AMENDMENT,
DATED FEBRUARY 25, 2000,
TO
ACCOUNTING SERVICES AGREEMENT
BETWEEN RYDEX SERIES TRUST
AND PADCO SERVICE COMPANY, INC.,
DATED SEPTEMBER 25, 1996,
AS AMENDED
AMENDMENT TO
ACCOUNTING SERVICES AGREEMENT
BETWEEN
RYDEX SERIES TRUST
AND
PADCO SERVICE COMPANY, 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:
The fourth paragraph under the section "Witnesseth" of the
Accounting Services Agreement is amended, effective February 25, 2000,
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:
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 URSA
II FUND, THE ARKTOS II FUND, THE JUNO II FUND, THE URSA MASTER FUND,
THE ARKTOS MASTER FUND, THE JUNO MASTER FUND, The Rydex OTC Fund, THE
LARGE-CAP EUROPE Fund, THE LARGE-CAP JAPAN FUND, The Banking Fund, The
Basic Materials Fund, The Biotechnology 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 Retailing Fund, The
Technology Fund, The Telecommunications Fund, and The Transportation
Fund, and THE UTILITIES FUND (collectively, the "Rydex Funds");
ADDITIONS and [DELETIONS] 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 25th day of February 2000.
RYDEX SERIES TRUST
/S/ Xxxxxx X. Xxxxxx, Xx.
--------------------------
By: Xxxxxx X. Xxxxxx, Xx.
Title: President
PADCO SERVICE COMPANY, INC.
/S/ Xxxxxx X. Xxxxxx, Xx.
--------------------------
By: Xxxxxx X. Xxxxxx, Xx.
Title: President
