AMENDMENT DATED AUGUST 27, 2007 TO THE AMENDED AND RESTATED SERVICE AGREEMENT BETWEEN RYDEX SERIES FUNDS AND RYDEX FUND SERVICES, INC., DATED NOVEMBER 15, 2004, AS AMENDED
AMENDMENT
DATED AUGUST 27, 2007
TO THE AMENDED AND RESTATED
SERVICE AGREEMENT
BETWEEN
RYDEX SERIES FUNDS
AND RYDEX FUND SERVICES, INC.,
DATED NOVEMBER 15, 2004,
AS AMENDED
AMENDMENT
DATED AUGUST 27, 2007
TO THE
AMENDED AND RESTATED
SERVICE AGREEMENT
DATED NOVEMBER 15, 2004, AS AMENDED,
BETWEEN
RYDEX SERIES FUNDS
AND
RYDEX FUND SERVICES, INC.
The following Amendment is made to Section 4 of the Amended and Restated Service
Agreement between Rydex Series Funds (the "Trust") and Rydex Fund Services, Inc.
(the "Servicer"), dated November 15, 2004, as amended to date (the "Agreement"),
and is hereby incorporated into and made a part of the Agreement:
Section 4 of the Agreement is amended, effective August 27, 2007, to read as
follows:
As consideration for the services provided hereunder, the Trust will pay the
Servicer a fee on the last day of each month in which this Agreement is in
effect, at the following annual rates based on the average daily net assets (the
"Assets") of each of the Trust's series for such month:
GOVERNMENT LONG BOND 1.2X STRATEGY FUND
0.20% of Assets
U.S. GOVERNMENT MONEY MARKET FUND
0.20% of Assets
NOVA FUND
0.25% of Assets
INVERSE S&P 500 STRATEGY FUND
0.25% of Assets
OTC FUND
0.25% of Assets
INVERSE OTC STRATEGY FUND
0.25% of Assets
INVERSE GOVERNMENT LONG BOND STRATEGY FUND
0.25% of Assets
NOVA MASTER FUND
0.0% of Assets
INVERSE S&P 500 STRATEGY MASTER FUND
0.0% of Assets
INVERSE OTC STRATEGY MASTER FUND
0.0% of Assets
INVERSE GOVERNMENT LONG BOND STRATEGY MASTER FUND
0.0% of Assets
EUROPE 1.25X STRATEGY FUND
0.25% of Assets
JAPAN 1.25X STRATEGY FUND
0.25% of Assets
XXXXXXX 2000(R) 1.5X STRATEGY FUND
0.25% of Assets
MID-CAP 1.5X STRATEGY FUND
0.25% of Assets
LARGE-CAP VALUE FUND
0.25% of Assets
LARGE-CAP GROWTH FUND
0.25% of Assets
MID-CAP VALUE FUND
0.25% of Assets
MID-CAP GROWTH FUND
0.25% of Assets
INVERSE MID-CAP STRATEGY FUND
0.25% of Assets
SMALL-CAP VALUE FUND
0.25% of Assets
SMALL-CAP GROWTH FUND
0.25% of Assets
INVERSE XXXXXXX 2000(R) STRATEGY FUND
0.25% of Assets
STRENGTHENING DOLLAR 2X STRATEGY FUND
0.25% of Assets
WEAKENING DOLLAR 2X STRATEGY FUND
0.25% of Assets
BANKING FUND
0.25% of Assets
BASIC MATERIALS FUND
0.25% of Assets
BIOTECHNOLOGY FUND
0.25% of Assets
CONSUMER PRODUCTS FUND
0.25% of Assets
ELECTRONICS FUND
0.25% of Assets
ENERGY FUND
0.25% of Assets
ENERGY SERVICES FUND
0.25% of Assets
FINANCIAL SERVICES FUND
0.25% of Assets
HEALTH CARE FUND
0.25% of Assets
INTERNET FUND
0.25% of Assets
LEISURE FUND
0.25% of Assets
PRECIOUS METALS FUND
0.25% of Assets
REAL ESTATE FUND
0.25% of Assets
RETAILING FUND
0.25% of Assets
TECHNOLOGY FUND
0.25% of Assets
TELECOMMUNICATIONS FUND
0.25% of Assets
TRANSPORTATION FUND
0.25% of Assets
UTILITIES FUND
0.25% of Assets
COMMODITIES STRATEGY FUND
0.25% of Assets
SECTOR ROTATION FUND
0.25% of Assets
MULTI-CAP CORE EQUITY FUND
0.25% of Assets
ABSOLUTE RETURN STRATEGIES FUND
0.25% of Assets
MARKET NEUTRAL FUND
0.25% of Assets
HEDGED EQUITY FUND
0.25% of Assets
S&P 500 FUND
0.25% of Assets
XXXXXXX 2000(R) FUND
0.25% of Assets
ESSENTIAL PORTFOLIO MODERATE FUND
0.25% of Assets
ESSENTIAL PORTFOLIO CONSERVATIVE FUND
0.25% of Assets
ESSENTIAL PORTFOLIO AGGRESSIVE FUND
0.25% of Assets
MANAGED FUTURES STRATEGY FUND
0.25% of Assets
HIGH YIELD STRATEGY FUND
0.25% of Assets
INVERSE HIGH YIELD STRATEGY FUND
0.25% of Assets
INTERNATIONAL ROTATION FUND
0.25%
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 27th day of August, 2007.
RYDEX SERIES FUNDS
By: /s/ Xxxx X. Xxxxxxxxxxx
---------------------------
Name: Xxxx X. Xxxxxxxxxxx
Title: President
RYDEX FUND SERVICES, INC.
By: /s/ Xxxx X. Xxxxxxxxxxx
---------------------------
Name: Xxxx X. Xxxxxxxxxxx
Title: President
