RYDEX ETF TRUST

CUSIP: 78355w205 Class: GUG RUSS TOP 50

PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC.'s Holding History (CIK: 0001238990)

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

Q4 2015
Shares 100 Value ($000) $14,458 Avg Close — Range —