] just slashed the price of A-shares for a money market fund. Yesterday the Guggenheim
subsidiary revealed that on January 3 it eliminated the 25-basis-point 12b-1 fee for the Rydex Series Funds U.S. Government Money Market Fund
's A shares, reducing its expense ratio to 93 bps [see filing
] (C shares of the fund cost 193 bps, thanks to a trail of 100 bps).
could not immediately reach a Rydex spokesperson for comment on the move.
The money fund boasts about $1.05 billion in assets.
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