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RYDEX SERIES FUNDS
U.S GOVERNMENT MONEY MARKET FUND
SUPPLEMENT DATED MAY 11, 2000 TO THE
INVESTOR CLASS AND ADVISOR CLASS CONSOLIDATED PROSPECTUSES
DATED AUGUST 1, 1999, AS SUPPLEMENTED APRIL 1, 2000
This supplement provides new and additional information beyond that contained in
the Prospectuses and should be read in conjunction with the Prospectuses.
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The NAV of the U.S Government Money Market Fund is determined once each
Business Day at the close of the New York Stock Exchange (currently 4:00 p.m.,
Eastern Time). To receive the current Business Day's dividend, the transfer
agent must receive your purchase order for shares of the U.S. Government Money
Market Fund before 1:00 p.m., Eastern Time.
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PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
