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Products August 8, 2001
GoldK Adds A Dozen New Funds
August 8, 2001(PLANSPONSOR.com) - Waltham,
Massachusetts-based GoldK has announced the addition of 12
new funds managed by Rydex Funds to its investment
platform.
Reported by Nicole Halsey
The new funds include Rydex’s benchmark-based funds, the
Nova Fund, which seeks to provide returns that correspond
to 150 percent of the Standard & Poor’s 500 performance
on a daily basis, and the OTC Fund, which was the first
mutual fund to track the Nasdaq 100
Index.
Besides the benchmarks, GoldK has added 10 Rydex sector funds including:
- Basic Materials
- Biotechnology
- Electronics
- Energy
- Energy Services
- Financial Services
- Health Care
- Retailing
- Technology
- Telecommunications.
Each fund will offer an advisor class of shares.