RYDEX ETF TRUST

CUSIP: 78355W817 Class: GUG S&P500EQWTTE

LAZARD ASSET MANAGEMENT LLC's Holding History (CIK: 0001207017)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014
Shares 134,015 Value ($000) $12,163 Avg Close — Range —
Q1 2014
Shares 150,440 Value ($000) $12,071 Avg Close — Range —