Exhibit H4
AMENDMENT TO
ACCOUNTING SERVICES AGREEMENT
BETWEEN
RYDEX SERIES TRUST
AND
PADCO SERVICES COMPANY, INC.
The following Amendment is made to the ServiceAgreement between the Trust and
the Servicer, and is hereby incorporated into and made a part of the Service
Agreement:
The fourth paragraph under the section "Witnesseth" of the Service
Agreement is amended, effective August 11, 1998, to read as follows:
WHEREAS, the board of trustees of the trust, pursuant to Article IV,
Section 4.01(o), "Board of Trustees; Powers," of the Trust Declaration,
have created the following series of shares of the Trust: The Nova Fund,
The Ursa Fund, The OTC Fund, The Precious Metals Fund, The Juno Fund, The
U.S. Government Bond Fund, The U.S. Government Money Market Fund, THE
ARKTOS FUND,The Rydex High Yield Fund, THE BANKING FUND, THE BASIC
MATERIALS FUND, THE BIOTECHNOLOGY FUND, THE CONSUMER PRODUCTS FUND, THE
ELECTRONICS FUND, THE ENERGY FUND, THE ENERGY SERVICES FUND, THE FINANCIAL
SERVICES FUND, THE HEALTH CARE FUND, THE LEISURE FUND, THE RETAILING FUND,
THE TECHNOLOGY FUND, THE TELECOMMUNICATIONS FUND, AND THE TRANSPORTATION
FUND (collectively, the "Rydex Funds");
ADDITIONS AND [DELETIONS] NOTED IN BOLD.
In witness whereof, the parties hereto have caused this Amendment to be
executed in their names and on their behalf and through their duly-authorized
officers as of the 11th day of August 1998.
RYDEX SERIES TRUST
/S/ XXXXXX X. XXXXXX, XX.
---------------------------------
By: Xxxxxx X. Xxxxxx, Xx.
Title: President
PADCO SERVICE COMPANY, INC.
/S/ XXXXXX X. XXXXXX, XX.
---------------------------------
By: Xxxxxx X. Xxxxxx, Xx.
Title: President