Subprime market exposure at Rydex

Rydex U.S. Government Money Market Fund

It is important to note that the Rydex U.S. Government Money Market Fund solely invests in U.S. government securities, government sponsored agencies and repurchase agreements that are fully collateralized by U.S. treasury securities. As a result, Rydex’s U.S. Government Money Market Fund has no subprime market exposure. Also, as a policy, the Rydex U.S. Government Money Market Fund does not own asset-backed commercial paper of any kind.

http://www.rydexfunds.com/campaigns/Supbrime_Market.html