has achieved a coup in the distribution of their ETFs. Eight of its ETFs have been added to the platform of Invest n Retire, a retirement provider based in Portland. "As investors have become familiar with the benefits offered by exchange traded funds, including affordability and transparency, we've seen an overwhelming demand for ETF exposure within qualified accounts," says Tim Meyer, ETF business manager at Rydex Investments.
ROCKVILLE, MD--(Marketwire - September 12, 2007) - Investors seeking the benefits of exchange traded fund investing within a tax-deferred retirement plan now have more options. Rydex Investments today announced the availability of eight ETFs in Invest n Retire (INR) retirement plans. A market leader in using ETFs in qualified accounts, INR provides advanced technology that enables investors to own whole and fractional shares of ETFs in their retirement portfolios without incurring the expense of opening a separate, self-directed brokerage account.
"As investors have become familiar with the benefits offered by exchange traded funds, including affordability and transparency, we've seen an overwhelming demand for ETF exposure within qualified accounts," says Tim Meyer, ETF business manager at Rydex Investments. "We're pleased to partner with Invest n Retire so that investors now have a cost-effective way to access Rydex ETFs within a tax-deferred retirement plan."
With over $5 billion in ETF assets under management, Rydex's lineup of approximately two dozen exchange traded products offers a wide range of investment options, including broad market, style, sector and currency exposures. Currently, the following Rydex ETFs are available in Invest n Retire plans:
Rydex S&P Equal Weight ETF (AMEX: RSP)
Rydex S&P 500 Pure Growth ETF (AMEX: RPG)
Rydex S&P 500 Pure Value ETF (AMEX: RPV)
Rydex S&P MidCap 400 Pure Growth ETF (AMEX: RFG)
Rydex S&P MidCap 400 Pure Value ETF (AMEX: RFV)
Rydex S&P SmallCap 600 Pure Growth ETF (AMEX: RZG)
Rydex S&P SmallCap 600 Pure Value ETF (AMEX: RZV)
Rydex Russell Top 50® ETF (AMEX: XLG)
"Rydex is a leader in innovation of investment options, having introduced many industry firsts: the first leveraged equity fund, the first leveraged fixed-income fund, the first inverse equity fund, the first inverse fixed-income fund, the first funds to price twice daily," says Darwin Abrahamson, CEO of Invest n Retire, LLC. "I am excited to add Rydex ETFs from a firm that has been a leader in innovation of specialized investments."
About Invest n Retire, LLC
Invest n Retire‚ LLC (INR)‚ located in Portland, Oregon‚ was founded in response to the overwhelming demand for leading edge technology that can deliver financial tools and services to 401(k) plans. INR's uniquely designed system (patent pending) for managing tax-deferred retirement plans addresses and solves two major problems: (i) the move from defined benefit‚ profit sharing‚ and money purchase plans to defined contribution plans which forces employees to become investment experts and (ii) the high costs associated with the traditional investment options offered to employees.
INR's proprietary system includes asset allocation models designed by the plan's financial consultant‚ portfolio rebalancing‚ online enrollment‚ investment education‚ daily valuation‚ and investment options which include an array of exchange-traded funds (ETFs) and Dimensional Fund Advisors institutional index funds. For more information visit www.investnretire.com.
About Rydex Investments
Rydex Investments continues to drive change in the financial industry by introducing investment products and services that challenge conventional thinking, empower investors and provide essential new options for uncertain market conditions. Rydex manages approximately $15 billion in assets via more than 80 mutual funds and exchange traded products.
For more complete information regarding Rydex funds, call 800.820.0888 or visit www.rydexinvestments.com for a prospectus. Investors should carefully consider the investment objectives, risks, charges and expenses of a fund carefully before investing. The fund's prospectus contains this and other information about the fund. Please read the prospectus carefully before you invest or send money.
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