EXHIBIT 99(h)(7)
AMENDMENT,
DATED FEBRUARY 14, 2003,
TO
ACCOUNTING SERVICES AGREEMENT
BETWEEN RYDEX VARIABLE TRUST
AND RYDEX FUND SERVICES, INC.,
DATED AUGUST 11, 1998,
AS AMENDED
AMENDMENT TO
ACCOUNTING SERVICES AGREEMENT
BETWEEN
RYDEX VARIABLE TRUST
AND
RYDEX FUND SERVICES, INC.
The following Amendment is made to the Service Agreement between the Trust and
the Servicer, and is hereby incorporated into and made a part of the Accounting
Services Agreement:
The fourth paragraph under the section "Witnesseth" of the Accounting
Services Agreement is amended, effective February 14, 2003, to read as
follows:
WHEREAS, the board of trustees of the Trust (the "Trustees") have
created the following Funds of the Trust: The U.S. Government Bond Fund,
The U.S. Government Money Market Fund, The Nova Fund, The Ursa Fund, The
Arktos Fund, The Juno Fund, The Rydex OTC Fund, The Titan 500 Fund, The
Tempest 500 Fund, The Velocity 100 Fund, The Venture 100 Fund, The
Large-Cap Europe Fund, The Large-Cap Japan Fund, The Mekros Fund, The
Medius Fund, The All-Cap Value Fund, The Banking Fund, The Basic Materials
Fund, The Mid Cap Fund, The Biotechnology Fund, The Core Equity Fund, The
Consumer Products Fund, The Electronics Fund, The Energy Fund, The Energy
Services Fund, The Financial Services Fund, The Health Care Fund, The
Internet Fund, The Leisure Fund, The Precious Metals Fund, The Real Estate
Fund, The Retailing Fund, The REIT Fund, The Sector Rotation Fund, The
Technology Fund, The Telecommunications Fund, The Transportation Fund, The
Utilities Fund, The Xxxxxxx Fund and The Clermont Fund (collectively, the
"Rydex Funds");
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 18th day of November 2002.
RYDEX VARIABLE TRUST
----------------------------------
By: Xxxxxx X. Xxxxxx, Xx.
Title: President
RYDEX FUND SERVICES, INC.
----------------------------------
By: Xxxxxx X. Xxxxxx, Xx.
Title: President
