Trade Alert - April 28, 2007

Model Portfolio Allocation Changes- This Week

Increase Energy Fund Allocation

The Performance Xtender has triggered a change.

Portfolio Changes in the Performance Xtender: The model is increasing the Energy Fund allocation from 10% to 20%, reducing the money market fund allocation to 20%.

Portfolio Changes in the Max Xtender: No Changes.

New Model Portfolio Allocations

Model Portfolio Details

The tables below provide the percentage allocation details and mutual fund ticker symbols for investors following the Model Portfolios by using funds from either of the Rydex Investments or ProFunds mutual fund companies -- or alternatively, investors using exchange traded funds (ETFs).

'Performance Xtender'

(A model portfolio that invests selectively in stock market index funds, plus certain market sectors such as Energy, Gold and Real Estate, and in an Inverse Fund ("Bear Fund"), depending on current market trends for each type of investment. The allocation mix is designed to beat the market significantly during both bull and bear markets with only limited risk of volatility.)

Model Portfolio Changes for this week	Rydex Funds		ProFunds		ETFs
	Allocation	Ticker	Allocation	Ticker	Allocation	Ticker
INCREASE Energy	10%	RYEIX	7%	ENPIX	10%	XLE
Corporate Bonds, or Money Market	Draw down money market balances to fund the purchase .

New Model Portfolio Allocations	Rydex Funds		ProFunds		ETFs
	Allocation	Ticker	Allocation	Ticker	Allocation	Ticker
Mid Cap Stock Fund	60%	RYAVX	60%	MDPIX	60%	MDY
Energy Stock Fund	20%	RYEIX	14%	ENPIX	20%	XLE
Corporate Bonds, or Money Market	20% Money Market Fund. ProFunds investors should have a 26% money market allocation.

'Max Xtender'

(A model portfolio that invests selectively in stock market index funds and in an Inverse Fund ("Bear Fund"), depending on current market trends for each type of investment. During strong market trends ... either bullish or bearish ... the model uses up to 2-to-1 leverage to magnify returns. The allocation mix is designed to beat the market substantially during both bull and bear markets but results in a relatively high risk of volatility.)

Model Portfolio Changes for this week	Rydex Funds		ProFunds		ETFs
	Allocation	Ticker	Allocation	Ticker	Allocation	Ticker
No Changes	-	-	-	-	-	-
Corporate Bonds, or Money Market	.

New Model Portfolio Allocations	Rydex Funds		ProFunds		ETFs
	Allocation	Ticker	Allocation	Ticker	Allocation	Ticker
Lev'd MidCap Fund	50%	RYTNX	50%	UMPIX	150%	MDY
UnLev'd Mid Caps	50%	RYAVX	50%	MDPIX	-	-
Corporate Bonds, or Money Market	ETF Investors: Note that the MDY position is margined 1.5 to 1.