Rydex To Introduce Six New Equal Weight ETFs

Rydex, the largest issuer of equal-weight ETFs, will expand its lineup by six funds with the introduction of the following equal-weight ETFs, which began trading on the NYSE today: Rydex Russell 1000® Equal Weight ETF EWRI Rydex Russell 2000® Equal Weight ETF EWRS Rydex Russell Midcap Equal Weight ETF EWRM Rydex MSCI EAFE Equal Weight ETF EWEF Rydex MSCI Emerging Markets Equal Weight ETF EWEM The Rydex MSCI All Country World (ACWI) Equal Weight ETF (EWAC) is estimated to begin trading on January 12, 2011, Rydex said in a statement. Rydex issues 34 ETFs and manages $6 billion in assets across those funds.