Guggenheim S&P Midcap 400 Pure Growth ETF (RFG)

Rydex S&P Midcap 400 Pure Growth ETF is an exchange-traded fund incorporated in the USA. It seeks to provide investment results that correspond to the daily performance of the S&P MidCap 400/Citigroup Pure Growth Index. The S&P MidCap 400/Citigroup Pure Growth Index is narrow in focus, containing only those S&P MidCap 400 companies with strong growth characteristics as selected by Standard & Poor’s. As of December 31, 2006, the Underlying Index included 116 of the constituents that comprise the S&P MidCap 400. As of December 31, 2006, the S&P MidCap 400/Citigroup Pure Growth Index included companies with an average market capitalization of approximately $3 billion. The Fund will use a “replication” strategy to try to track the Index. “Replication” refers to investing in substantially all of the securities in the Underlying Index in approximately the same proportions as in the Underlying Index. (Source: www.rydexfunds.com)Introduced in 1991, S&P MidCap 400 is now the most widely used index for mid-sized companies. Today, mid caps are being recognized as an independent asset class, with risk/reward profiles that differ considerably from both large-caps and small-caps. S&P MidCap 400 is a core component of the U.S. indices that could be used as building blocks for portfolio construction. Index constituents exhibit the following characteristics: * Market Coverage – Over 7% of the U.S. equities market * Weighting – Market capitalization * Market Capitalization – US$ 1 billion to US$ 4.5 billion * Public Float – At least 50% * Reconstitution – As needed basis (Source: www2.standardandpoors.com) [read more]

Last Trade: $105.16 Trade Time: 05/23/2013 Prev Close: $105.16 Open: $103.77 High: $105.29 Low: $102.45 Volume: 34,337 Optionable: No

Yield: 0.592 Annual Dividend: 0.623 Dividend Freq: Quarterly Leverage: No Inverse: No Expense Ratio: 0.350 Inception Date: 03/01/2006