By choosing an option below, the next time you return to the site, your home page will automatically
be set to this site. You can change your preference at any time.
We have saved your site preference as Institutional Investors. To change this, update your preferences.
Seeks to provide total return, comprised of capital appreciation and income.
Fund Highlights and Applications
Seeks attractive risk-adjusted returns by providing exposure to the potential upside of world equity markets while attempting to manage downside risks.
Actively managed approach that seeks to invest in a portfolio of lower risk, higher yielding stocks.
May serve as a core equity holding offering exposure to world equity markets and attractive levels of income.
Distributions
Most Recent Income
$0.225895
Dividend
$0.098003
Most Recent Capital Gain
$0.127892
Distribution Yields
Distribution Yield †
2.66%
SEC 30 Day Yield ‡
1.65%
Fees and Expenses
Gross Expense Ratio
1.37%
Net Expense Ratio
1.22%
Symbols & CUSIPs
Class
Symbol
CUSIP
Inception
A
SEQAX
40168W707
10/1/93
C
SFGCX
40168W772
1/29/99
Institutional
SEWIX
40168W806
5/2/11
P
SEQPX
40169J788
5/1/15
Investment Team
Farhan Sharaff
Evan Einstein
Jayson B. Flowers
Operations
Fund Type
Equity
Distribution Frequency
Quarterly
Benchmark
MSCI World Index (Net)
Telephone
800.820.0888
Trading Hours
Phone: 9:30 AM - 4:00 PM ET Web: 9:30 AM - 4:00 PM ET
Note: Each financial intermediary may have its own rules about shares transactions, and may have earlier cut - off times for processing your transaction.
Investment Adviser
Security Investors, LLC
Distributor
Guggenheim Funds Distributors, LLC
Effective August 15, 2013 the Fund’s name was changed to World Equity Income Fund from MSCI EAFE Equal Weight Fund and certain changes were made to the Fund’s investment objective, principal investment strategies and portfolio management team. The Fund also changed its benchmark to MSCI World Index. Between May 2, 2011 and August 15, 2013 the Fund tracked the performance of the MSCI EAFE Equal Weight Index. Prior to May 2, 2011 the Fund’s name was Global Fund and the fund sought a global strategy.
Performance displayed represents past performance which is no guarantee of future results. Investment returns and principal value will fluctuate so that when shares are redeemed, they may be worth more or less than original cost. Current performance may be lower or higher than the performance data quoted. Returns for performance under one year are cumulative, not annualized. With load performance reflects maximum sales charges or contingent deferred sales charges (CDSC) as applicable. Class A-shares have a maximum sales charge of 4.75%. Effective 2/22/2011, the A-Class maximum front-end sales charge was changed from 5.75% to 4.75%. For performance periods that begin prior to 2/22/2011, a 5.75% load was used and for performance periods that begin after 2/22/2011, a 4.75% load was used. Class B-shares have a maximum CDSC of 5% for redemptions during the first year, decreasing to 0% for redemptions in the sixth and following years. Class B shares are no longer available for purchase. Class C-shares have a maximum CDSC of 1% for shares redeemed within 12 months of purchase.
†The annualized rate an investor would receive if the most recent fund distribution stayed the same going forward. This rate does not represent the total return of a fund.
‡SEC 30-day yield is based on net investment income for the most recent 30-day period, is annualized and is divided by the offering price at month-end.
Data is subject to change on a daily basis. Partial year returns are cumulative, not annualized. Returns reflect the reinvestment of dividends. The securities mentioned are provided for informational purposes only and should not be deemed as a recommendation to buy or sell.
This Fund may not be suitable for all investors. • Investments in securities in general are subject to market risks that may cause their prices to fluctuate over time. • The Fund’s investments in foreign securities carry additional risks when compared to U.S. securities, due to the impact of diplomatic, political or economic developments in the country in question (investments in emerging markets are generally subject to an even greater level of risks). Additionally, the Fund’s exposure to foreign currencies subjects the Fund to the risk that those currencies will decline in value relative to the U.S. Dollar. • The Fund’s investments in derivatives may pose risks in addition to those associated with investing directly in securities or other investments, including illiquidity of the derivatives, imperfect correlations with underlying investments or the Fund’s other portfolio holdings, lack of availability and counterparty risk. • The Fund’s use of leverage, through instruments such as derivatives, may cause the Fund to be more volatile than if it had not been leveraged. • The Fund’s investments in other investment vehicles subject the Fund to those risks and expenses affecting the investment vehicle. • The Fund may have significant exposure to securities in a particular capitalization range e.g., large-, mid- or small-cap securities. As a result, the Fund may be subject to the risk that the pre-denominate capitalization range may underperform other segments of the equity market or the equity market as a whole. • See the prospectus for more information on these and other risks.
+ The Advisor has contractually agreed to waive fees and expenses through February 1, 2020 to limit the ordinary operating expenses of the Fund. The Fund may have net expenses greater than the expense cap as a result of any acquired fund fees and expenses or other expenses that are excluded from the calculation. Total annual operating expenses vary by share class. See the prospectus for information on the fees and expenses that apply to each share class.
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 investment management business of
Guggenheim Partners, LLC ("Guggenheim"), which includes Security Investors, LLC ("SI"),
Guggenheim Funds Investments Advisors, LLC ("GFIA") and Guggenheim Partners Investment Management ("GPIM")
the investment advisors to the referenced funds.
This is not an offer to sell nor a solicitation of an offer to buy the securities herein. Only a Guggenheim Credit Income Fund 2019 (GCIF 2019) prospectus makes such an offer. This material is authorized only when it is accompanied or preceded by a GCIF 2019 prospectus. Neither the SEC nor the Attorney General of the State of New York nor any other state regulator has passed on or endorsed the merits of this offering. Any representation to the contrary is a criminal offense. Securities are offered through Guggenheim Funds Distributors, LLC, member of FINRA/SIPC, as Dealer Manager.
Guggenheim Investments represents the investment management businesses of
Guggenheim Partners, LLC ("Guggenheim"), which includes Guggenheim Partners Investment Management ("GPIM")
the investment adviser and Guggenheim Funds Distributors, LLC, the dealer manager for the Guggenheim Credit Income Fund.
• 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.