Amendment dated May 24, 2006 to the Amended and Restated Service Agreement between Rydex Variable Trust and Rydex Fund Services, Inc., dated November 15, 2004, As Amended
Exhibit 99.B(H)(2)
Amendment
dated May 24, 2006
to the
Amended and Restated Service Agreement
between
Rydex Variable Trust
and Rydex Fund Services, Inc.,
dated November 15, 2004,
As Amended
Amendment
to the
AMENDED AND RESTATED
dated November 15, 2004, as amended,
between
and
RYDEX FUND SERVICES, INC.
The following Amendment is made to Section 4 of the Amended and Restated Service Agreement between Rydex Variable Trust (the “Trust”) and Rydex Fund Services, Inc. (the “Servicer”), 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 May 24, 2006, 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 Advantage Fund (formerly U.S. Government Bond 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 Fund (formerly Ursa Fund)
0.25% of Assets
OTC Fund
0.25% of Assets
Inverse OTC Fund (formerly Arktos Fund)
0.25% of Assets
Inverse Government Long Bond Fund (formerly Juno Fund)
0.25% of Assets
Europe Advantage Fund (formerly Large-Cap Europe Fund)
0.25% of Assets
Japan Advantage Fund (formerly Large-Cap Japan Fund)
0.25% of Assets
Xxxxxxx 2000 Advantage Fund (formerly Mekros Fund)
0.25% of Assets
Mid-Cap Advantage Fund (formerly Medius 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 Fund
0.25% of Assets
Small-Cap Value Fund
0.25% of Assets
Small-Cap Growth Fund
0.25% of Assets
Inverse Xxxxxxx 2000 Fund (formerly Inverse Small-Cap Fund)
0.25% of Assets
All-Cap Value Fund
0.25% of Assets
Dynamic Strengthening Dollar Fund (formerly Strengthening Dollar Fund)
0.25% of Assets
Dynamic Weakening Dollar Fund (formerly Weakening Dollar 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 Service 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 Fund
0.25% of Assets
Sector Rotation Fund
0.25% of Assets
Multi-Cap Core Equity Fund (formerly Core Equity Fund)
0.25% of Assets
CLS AdvisorOne Xxxxxxx VT Fund
0.25% of Assets
CLS AdvisorOne Clermont VT 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
CLS AdvisorOne Berolina Fund
0.25% of Assets
S&P 500 Fund
0.25% of Assets
Xxxxxxx 2000 Fund
0.25% of Assets
Dynamic Xxxxxxx 2000 Fund
0.25% of Assets
Inverse Dynamic Xxxxxxx 2000 Fund
0.25% of Apssets
EPT Moderate Fund
0.25%
EPT Conservative Fund
0.25%
EPT Aggressive 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 24th day of May, 2006.
|
|
|||||
|
|
|
||||
|
|
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 |
|||
