AMENDMENT
DATED FEBRUARY 16, 2007
TO THE
ACCOUNTING SERVICES AGREEMENT
BETWEEN
RYDEX SERIES FUNDS
AND RYDEX FUND SERVICES, INC.,
DATED SEPTEMBER 25, 1996,
AS AMENDED
AMENDMENT
DATED FEBRUARY 16, 2007
TO THE
ACCOUNTING SERVICES AGREEMENT
DATED SEPTEMBER 25, 1996, AS AMENDED,
BETWEEN
RYDEX SERIES FUNDS
AND
RYDEX FUND SERVICES, INC.
The following Amendment, which supercedes all previous amendments, is made to
the Accounting Services Agreement between Rydex Series Funds (the "Trust") and
Rydex Fund Services, Inc. (the "Servicer"), dated September 25, 1996, as amended
to date (the "Agreement"), and is hereby incorporated into and made a part of
the Agreement:
The fourth paragraph under the section "Witnesseth" of the Agreement
is amended, effective May 24, 2006, 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: Government Long
Bond Advantage Fund (formerly U.S. Government Bond Fund), U.S. Government
Money Market Fund, Nova Fund, Inverse S&P 500 Fund (formerly Ursa Fund),
OTC Fund, Inverse OTC Fund (formerly Arktos Fund), Inverse Government Long
Bond Fund (formerly Juno Fund), Nova Master Fund, Inverse S&P 500 Master
Fund (formerly Ursa Master Fund), OTC Master Fund, Inverse OTC Master Fund
(formerly Arktos Master Fund), Inverse Government Long Bond Master Fund
(formerly Juno Master Fund), Mid-Cap Advantage Master Fund (formerly
Medius Master Fund), Europe Advantage Fund (formerly Large-Cap Europe
Fund), Japan Advantage Fund (formerly Large-Cap Japan Fund), All-Cap Value
Fund, Xxxxxxx 2000 Advantage Fund (formerly Mekros Fund), Mid-Cap
Advantage Fund (formerly Medius Fund), Large-Cap Value Fund, Large-Cap
Growth Fund, Mid-Cap Value Fund, Mid-Cap Growth Fund, Inverse Mid-Cap
Fund, Small-Cap Value Fund, Small-Cap Growth Fund, Inverse Xxxxxxx 2000
Fund (formerly Inverse Small-Cap Fund), Dynamic Strengthening Dollar Fund
(formerly Strengthening Dollar Fund), Dynamic Weakening Dollar Fund
(formerly Weakening Dollar Fund), Banking Fund, Basic Materials Fund,
Biotechnology Fund, Commodities Funds, Consumer Products Fund, Electronics
Fund, Energy Fund, Energy Services Fund, Financial Services Fund, Health
Care Fund, Internet Fund, Leisure Fund, Precious Metals Fund, Real Estate
Fund, Retailing Fund, Technology Fund, Telecommunications Fund,
Transportation Fund, Utilities Fund, Utilities Master Fund, Sector
Rotation Fund, Multi-Cap Core Equity Fund (formerly Core Equity Fund),
Absolute Return Strategies Fund, Market Neutral Fund, Hedged Equity Fund,
S&P 500 Fund, Xxxxxxx 2000 Fund, EPT Moderate Fund, EPT Conservative Fund,
EPT Aggressive Fund, Managed Futures Fund, HIGH YIELD STRATEGY FUND, AND
INVERSE HIGH YIELD STRATEGY FUND (collectively, the "Rydex Funds");
ADDITIONS ARE 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 16th day of February, 2007.
RYDEX SERIES FUNDS
/s/ Xxxx X. Xxxxxxxxxxx
----------------------------
By: Xxxx X. Xxxxxxxxxxx
Title: President
RYDEX FUND SERVICES, INC.
/s/ Xxxx X. Xxxxxxxxxxx
----------------------------
By: Xxxx X. Xxxxxxxxxxx
Title: President
