-Party Content, the accuracy, timeliness, completeness or usefulness of the information presented, or the quality of the products and services provided therein. You agree that you will not hold Guggenheim Investments or its affiliates liable for any losses or damages you may incur caused by your use of, or reliance on, any content, products or services made available to you through any outside website.  The fact that Guggenheim Investments has framed Third-Party Content or provided an on-going hypertext link to third-party web sites does not act as a recommendation or endorsement by Guggenheim Investments and its affiliates, either express or implied. Although Guggenheim Investments believes the information from these organizations is reliable, it cannot, and does not, guarantee or warrant the information’s completeness or suitability for any purpose.

Linking Policy

No person may establish Hyperlinks either to this website or away from this website without the prior written consent of an appropriate Guggenheim Investments officer, which consent may be given or withheld in Guggenheim Investments’ sole discretion. In its sole discretion, Guggenheim Investments reserves the right to remove a hyperlink to this website or away from this website at any time and for any reason. Contact Guggenheim Investments at 800.820.0888 to obtain this consent. All hyperlinks approved shall be to the home page of this website. Framing at this web site is expressly prohibited.

In order to avoid confusion if you do link from another website to the Guggenheim Investments website, your website, and the link itself, may not suggest that Guggenheim Investments endorses, sponsors or is affiliated with any non Guggenheim Investments website, entity, service or product, and may not make use of any Guggenheim Investments trademarks or service marks other than those contained within the text of the link.

Governing Law

If any part or parts of these Disclaimers and Notices are held to be invalid, the remaining parts will continue to be valid and enforceable. Nothing in these Disclaimers and Notices affects any statutory rights of consumers that cannot be waived or limited by contract. The use by you of this website, the Guggenheim Investments information, content, services, or other materials, and any and all other matters between Guggenheim Funds and you related hereto, shall be governed by applicable United States federal law and the laws of the State of New York, excluding its conflict-of-laws rules.

You hereby agree to waive any right to a jury trial in any suit arising out of or relating to this website or any Guggenheim Investments information, content, services or other product. Any suit or proceeding arising out of or relating hereto must be commenced within one year from the date the right, claim, demand or cause of action being asserted first came into being. Venue for all disputes arising out of or relating to this Agreement shall be in the state and federal courts situated in New York, New York.