<PAGE>
As Filed With The Securities And Exchange Commission On November 21, 1997.
File Nos. 333-03093 and 811-07615
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Form N-3
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (X)
Pre-Effective Amendment No. ( )
Post-Effective Amendment No. 2 (X)
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT
COMPANY ACT OF 1940 (X)
Amendment No. 4 (X)
RYDEX ADVISOR VARIABLE ANNUITY ACCOUNT
(Exact Name of Registrant)
GREAT AMERICAN RESERVE INSURANCE COMPANY
(Name of Insurance Company)
11815 North Pennsylvania Street, Carmel, Indiana 46032
(Address of Insurance Company's Principal Executive Offices)
(Zip Code)
(800) 437-3506
(Insurance Company's Telephone Number, Including Area Code)
Karl W. Kindig, Esq.
Great American Reserve Insurance Company
11815 North Pennsylvania Street
Carmel, Indiana 46032
(Name and Address of Agent for Service of Process)
Copies to:
Michael Berenson, Esq.
Ann B. Furman, Esq.
Jorden Burt Berenson & Johnson LLP
1025 Thomas Jefferson Street, N.W.
Suite 400 East
Washington, D. C. 20007-0805
Approximate Date of Commencement of the Proposed Public Offering of the
Securities:
It is proposed that this filing will become effective (check appropriate
box):<PAGE>
immediately upon filing pursuant to paragraph (b) of rule 485
X on December 22, 1997 pursuant to paragraph (b)(1)(v) of rule 485
60 days after filing pursuant to paragraph (a)(1) of rule 485
on (date) pursuant to paragraph (a)(1) of rule 485
75 days after filing pursuant to paragraph (a)(2) of rule 485
on (date) pursuant to paragraph (a)(2) of rule 485
If appropriate, check the following box:
X This post-effective amendment designates a new effective date for a
previously-filed post-effective amendment.
Pursuant to Rule 24f-2 under the Investment Company Act of 1940, the
Registrant declares that an indefinite amount of individual variable
annuity contracts is being registered under the Securities Act of 1933. <PAGE>
Part A, Part B, and Part C of Registrant's Post-Effective Amendment No. 1
under the Securities Act of 1933 and Amendment No. 3 under the Investment
Company Act of 1940, filed on September 24, 1997, are incorporated by
reference herein and this Post-Effective Amendment is being filed under
Rule 485(b)(1)(v) under the Securities Act of 1933 for the sole purpose of
delaying the effectiveness of the above-referenced Amendment. <PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant's sponsor, GREAT AMERICAN
RESERVE INSURANCE COMPANY, certifies that it meets the requirements for
e f fectiveness of this post-effective amendment to its registration
statement pursuant to Rule 485(b) under the Securities Act of 1933 and has
duly caused this post-effective amendment no. 2 to this registration
statement to be signed on its behalf by the undersigned thereunto duly
authorized, and the seal of the sponsor to be hereunto affixed and
attested, all in the City of Carmel, State of Indiana, on the 21st day of
November, 1997.
GREAT AMERICAN RESERVE
INSURANCE COMPANY
By: /s/ Donald F. Gongaware
Donald F. Gongaware, President
Great American Reserve
Insurance Company<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant, RYDEX ADVISOR VARIABLE
ANNUITY ACCOUNT, certifies that it meets the requirements for effectiveness
of this post-effective amendment to its registration statement pursuant to
Rule 485(b) under the Securities Act of 1933 and has duly caused this post-
effective amendment no. 2 to this registration statement to be signed on
its behalf by the undersigned thereunto duly authorized in the City of
Rockville, State of Maryland, on the 20th day of November, 1997.
RYDEX ADVISOR VARIABLE
ANNUITY ACCOUNT
/s/Albert P. Viragh, Jr.
Albert P. Viragh, Jr.,
Chairman of the Board of Managers,
Rydex Advisor Variable Annuity Account
As required by the Securities Act of 1933, this registration
statement has been signed by the following persons in the capacities with
the Registrant and on the dates indicated on this 20th day of November,
1997.
<TABLE>
<CAPTION>
Signature Title Date
<S> <C> <C>
/s/Albert P. Viragh, Jr. Chairman of the Board of November 20, 1997
Albert P. Viragh, Jr. Managers, Principal
Executive Officer, and
President
Corey A. Colehour* Member of the Board of November 20, 1997
Corey A. Colehour Managers
J. Kenneth Dalton* Member of the Board of November 20, 1997
J. Kenneth Dalton Managers
Roger Somers*
Roger Somers Member of the Board of November 20, 1997
Managers
/s/L. Gregory Gloeckner
L. Gregory Gloeckner Member of the Board of November 21, 1997
Managers
/s/Carl G. Verboncoeur Vice President and November 20, 1997
Carl G. Verboncoeur Treasurer
/TABLE
<PAGE>
*By: /s/Albert P. Viragh, Jr.
Albert P. Viragh, Jr.
Attorney-in-Fact<PAGE>
