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RYDEX SERIES FUNDS
SUPPLEMENT DATED APRIL 1, 2000 TO THE
INTERNATIONAL FUNDS PROSPECTUS
DATED MAY 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 effective date of the International Funds Prospectus, which offers shares of
the Large-Cap Europe Fund and Large-Cap Japan Fund (the "Funds"), is April 1,
2000. The Funds plan to begin operations and commence the continuous offering of
their shares on or about May 1, 2000.
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PLEASE RETAIN THIS SUPPLEMENT UNTIL THE FUNDS COMMENCE
OPERATIONS. YOU MAY DISCARD THIS SUPPLEMENT AT THAT TIME.
