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Rydex Pure Style Exchange-Traded Funds (ETFs)

Rydex Funds recently introduced six S&P Pure Style Exchange-traded funds (ETFs) as a more precise way to invest in growth and value styles. According to the firm, "Rydex S&P Pure Style ETFs filter out those stocks whose style characteristic is uncertain, removing any overlap between growth and value to deliver style exposure based only on stocks with the strongest style attributes." Now, The American Stock Exchange (Amex) has announced that it is launching trading in options on these Rydex funds which include: Rydex S&P 500 Pure Growth ETF (RPG), Rydex S&P MidCap 400 Pure Growth ETF (RFG), Rydex S&P SmallCap 600 Pure Growth ETF (RZG), Rydex S&P SmallCap 600 Pure Value ETF (RZV), Rydex S&P 500 Pure Value ETF (RPV), Rydex S&P MidCap 400 Pure Value ETF (RFV).