DID YOU HEAR ABOUT THE ACQUISITION?


The acquisition of Rydex Investments by Security Benefit Corporation and
Security Benefit Life Insurance Company was completed on January 17, 2008. The
shareholder vote to approve the new advisory contract for the Large-Cap Growth
Fund has not yet reached quorum and the Fund is being managed by Rydex UNDER AN
INTERIM advisory contract as allowed under the Investment Company Act of 1940.

If we are unable to reach quorum, when the interim advisory contract expires on
June 15, 2008, the Board of Trustees of the Fund will be forced to consider
alternative solutions. This COULD include dissolving the Fund.

This is why we are again asking for you to consider the proposal to approve the
new investment advisory agreement with Rydex Investments, the investment adviser
of the Fund.

We strongly encourage you to take the time to review the proxy materials and
vote your shares.