AMENDMENT,
DATED JUNE 1, 2003,
TO
ACCOUNTING SERVICES AGREEMENT
BETWEEN RYDEX DYNAMIC FUNDS
AND RYDEX FUND SERVICES, INC.
DATED MAY 1, 2000,
AS AMENDED
AMENDMENT TO
ACCOUNTING SERVICES AGREEMENT
BETWEEN
RYDEX DYNAMIC FUNDS
AND
RYDEX FUND SERVICES, INC.
The following Amendment is made to the Accounting Services Agreement between the
Trust and the Servicer, and is hereby incorporated into and made a part of the
Accounting Services Agreement:
SCHEDULE A
RYDEX FUND SERVICES, INC.
FEE SCHEDULE FOR ACCOUNTING SERVICES
------------------------------------
RYDEX DYNAMIC FUNDS - Each Separate Fund
A. ANNUAL FEE - (Based upon average net assets - payable monthly) shall be:
----------
Basis Point Fee
---------------
15 Basis Points
B. In addition, all out-of-pocket expenses shall be separately charged,
shall include but not be limited to: printed forms, postage, overnight
mail and telephone expense.
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 1st day of June, 2003.
RYDEX DYNAMIC FUNDS
/S/ Xxxxxx X. Xxxxxx, Xx.
------------------------------
By: Xxxxxx X. Xxxxxx, Xx.
Title: President
RYDEX FUND SERVICES, INC.
/S/ Xxxxxx X. Xxxxxx, Xx.
------------------------------
By: Xxxxxx X. Xxxxxx, Xx.
Title: President
