Rydex Etf Trust - Definitive materials filed by investment companies. (497)
25 Setembro 2008 - 7:01AM
Edgar (US Regulatory)
RYDEX ETF TRUST
SUPPLEMENT DATED SEPTEMBER 24, 2008
TO THE
RYDEX ETF TRUST PROSPECTUS
(LEVERAGED AND INVERSE SELECT SECTOR ETFS)
DATED MAY 20, 2008
AND ALL SUPPLEMENTS THERETO
THIS SUPPLEMENT PROVIDES NEW AND ADDITIONAL INFORMATION THAT SUPPLEMENTS
INFORMATION CONTAINED IN THE RYDEX ETF TRUST PROSPECTUS DATED MAY 20, 2008 (THE
"PROSPECTUS") AND SHOULD BE READ IN CONJUNCTION WITH THE PROSPECTUS.
Recent market events, including the emergency action announced by the
Securities and Exchange Commission on September 18, 2008, temporarily
prohibiting short sales of shares of certain financial companies, has
had the effect of restricting the Adviser's ability to employ certain
swaps, futures and options, as well as short sales, in its investment
strategy. Consequently, the Adviser has been forced, and may continue
to be forced, to implement alternative investment strategies to seek
each Fund's investment objective. As a result, during this period of
continued market unrest, each Fund is likely to have higher than normal
tracking error. Nonetheless, the Adviser will continue to make every
effort to seek to achieve each Fund's investment objective, but can
give no assurances that it will be able to do so.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE.
ETFSS-1-SUP-0908x0309
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