Second Expense Sample Contracts

SECOND EXPENSE REIMBURSEMENT AND/OR WAIVER AGREEMENT—SECURITY INVESTORS, LLC
Second Expense • July 31st, 2023 • Rydex Dynamic Funds

THIS AGREEMENT, dated as of August 1, 2023, is made and entered into by and between Security Investors, LLC (the “Adviser”) and Rydex Dynamic Funds (the “Trust”) on behalf of the underlying series of the Trust set forth in Schedule A hereto (each referred to herein as a “Fund”), as it may be amended from time to time. This Agreement shall apply to each Fund listed in Schedule A.

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SECOND EXPENSE REIMBURSEMENT AND/OR WAIVER AGREEMENT—SECURITY INVESTORS, LLC
Second Expense • July 31st, 2023 • Rydex Series Funds

THIS AGREEMENT, dated as of August 1, 2023, is made and entered into by and between Security Investors, LLC (the “Adviser”) and Rydex Series Funds (the “Trust”) on behalf of the underlying series of the Trust set forth in Schedule A hereto (each referred to herein as a “Fund”), as it may be amended from time to time. This Agreement shall apply to each Fund listed in Schedule A.

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