AMENDMENT
DATED AUGUST 27, 2007
TO THE
ACCOUNTING SERVICES AGREEMENT
BETWEEN
RYDEX SERIES FUNDS
AND RYDEX FUND SERVICES, INC.,
DATED SEPTEMBER 25, 1996,
AS AMENDED
AMENDMENT
DATED AUGUST 27, 2007
TO THE
ACCOUNTING SERVICES AGREEMENT
DATED SEPTEMBER 25, 1996, AS AMENDED,
BETWEEN
RYDEX SERIES FUNDS
AND
RYDEX FUND SERVICES, INC.
The following Amendment, which supercedes all previous amendments, is made to
the Accounting Services Agreement between Rydex Series Funds (the "Trust") and
Rydex Fund Services, Inc. (the "Servicer"), dated September 25, 1996, as amended
to date (the "Agreement"), and is hereby incorporated into and made a part of
the Agreement:
The fourth paragraph under the section "Witnesseth" of the Agreement
is amended, effective August 27, 2007, 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: Government Long
Bond 1.2x Strategy Fund, U.S. Government Money Market Fund, Nova Fund,
Inverse S&P 500 Strategy Fund, OTC Fund, Inverse OTC Strategy Fund,
Inverse Government Long Bond Strategy Fund, Nova Master Fund, Inverse S&P
500 Strategy Master Fund, Inverse OTC Strategy Master Fund, Inverse
Government Long Bond Strategy Master Fund, Europe 1.25x Strategy Fund,
Japan 1.25x Xxxxxxxx Xxxx, Xxxxxxx 0000 1.5x Strategy Fund, Mid-Cap 1.5x
Strategy Fund, Large-Cap Value Fund, Large-Cap Growth Fund, Mid-Cap Value
Fund, Mid-Cap Growth Fund, Inverse Mid-Cap Strategy Fund, Small-Cap Value
Fund, Small-Cap Growth Fund, Inverse Xxxxxxx 2000 Strategy Fund,
Strengthening Dollar 2x Strategy Fund, Weakening Dollar 2x Strategy Fund,
Banking Fund, Basic Materials Fund, Biotechnology Fund, Commodities
Strategy Fund, Consumer Products Fund, Electronics Fund, Energy Fund,
Energy Services Fund, Financial Services Fund, Health Care Fund, Internet
Fund, Leisure Fund, Precious Metals Fund, Real Estate Fund, Retailing
Fund, Technology Fund, Telecommunications Fund, Transportation Fund,
Utilities Fund, Sector Rotation Fund, Multi-Cap Core Equity Fund, Absolute
Return Strategies Fund, Market Neutral Fund, Hedged Equity Fund, S&P 500
Fund, Xxxxxxx 2000 Fund, Essential Portfolio Moderate Fund, Essential
Portoflio Conservative Fund, Essential Portfolio Aggressive Fund, Managed
Futures Strategy Fund, High Yield Strategy Fund, Inverse High Yield
Strategy Fund and INTERNATIONAL ROTATION FUND (collectively, the "Rydex
Funds").
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
/S/ Xxxx X. Xxxxxxxxxxx
-------------------------------
By: Xxxx X. Xxxxxxxxxxx
Title: President
RYDEX FUND SERVICES, INC.
/S/ Xxxx X. Xxxxxxxxxxx
-------------------------------
By: Xxxx X. Xxxxxxxxxxx
Title: President
