Exhibit 99.B.H7
FORM OF
AMENDMENT
DATED FEBRUARY 17, 2006
TO
ACCOUNTING SERVICES AGREEMENT
BETWEEN
RYDEX VARIABLE TRUST
AND RYDEX FUND SERVICES, INC.,
DATED AUGUST 11, 1998,
AS AMENDED
FORM OF
AMENDMENT TO
ACCOUNTING SERVICES AGREEMENT
DATED AUGUST 11, 1998, AS AMENDED,
BETWEEN
RYDEX VARIABLE TRUST
AND
RYDEX FUND SERVICES, INC.
The following Amendment, which supercedes all previous amendments, is made to
the Accounting Services Agreement between Rydex Variable Trust (the "Trust") and
Rydex Fund Services, Inc. (the "Servicer"), as amended to date (the
"Agreement"), and is hereby incorporated into and made a part of the Agreement:
The fourth paragraph under the section "Witnesseth" of the Agreement
is amended, effective February 17, 2006, to read as follows:
WHEREAS, the board of trustees of the Trust (the "Trustees") have
created the following Funds of the Trust: U.S. Government Bond Fund, U.S.
Government Money Market Fund, Nova Fund, Ursa Fund, Arktos Fund, Juno Fund,
OTC Fund, Titan 500 Fund, Tempest 500 Fund, Velocity 100 Fund, Venture 100
Fund, Long Dynamic Dow 30 Fund, Inverse Dynamic Dow 30 Fund, Large-Cap
Value Fund, Large-Cap Growth Fund, Mid-Cap Value Fund, Mid-Cap Growth Fund,
Inverse Mid-Cap Fund, Small-Cap Value Fund, Small-Cap Growth Fund, Inverse
Small-Cap Fund, Large-Cap Europe Fund, Large-Cap Japan Fund, Mekros Fund,
Medius Fund, All-Cap Value Fund, Strengthening Dollar Fund, Weakening
Dollar Fund, Banking Fund, Basic Materials Fund, Biotechnology Fund,
Consumer Products Fund, Electronics Fund, Energy Fund, Energy Services
Fund, Financial Services Fund, Health Care Fund, Internet Fund, Leisure
Fund, Precious Metals Fund, Retailing Fund, Real Estate Fund, Technology
Fund, Telecommunications Fund, Transportation Fund, Utilities Fund,
Commodities Fund, Sector Rotation Fund, Core Equity Fund, Absolute Return
Strategies Fund, Market Neutral Fund, Hedged Equity Fund, CLS AdvisorOne
▇▇▇▇▇▇▇ VT Fund, CLS AdvisorOne Clermont VT Fund, CLS AdvisorOne Berolina
Fund, S&P 500 FUND, ▇▇▇▇▇▇▇ 2000 FUND, DYNAMIC ▇▇▇▇▇▇▇ 2000 FUND AND
INVERSE DYNAMIC ▇▇▇▇▇▇▇ 2000 FUND (collectively, the "Funds");
ADDITIONS ARE IN BOLD.
In witness whereof, the parties hereto have caused this Amendment to be
executed in their names and on their behalf and through their duly-authorized
officers as of the 17th day of February, 2006.
RYDEX VARIABLE TRUST
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By: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇
Title: President
RYDEX FUND SERVICES, INC.
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By: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇▇
Title: President