American Stock Exchange Lists Eight New Rydex ETFs

NEW YORK, June 13  /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today announced that on June 12, 2008 it launched trading in eight new exchange traded funds (ETFs) by Rydex Investments (Rydex). These new products bring the total number of Amex-listed ETFs to 406.

"We are pleased to support Rydex as they continue to grow their family of ETFs and provide investors with new choices," said Scott Ebner, Senior Vice President of the Amex ETF Marketplace.  "These eight new Rydex products offer investors inverse and leveraged inverse exposure to the energy, financial, health care and technology sectors, using some of the most widely followed sector indexes in the U.S."

The new Rydex ETFs are:

Rydex 2x S&P Select Sector Energy ETF (AMEX:REA) seeks investment results that match the performance of a specific benchmark, before fees and expenses, on a daily basis. The Fund's current benchmark is 200% of the performance of the Energy Select Sector Index.

Rydex Inverse 2x S&P Select Sector Energy ETF (AMEX:REC) seeks to provide investment results that match the performance of a specific benchmark, before fees and expenses, on a daily basis. The Fund's current benchmark is 200% of the inverse (opposite) of the performance of the Energy Select Sector Index.

Rydex 2x S&P Select Sector Financial ETF (AMEX:RFL) seeks to provide investment results that match the performance of a specific benchmark, before fees and expenses, on a daily basis. The Fund's current benchmark is 200% of the performance of the Financial Select Sector Index.

Rydex Inverse 2x S&P Select Sector Financial ETF (AMEX:RFN) seeks to provide investment results that match the performance of a specific benchmark, before fees and expenses, on a daily basis. The Fund's current benchmark is 200% of the inverse (opposite) of the performance of the Financial Select Sector Index.

Rydex 2x S&P Select Sector Health Care ETF (AMEX:RHM) seeks to provide investment results that match the performance of a specific benchmark, before fees and expenses, on a daily basis. The Fund's current benchmark is 200% of the performance of the Health Care Select Sector Index.

Rydex Inverse 2x S&P Select Sector Health Care ETF (AMEX:RHO) seeks to provide investment results that match the performance of a specific benchmark, before fees and expenses, on a daily basis. The Fund's current benchmark is 200% of the inverse (opposite) of the performance of the Health Care Select Sector Index.

Rydex 2x S&P Select Sector Technology ETF (AMEX:RTG) seeks to provide investment results that match the performance of a specific benchmark, before fees and expenses, on a daily basis. The Fund's current benchmark is 200% of the performance of the Technology Select Sector Index.

Rydex Inverse 2x S&P Select Sector Technology ETF (AMEX:RTW) seeks to provide investment results that match the performance of a specific benchmark, before fees and expenses, on a daily basis. The Fund's current benchmark is 200% of the inverse (opposite) of the performance of the Technology Select Sector Index.

Goldman Sachs Execution & Clearing, LP is the specialist for REA, REC, RFL and RFN.  Kellogg Capital Group, LLC is the specialist for RHM, RHO, RTG and RTW.

About the American Stock Exchange

The American Stock Exchange(R) (Amex(R)) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 406 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/ 

DATASOURCE: American Stock Exchange



CONTACT:  Bari Trontz of American Stock Exchange, [phone],

 



Web site:  http://www.amex.com/ 

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