Updates
Bookmark GuggenheimInvestments.com for valuable customer information; our updated Services & Support page provides useful links for both current and prospective shareholders. Users can download account forms and applications, explore the literature library, review our tax guide, and more.
Thanksgiving Holiday Trading Schedule
Please refer to the table below for the trading schedule during the upcoming Thanksgiving holiday. On Friday, November 27, 2020, trading cutoff times will be 3 hours earlier than normal. In addition, the Client Services Department will close at 2:00 PM ET. All times Eastern.
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Funds
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Thursday 11/26/2020
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High Yield Strategy Inverse High Yield Strategy
Emerging Markets Bond Strategy
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CLOSED
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12:30 PM (P)
12:45 PM (W)
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Government Long Bond 1.2x Strategy
Inverse Government Long Bond Strategy
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12:45 PM (P) 12:55 PM (W)
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Sector Funds
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12:30 PM (P) 12:50 PM (W)
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Funds that normally price twice per day
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12:45 PM (P) 12:55 PM (W) (No AM Pricing)
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Funds with a normal trading cutoff of 4:00 PM
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1:00 PM
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All other funds
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12:45 PM (P)
12:55 PM (W)
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(P) Phone Trading Cutoff
(W) Web Trading Cutoff
Share Splits for Select Rydex Mutual Funds
Throughout August, Guggenheim will conduct reverse share splits for a total of 10 Rydex mutual funds and 4 Variable Trust Funds. The share splits will occur in three phases. In phase one, shareholders of record on August 7, 2020 for 4 mutual funds will see reverse share splits. Phase two will include reverse share splits for six Rydex funds for shareholders of record on August 14, 2020. Phase three will include a reverse share split for 4 Rydex Variable Trust funds for shareholders of record on August 21, 2020. Share splits will apply to all classes of shares and will not impact the aggregate value of assets as a result of the share splits.
To learn more:
Recent Tax Updates
The following tax relief actions have been extended to Individual Retirement Account (IRA) owners due to the impacts of COVID-19:
- The IRS has extended the deadline for making IRA contributions for 2019 to July 15, 2020.
- The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law which eliminated the Required Minimum Distribution (RMD) for the 2020 tax year.
Please contact our Client Services Team at 800.820.0888 if you have any questions about your account.
This update is for informational purposes only and does not constitute accounting, legal, or tax advice. You should consult with your own accounting, legal, or tax advisors if you have any questions about how these updates affect you.
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Read a prospectus and summary prospectus (if available) carefully before investing. It contains the investment objective, risks, charges, expenses, and the other information which should be considered carefully before investing. To obtain a prospectus and summary prospectus (if available), visit GuggenheimInvestments.com or call 800.820.0888.
Guggenheim Investments represents the investment management businesses of Guggenheim Partners, LLC (“Guggenheim”), which includes Security Investors, LLC (“SI”), Guggenheim Funds Investment Advisors, LLC, (“GFIA”) and Guggenheim Partners Investment Management (“GPIM”), the investment advisers to the referenced funds. Securities offered through Guggenheim Funds Distributors, LLC, an affiliate of Guggenheim, SI, GFIA, and GPIM. © 2019 Guggenheim Investments. All rights reserved.
