0001193125-13-034749.txt : 20130201 0001193125-13-034749.hdr.sgml : 20130201 20130201170229 ACCESSION NUMBER: 0001193125-13-034749 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130201 DATE AS OF CHANGE: 20130201 EFFECTIVENESS DATE: 20130201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SECURITY EQUITY FUND CENTRAL INDEX KEY: 0000088525 IRS NUMBER: 486104426 STATE OF INCORPORATION: KS FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-19458 FILM NUMBER: 13567451 BUSINESS ADDRESS: STREET 1: SECURITY INVESTORS, LLC STREET 2: ONE SECURITY BENEFIT PLACE CITY: TOPEKA STATE: KS ZIP: 66636-0001 BUSINESS PHONE: 7854383127 MAIL ADDRESS: STREET 1: SECURITY INVESTORS, LLC STREET 2: ONE SECURITY BENEFIT PLACE CITY: TOPEKA STATE: KS ZIP: 66636-0001 0000088525 S000022641 Small Cap Value C000065507 A SSUAX C000065508 C SSVCX 497 1 d479164d497.htm SECURITY EQUITY FUND PROSPECTUS SUPPLEMENT DATED FEBRUARY 1, 2013 Security Equity Fund Prospectus Supplement dated February 1, 2013

Security Equity Fund

805 King Farm Blvd., Suite 600

Rockville, Maryland 20850

Supplement Dated February 1, 2013

to the Statutory and Summary Prospectuses Dated January 28, 2013

This supplement provides new and additional information beyond that contained in the currently effective Statutory and Summary Prospectuses for the Small Cap Value Fund (the “Fund”).

Effective immediately, the following changes are made to the Fund’s Statutory and Summary Prospectuses.

The Fund’s Annual Average Total Returns table is replaced as follows:

 

     1 Year     Since
Inception
7/14/2008		  

Class A

     

Return before taxes

      13.07 %      15.41 % 

Return after taxes on distributions

      10.30 %      12.97 % 

Return after taxes on distributions and sale of fund shares

      9.01 %      12.11 % 

Class C

      16.85 %      16.13 % 

Index

     

Russell 2000 Value Index (reflects no deductions for fees, expenses, or taxes)

      18.05 %      6.90 % 

Please Retain This Supplement for Future Reference