INVESTMENT SUB-ADVISORY AGREEMENTInvestment Sub-Advisory Agreement • April 29th, 2016 • Rydex Variable Trust • Delaware
Contract Type FiledApril 29th, 2016 Company JurisdictionAGREEMENT made this 30th day of April, 2015, by and between Security Investors, LLC, a Kansas limited liability company (the “Adviser”), and CLS Investments, LLC, a Nebraska limited liability company (the “Sub-Adviser”).