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RYDEX DYNAMIC FUNDS
SUPPLEMENT DATED SEPTEMBER 26, 2000
TO THE RYDEX DYNAMIC FUNDS PROSPECTUS
DATED MARCH 1, 2000
This supplement provides new and additional information beyond that contained in
the Prospectus and should be read in conjunction with the Prospectus.
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THE FOLLOWING PARAGRAPH SUPPLEMENTS AND, TO THE EXTENT IT MAY CONTRADICT
DISCLOSURE IN THE PROSPECTUS, SUPERCEDES THE INFORMATION FOUND ON PAGES 19 AND
20 OF THE PROSPECTUS:
DIRECT INVESTMENT IN THE DYNAMIC FUNDS
In most cases, Investors may only invest in a Dynamic Fund through an exchange
transaction, as described in the Prospectus. Nonetheless, you may be able to
purchase shares of the Dynamic Funds through your financial intermediary,
without first purchasing shares of the Money Market Fund. Please contact your
financial intermediary directly for more information and to determine if this
option is available to you.
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PLEASE RETAIN THIS SUPPLEMENT
FOR FUTURE REFERENCE