Rydex Leisure Fund Class C

This fund's primary goal is to achieve capital appreciation. Under ordinary circumstances, it commits at least 80% of its total assets to equity holdings of U.S.-listed companies within the leisure sector. Additionally, it leverages derivative instruments, predominantly futures contracts and options that track individual securities, other futures, and broad stock market indices. A significant portion of its investments may also target leisure businesses with small to medium market capitalizations. For exposure to international leisure companies, the fund has the option to acquire American Depositary Receipts (ADRs), and it may also hold U.S. government debt.