Exhibit 99.H4
AMENDMENT
DATED DECEMBER 7, 2010
TO THE
ACCOUNTING SERVICES AGREEMENT
BETWEEN
RYDEX SERIES FUNDS
AND RYDEX FUND SERVICES, INC.,
DATED SEPTEMBER 25, 1996,
AS AMENDED
AMENDMENT
DATED DECEMBER 7, 2010
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 December 7, 2010, 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, NASDAQ-100(R) Fund, Inverse NASDAQ-100(R)
Strategy Fund, Inverse Government Long Bond Strategy Fund, Europe 1.25x
Xxxxxxxx Xxxx, Xxxxxxx 0000(X) 1.5x Strategy Fund, Mid-Cap 1.5x Strategy
Fund, S&P 500 Pure Value Fund, S&P 500 Pure Growth Fund, S&P MidCap 400
Pure Value Fund, S&P MidCap 400 Pure Growth Fund, Inverse Mid-Cap Strategy
Fund, S&P SmallCap 600 Pure Value Fund, S&P SmallCap 600 Pure Growth Fund,
Inverse Xxxxxxx 2000(R) 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, U.S. Long
Short Momentum Fund, Multi-Hedge Strategies Fund, S&P 500 Fund, Xxxxxxx
2000(R) Fund, All-Asset Conservative Strategy Fund, All-Asset Moderate
Strategy Fund, All-Asset Aggressive Strategy Fund, Managed Futures Strategy
Fund, High Yield Strategy Fund, Inverse High Yield Strategy Fund,
International Long Short Select Fund, Japan 2x Strategy Fund, Alternative
Strategies Allocation Fund, Equity Market Neutral Fund, Long/Short
Commodities Strategy Fund, Event Driven and Distressed Strategies Fund,
Alternative Strategies Fund, Long Short Equity Strategy Fund, Long Short
Interest Rate Strategy Fund, International 2x Strategy Fund, Inverse
International 2x Strategy Fund, Emerging Markets 2x Strategy Fund, Inverse
Emerging Markets 2x Strategy Fund, GLOBAL MACRO FUND AND MANAGED FUTURES
ALPHA 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 7th day of December, 2010.
RYDEX SERIES FUNDS
/s/ Xxxxxxx X. Xxxxxxx
--------------------------------------------
By: Xxxxxxx X. Xxxxxxx
Title: President
RYDEX FUND SERVICES, LLC
/s/ Xxxx Xxxxx
--------------------------------------------
By: Xxxx Xxxxx
Title: President and Chief Executive Officer
