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RYDEX SERIES TRUST
SUPPLEMENT DATED AUGUST 11, 1998 TO
PROSPECTUS DATED AUGUST 1, 1998
THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION BEYOND THAT CONTAINED IN
THE PROSPECTUS AND SHOULD BE RETAINED AND READ IN CONJUNCTION WITH THE
PROSPECTUS.
Rydex Series Trust (the "Trust") is soliciting subscriptions for Investor Class
shares of the Arktos Fund during a subscription period that commenced on August
4, 1998, and is currently expected to end on or about September 1, 1998. To
indicate your interest in purchasing Investor Class shares of the Arktos Fund,
please fill out and send an application to the Trust or call the Trust at
1-800-820-0888 (See "HOW TO INVEST IN THE FUNDS").
The Trust will commence the continuous offering of shares of the Arktos Fund
provided the subscriptions for the Arktos Fund equal at least $10 million. The
Trust may extend the subscription period for the Arktos Fund if it does not have
subscriptions of at least $10 million as of September 1, 1998.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
