The Markets January 10, 2007

GuideStone Adds SRI Target Date Funds

GuideStone Financial Resources has added five Christian-based, socially-screened target funds to its mutual fund offerings.
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GuideStone offers retirement services including retirement and executive compensation plans, personal and institutional investment products and recordkeeping services to churches, ministries, hospitals and educational institutions, according to a press release.

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“Our participants are looking for a simple retirement solution coupled with responsible and competitive investments,” said John Jones, chief operating officer at GuideStone, in the press release. “We believe our date target funds fulfill this need.”

The funds are targeted to retirement dates in 10-year increments from 2005 to 2045 and each will be a diversified fund-of-funds that primarily uses GuideStone’s Select Funds as the underlying investments.

The new target date funds launched on January 2, 2007 include:

  • MyDestination 2005 Fund

  • MyDestination 2015 Fund

  • MyDestination 2025 Fund

  • MyDestination 2035 Fund

  • MyDestination 2045 Fund

The MyDestination 2005 Fund is intended for participants who have reached retirement age, but are still seeking an actively managed investment option.

Additional information about MyDestination Funds is available at www.GuideStone.org/MyDestination.

The Markets January 10, 2007

Rydex Expands Offering of Twice-a-Day Fund Pricing

Rydex Investments has announced it will expand the availability of twice-a-day pricing for a selection of Rydex mutual funds, to help brokers and their clients manage intra-day risk and take advantage of market liquidity.
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According to the announcement, the new pricing capability, already offered to investors directly through Rydex as of 2000, is now available through National Financial, the clearing provider for Rydex Financial Services.

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Rydex said the funds on the National Financial platform that will now offer pricing at 10:45 a.m. and 4:00 p.m. are:

  • Rydex S&P 500 Fund,

  • Rydex Russell 2000 Fund,

  • Rydex Dynamic Dow Fund,

  • Rydex Dynamic OTC Fund,

  • Rydex Dynamic Russell 2000 Fund,

  • Rydex Dynamic S&P 500 Fund,

  • Rydex Inverse Dynamic Dow Fund,

  • Rydex Inverse Dynamic OTC Fund,

  • Rydex Inverse Dynamic Russell 2000 Fund, and

  • Rydex Inverse Dynamic S&P 500 Fund.

For more information on Rydex Investments, call 800.820.0888 or visit www.rydexinvestments.com.

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