RYDEX ETF TRUST
0000 XXXXXXXXX XXXX, XXXXX 000
XXXXXXXXX, XX 00000
May 14, 2008
State Street Bank & Trust Company
Two Avenue de Lafayette-5th Floor
Boston, MA 02111
Attn: Fund Administration Department / Xxxxx Xxxxxx
Ladies and Gentlemen:
Reference is made to the Administration Agreement between Rydex ETF Trust
(the "Fund") and State Street Bank and Trust Company ("State Street") dated as
of April 29, 2005, including Schedule A (the "Agreement").
Pursuant to the Agreement, this letter is to provide written notice of the
Trust's desire to include the following (8) as additional funds (the "Additional
Funds") under the Agreement:
RYDEX 2X S&P SELECT SECTOR HEALTH CARE ETF
RYDEX INVERSE 2X S&P SELECT SECTOR HEALTH CARE ETF
RYDEX 2X S&P SELECT SECTOR TECHNOLOGY ETF
RYDEX INVERSE 2X S&P SELECT SECTOR TECHNOLOGY ETF
RYDEX 2X S&P SELECT SECTOR ENERGY ETF
RYDEX INVERSE 2X S&P SELECT SECTOR ENERGY ETF
RYDEX 2X S&P SELECT SECTOR FINANCIAL ETF
RYDEX INVERSE 2X S&P SELECT SECTOR FINANCIAL ETF
In accordance with the Additional Funds provision of Section 1 of the
Agreement, we request that State Street confirm that it will act as
Administrator with respect to the Additional Funds and that Schedule A to the
Agreement be amended in its entirety and replaced with a new Schedule A annexed
hereto.
[Signature page follows]
Please indicate your acceptance of the foregoing by executing four copies
of this Agreement, returning one to the Fund and retaining three copies for your
records.
Very truly yours,
RYDEX ETF TRUST
By: /s/ Xxxxxx Xxxxxx
------------------------------------
Name: Xxxxxx Xxxxxx
Title: Assistant Treasurer
Accepted:
STATE STREET BANK AND TRUST COMPANY
By: /s/ Xxxx X. Xxxxxx
------------------------------------
Name: Xxxx X. Xxxxxx
Title: Senior Vice President
EXHIBIT A
APPROVED AS OF APRIL 29, 2005
AMENDED AND RESTATED AS OF MAY 14, 2008
The following entities are each referred to herein as a "Fund" and are
collectively referred to herein as the "Funds":
Rydex Xxxxxxx Top 50 ETF
Rydex S&P 500 Equal Weight ETF
Rydex S&P 500 Pure Value ETF
Rydex S&P 500 Pure Growth ETF
Rydex S&P MidCap 400 Pure Value ETF
Rydex S&P MidCap 400 Pure Growth ETF
Rydex S&P SmallCap 600 Pure Value ETF
Rydex S&P SmallCap 600 Pure Growth ETF
Rydex S&P Equal Weight Consumer Discretionary ETF
Rydex S&P Equal Weight Consumer Staples ETF
Rydex S&P Equal Weight Energy ETF
Rydex S&P Equal Weight Financial ETF
Rydex S&P Equal Weight Health Care ETF
Rydex S&P Equal Weight Industrial ETF
Rydex S&P Equal Weight Materials ETF
Rydex S&P Equal Weight Technology ETF
Rydex S&P Equal Weight Utilities ETF
Rydex 2x S&P 500 ETF
Rydex Inverse 2x S&P 500 ETF
Rydex 2x S&P Midcap 400 ETF
Rydex Inverse 2x S&P Midcap 400 ETF
Rydex 2x Xxxxxxx 2000 ETF
Rydex Inverse 2x Xxxxxxx 2000 ETF
RYDEX 2X S&P SELECT SECTOR HEALTH CARE ETF
RYDEX INVERSE 2X S&P SELECT SECTOR HEALTH CARE ETF
RYDEX 2X S&P SELECT SECTOR TECHNOLOGY ETF
RYDEX INVERSE 2X S&P SELECT SECTOR TECHNOLOGY ETF
RYDEX 2X S&P SELECT SECTOR ENERGY ETF
RYDEX INVERSE 2X S&P SELECT SECTOR ENERGY ETF
RYDEX 2X S&P SELECT SECTOR FINANCIAL ETF
RYDEX INVERSE 2X S&P SELECT SECTOR FINANCIAL ETF
