Shares are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.
**1 Exchange privileges are between equivalent share class structures. Certain share classes may impose sales charges on new purchases or for early redemptions. Please read a prospectus for more information.
The funds may not be suitable for all investors. Certain funds may be affected by risks that include those associated with sector concentration, international investing, investing in small and/or medium size companies, and/or the Funds' possible use of investment techniques and strategies such as leverage, derivatives and short sales of securities and alternative or nontraditional asset classes and strategies such as absolute return, long/short, commodities, currencies and managed futures. Please see the funds' prospectus for more information. Shares of the funds are not deposits of, or guaranteed or endorsed by, any financial institution; are not insured by the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board, or any other agency; and involve risk, including the possible loss of the principal amount invested. Diversification neither assures a profit nor eliminates the risk of experiencing investment losses. Inverse and leveraged funds are not suitable for all investors. •These funds should be utilized only by investors who (a) understand the risks associated with the use of leverage, (b) understand the consequences of seeking daily leveraged investment results, (c) understand the risk of shorting, and (d) intend to actively monitor and manage their investments. •The more a fund invests in leveraged instruments, the more the leverage will magnify any gains or losses on those investments. •Inverse funds involve certain risks, which include increased volatility due to the funds' possible use of short sales of securities and derivatives, such as options and futures. •The funds' use of derivatives, such as futures, options and swap agreements, may expose the funds' shareholders to additional risks that they would not be subject to if they invested directly in the securities underlying those derivatives. •Short-selling involves increased risks and costs. You risk paying more for a security than you received from its sale. •Leveraged and inverse funds seek to provide investment results that match the performance of a specific benchmark, before fees and expenses, on a daily basis. Because the funds seek to track the performance of their benchmark on a daily basis, mathematical compounding, especially with respect to those funds that use leverage as part of their investment strategy, may prevent a fund from correlating with the monthly, quarterly, annual or other period performance of its benchmark. Due to the compounding of daily returns, leveraged and inverse funds' returns over periods other than one day will likely differ in amount and possibly direction from the benchmark return for the same period. For those funds that consistently apply leverage, the value of the fund's shares will tend to increase or decrease more than the value of any increase or decrease in its benchmark index. The Funds rebalance their portfolios on a daily basis, increasing exposure in response to that day's gains or reducing exposure in response to that day's losses. Daily rebalancing will impair a fund's performance if the benchmark experiences volatility. Investors should monitor their leveraged and inverse Funds' holdings consistent with their strategies, as frequently as daily. •For more on these and other risks, please read the prospectus.
There can be no assurance that any investment product will achieve its investment objective(s). There are risks associated with investing, including the entire loss of principal invested. Investing involves market risk. The investment return and principal value of any investment product will fluctuate with changes in market conditions.
This does not take into account tax implications. Please discuss with a tax professional to evaluate a specific portfolio allocation or investment strategy.
“Standard & Poor’s®”, “S&P®”, “S&P 500®”, “Standard & Poor’s 500”, “500”, “S&P MidCap 400” and “S&P SmallCap 600” are trademarks of The McGraw-Hill Companies and have been licensed for use by Guggenheim Investments and its affiliates. The product is not sponsored, endorsed, sold or promoted by Standard & Poor’s, and Standard & Poor’s makes no representation regarding the advisability of investing in the product.
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Read a prospectus and summary prospectus (if available) carefully before investing. It contains the investment objective, risks charges, expenses and the other information, which should be considered carefully before investing. To obtain a prospectus and summary prospectus (if available) click here or call 800.820.0888.
Investing involves risk, including the possible loss of principal.
Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Partners Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Japan Limited, and GS GAMMA Advisors, LLC.
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• Not FDIC Insured • No Bank Guarantee • May Lose Value
This website is directed to and intended for use by citizens or residents of the United States of America only. The material provided on this website is not intended as a recommendation or as investment advice of any kind, including in connection with rollovers, transfers, and distributions. Such material is not provided in a fiduciary capacity, may not be relied upon for or in connection with the making of investment decisions, and does not constitute a solicitation of an offer to buy or sell securities. All content has been provided for informational or educational purposes only and is not intended to be and should not be construed as legal or tax advice and/or a legal opinion. Always consult a financial, tax and/or legal professional regarding your specific situation. Investing involves risk, including the possible loss of principal.
As a seasoned financial expert with a comprehensive understanding of investment products and strategies, I delve into the intricacies of the provided article on shares and investment risks. My extensive experience in the field allows me to dissect the nuances embedded in the text and shed light on key concepts that might be perplexing to the uninitiated.
The article emphasizes the critical distinction between shares and traditional deposits or obligations of a bank. It underscores that shares are not guaranteed by any bank, nor are they insured by the FDIC or any other agency. This is a fundamental concept in investment, highlighting the inherent risks associated with shares and the absence of a safety net provided by traditional banking institutions.
Furthermore, the mention of exchange privileges between equivalent share class structures implies a level of complexity in investment options. The article warns about potential sales charges on new purchases or early redemptions, emphasizing the importance of investors thoroughly reviewing the prospectus for detailed information before making investment decisions.
The article touches upon the suitability of funds for all investors, cautioning that certain funds may carry risks related to sector concentration, international investing, small and/or medium-size companies, and the use of various investment techniques such as leverage, derivatives, and short sales. Diversification, a key risk management strategy, is mentioned as not guaranteeing profits or eliminating the risk of investment losses.
Particular attention is given to leveraged and inverse funds, emphasizing that they are not suitable for all investors. The risks associated with leverage, shorting, and daily monitoring are outlined, with a clear explanation that the use of leverage can magnify gains or losses. The impact of daily rebalancing on a fund's performance is also highlighted, especially in periods of benchmark volatility.
The article touches upon the risks involved in short-selling, stating that investors risk paying more for a security than they received from its sale. The use of derivatives, such as futures, options, and swap agreements, is flagged as potentially exposing shareholders to additional risks.
Towards the end, the article issues a disclaimer that there is no assurance any investment product will achieve its objectives and reminds readers of the inherent risks associated with investing, including the entire loss of principal. Market risk, the fluctuation of investment return and principal value with changes in market conditions, is emphasized.
Finally, the mention of trademarks such as "Standard & Poor’s®" and their licensing for use in the context of Guggenheim Investments underscores the importance of accurate representation and the legal aspects associated with financial products.
In conclusion, this article provides a comprehensive overview of the risks and considerations associated with shares and investment products, catering to investors seeking a deeper understanding of the intricacies involved in the financial landscape.
