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Risk/Return: rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate Nov. 16, 2011
Rydex | SGI Macro Opportunities Fund (Prospectus Summary) | Rydex | SGI Macro Opportunities Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return, Heading rr_RiskReturnHeading Rydex | SGI Macro Opportunities Fund
Investment Objective, Heading rr_ObjectiveHeading Investment Objective --
investment Objective, Primary rr_ObjectivePrimaryTextBlock
The Fund seeks to provide total return, comprised of current income and capital
appreciation.
Expense, Heading rr_ExpenseHeading Fees and Expenses of the Fund --
Expense, Narrative rr_ExpenseNarrativeTextBlock
This table describes the fees and expenses that you may pay if you buy
and hold shares of the Fund. You may qualify for sales charge discounts
if you and your family invest, or agree to invest in the future, at least
$50,000 in the Rydex | SGI Funds, as defined on page 46 of the Fund's
prospectus. More information about these and other discounts is available
from your financial professional and in the "Buying Shares--Class A Shares"
section on page 34 of the Fund's prospectus and the "How to Purchase Shares"
section on page 37 of the Fund's statement of additional information.
Shareholder Fees, Caption rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses, Caption rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Portfolio Turnover, Heading rr_PortfolioTurnoverHeading Portfolio Turnover.
Portfolio Turnover rr_PortfolioTurnoverTextBlock
The Fund pays transaction costs, such as commissions, when it buys and sells
securities (or "turns over" its portfolio). A higher portfolio turnover rate may
indicate higher transaction costs and may result in higher taxes when Fund shares
are held in a taxable account. These costs, which are not reflected in annual
fund operating expenses or in the example, affect the Fund's performance. No
portfolio turnover rate is provided for the Fund because the Fund has not yet
commenced operations.
Expense Breakpoint, Discounts rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in the Rydex | SGI Funds, as defined on page 46 of the Fund's prospectus.
Expense Breakpoint, Minimum Investment Required Amount rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expense Example, Heading rr_ExpenseExampleHeading Example.
Expense Example, Narrative rr_ExpenseExampleNarrativeTextBlock
This Example is intended to help you compare the cost of investing in the Fund
with the cost of investing in other mutual funds.

The Example assumes that you invest $10,000 in the Fund for the time periods
indicated and then redeem all of your shares at the end of those periods. The
Example also assumes that your investment has a 5% return each year and that the
Fund's operating expenses remain the same. Although the actual costs may be
higher or lower, based on these assumptions your cost would be:
Investment Strategy, Heading rr_StrategyHeading Principal Investment Strategies --
Investment Strategy, Narrative rr_StrategyNarrativeTextBlock
The Fund will seek to achieve its investment objective by investing in a wide
range of fixed income and other debt and equity securities selected from a
variety of sectors and credit qualities, principally, corporate bonds,
participations in and assignments of syndicated bank loans, asset-backed
securities (including mortgage-backed securities and structured finance
investments), U.S. government and agency securities, mezzanine and preferred
securities, commercial paper, zero-coupon bonds, municipal securities, Rule 144A
securities (and other non-registered or restricted securities), step-up securities
(such as step-up bonds) and convertible securities, and in common stocks and other
equity investments that Guggenheim Partners Asset Management ("Guggenheim
Investments"), the Fund's sub-adviser, believes offer attractive yield and/or capital
appreciation potential. Guggenheim Investments may employ a strategy of writing
(selling) covered call and put options on such equity securities.

While the Fund will principally invest in securities listed, traded or dealt in
developed markets, it may also invest without limitation in securities listed,
traded or dealt in other countries, including emerging markets countries. Such
securities may be denominated in foreign currencies. The Fund may hold , without
limit, fixed income securities of any quality, rated or unrated, including those
that are rated below investment grade or, if unrated, determined to be of
comparable quality (also known as "high yield securities" or "junk bonds"). The
Fund may hold securities of any duration or maturity. Securities in which the
Fund may invest may pay fixed or variable rates of interest. The Fund may invest
in a variety of investment vehicles, such as closed-end funds, exchange traded
funds ("ETFs") and other mutual funds. The Fund may also invest in commodities
(such as precious metals), commodity-linked notes and other commodity-linked
derivative instruments, such as swaps, options, or forward contracts based on
the value of commodities or commodities indices and commodity futures. The Fund
may use leverage by entering into reverse repurchase agreements and borrowing
transactions (such as lines of credit) for investment purposes.

The Fund also may engage in repurchase agreements, forward commitments, short
sales and securities lending and it may seek certain exposures through
derivative transactions, including foreign exchange forward contracts, futures
on securities, indices, currencies and other investments; options; interest rate
swaps, cross-currency swaps, total return swaps; and credit default swaps, which
may also create economic leverage in the Fund. The Fund may engage , without
limit, in derivative transactions for speculative purposes to enhance total
return, to seek to hedge against fluctuations in securities prices, interest
rates or currency rates, to change the effective duration of its portfolio, to
manage certain investment risks and/or as a substitute for the purchase or sale
of securities or currencies.  The fund may also, without limitation, seek to
obtain exposure to the securities in which it primarily invests by entering into
a series of purchase and sale contracts or by using other investment techniques
(such as buy backs and or dollar rolls).

Guggenheim Investments will use a relative value-based investment
philosophy, which utilizes quantitative and qualitative analysis to seek to
identify securities or spreads between securities that deviate from their
perceived fair value and/or historical norms. Guggenheim Investments seeks to
combine a credit managed fixed-income portfolio with access to a diversified
pool of alternative investments and equity strategies. Guggenheim Investments'
investment philosophy is predicated upon the belief that thorough research and
independent thought are rewarded with performance that has the potential to
outperform benchmark indexes with both lower volatility and lower correlation of
returns as compared to such benchmark indexes.

Guggenheim Investments may determine to sell a security for several reasons
including the following: (1) to adjust the portfolio's average maturity, or to
shift assets into or out of higher-yielding securities; (2) if a security's
credit rating has been changed or for other credit reasons; (3) to meet
redemption requests; (4) to take gains; or (5) due to relative value. The Fund
does not intend to principally invest in defaulted securities, but if a security
defaults subsequent to purchase by the Fund, Guggenheim Investments will
determine in its discretion whether to hold or dispose of such security.  Under
adverse market conditions (for example, in the event of credit events, where it
is deemed opportune to preserve gains, or to preserve the relative value of
investments), the Fund can make temporary defensive investments and may not be
able to pursue its objective.
Risk, Heading rr_RiskHeading Principal Risks --
Risk, Narrative rr_RiskNarrativeTextBlock
The value of an investment in the Fund will fluctuate and is subject to
investment risks, which means investors could lose money. The principal risks
of investing in the Fund are listed below.

Active Trading Risk. Active trading, also called "high turnover," may have a
negative impact on performance. Active trading may result in higher brokerage
costs or mark-up charges, which are ultimately passed on to shareholders of the
Fund.

Asset-Backed and Mortgage-Backed Securities Risk. Investors in asset-backed
securities, including mortgage-backed securities, generally receive payments
that are part interest and part return of principal. These payments may vary
based on the rate at which the underlying borrowers pay off their loans. Some
asset-backed securities, including mortgage-backed securities, may have
structures that make their reaction to interest rates and other factors
difficult to predict, making their prices very volatile and they are subject to
liquidity risk.

Commodities Risk. The commodities industries can be significantly affected by
the level and volatility of commodity prices; world events including
international monetary and political developments; import controls and worldwide
competition; exploration and production spending; and tax and other government
regulations and economic conditions.

Commodity-Linked Investing. Commodity-linked investments may be more volatile
and less liquid than the underlying commodity, instruments, or measures and
their value may be affected by the performance of the overall commodities
markets as well as weather, tax, and other regulatory developments.

Convertible Securities Risk. The value of convertible securities tends to
decline as interest rates increase. Convertible securities generally offer lower
interest or dividend yields than non-convertible securities of similar quality.
The Fund could lose money if the issuer of a convertible security is unable to
meet its financial obligations or goes bankrupt.

Credit Risk. The Fund could lose money if the issuer of a bond or counterparty
to a derivatives transaction, reverse repurchase agreement or other transaction
is unable to repay interest and principal on time or defaults. The issuer of a
bond could also suffer a decrease in quality rating, which would affect the
volatility and liquidity of the bond.

Currency Risk. The Fund's indirect and direct exposure to foreign currencies
subjects the Fund to the risk that those currencies will decline in value
relative to the U.S. Dollar, which would cause a decline in the U.S. value of
the holdings of the Fund. Currency rates in foreign countries may fluctuate
significantly over short periods of time for a number of reasons, including
changes in interest rates and the imposition of currency controls or other
political, economic and tax developments in the U.S. or abroad.

Derivatives Risk. Derivatives may pose risks in addition to those associated
with investing directly in securities or other investments, including limited
ability to enter into or unwind a position, imperfect correlations with
underlying investments or the Fund' other portfolio holdings, lack of
availability and the risk that the counterparty may default on its obligations.

Emerging Markets Risk. Investments in emerging markets securities are generally
subject to a greater level of those risks associated with investing in foreign
securities, as emerging markets are considered less developed and developing
countries.

Equity Securities Risk. Equity securities include common stocks and other equity
securities (and securities convertible into stocks), and the prices of equity
securities fluctuate in value more than other investments. They reflect changes
in the issuing company's financial condition and changes in the overall market.
Common stocks generally represent the riskiest investment in a company. The Fund
may lose a substantial part, or even all, of its investment in a company's
stock. Growth stocks may be more volatile than value stocks.

Foreign Securities Risk. Foreign securities carry additional risks when compared
to U.S. securities, including currency fluctuations, adverse political and
economic developments, unreliable or untimely information, less liquidity,
limited legal recourse and higher transactional costs.

High Yield Securities Risk. Higher yielding, below investment grade and other
high risk debt securities may present additional risk because these securities
may be less liquid and present more credit risk than investment grade bonds. The
price of high yield securities tends to be more susceptible to issuer-specific
operating results and outlook and to real or perceived adverse economic and
competitive industry conditions.

Insurance Risk. Certain municipal securities may be insured by an insurer, such
as a bank or other financial institution. Adverse developments affecting a
particular insurer or, more generally, banks and financial institutions could
have a negative effect on the value of the Fund's holdings in insured municipal
securities. While insurance may reduce the credit risk of a municipal security,
it does not protect against fluctuations in the value of the Fund's shares cause
by market changes.

Interest Rate Risk. Investments in fixed-income securities are subject to the
possibility that interest rates could rise sharply, causing the value of the
Fund's securities and share price to decline. Fixed-income securities with
longer durations are subject to more volatility than those with shorter
durations.

Investment in Investment Vehicles Risk. Investing in other investment vehicles,
including ETFs, closed-end funds and other funds, subjects the Fund to those
risks affecting the investment vehicle, including the possibility that the value
of the underlying securities held by the investment vehicle could decrease.
Moreover, the Fund and its shareholders will incur its pro rata share of the
underlying vehicles' expenses.

Investments in Syndicated Bank Loans Risk. Investments in syndicated bank loans
involve special types of risks, including credit risk, interest rate risk,
liquidity risk and prepayment risk. Syndicated bank loans generally offer a
floating interest rate. Syndicated bank loans may decline in value if their
interest rates do not rise as much or as fast as interest rates in general.

Leverage Risk. The Fund's use of leverage, through borrowings or instruments
such as derivatives, may cause the Fund to be more volatile than if it had not
been leveraged. Leverage can arise through the use of derivatives, reverse
repurchase agreements , unfunded commitments and borrowings.

Liquidity Risk. Investments are subject to liquidity risk when they are
difficult to purchase or sell.

Management Risk. The Fund is actively managed. There is no guarantee that the
investment strategies will be successful.

Market Risk. The market value of the securities held by the Fund may fluctuate
resulting from factors affecting the individual company or other factors such as
changing economic, political or financial market conditions.

Municipal Securities Risk. Municipal securities can be affected by unfavorable
legislative or political developments and adverse changes in the financial
conditions of state and municipal issuers or the federal government in case it
provides financial support to the municipality. Certain sectors of the municipal
bond market have special risks that can affect them more significantly than the
market as a whole. Because many municipal instruments are issued to finance
similar projects, conditions in these industries can significantly affect the
overall municipal market.

Options and Futures Risk. Options and futures may sometimes reduce returns or
increase volatility. They also may entail transactional expenses.

Preferred Securities Risk. A company's preferred stock generally pays dividends
only after the company makes required payments to holders of its bonds and other
debt. For this reason, the value of preferred stock will usually react more
strongly than bonds and other debt to actual or perceived changes in the
company's financial condition or prospects.

Prepayment Risk. Securities subject to prepayment risk generally offer less
potential for gains when interest rates decline, because issuers of the
securities may be able to prepay the principal due on the securities, and may
offer a greater potential for loss when interest rates rise.

Real Estate Securities Risk.  The Fund may invest in securities of real estate
companies and companies related to the real estate industry, including real
estate investment trusts ("REITs"), which are subject to the same risks as
direct investments in real estate. The real estate industry is particularly
sensitive to economic downturns.

Repurchase Agreement and Reverse Repurchase Agreement Risk. In the event of the
insolvency of the counterparty to a repurchase agreement or reverse repurchase
agreement, recovery of the repurchase price owed to the Fund or, in the case of
a reverse repurchase agreement, the securities sold by the Fund, may be delayed.

Because reverse repurchase agreements may be considered to be the practical
equivalent of borrowing funds, they constitute a form of leverage. If the Fund
reinvests the proceeds of a reverse repurchase agreement at a rate lower than
the cost of the agreement, entering into the agreement will lower the Fund's
yield.

Restricted Securities Risk. Restricted securities generally cannot be sold to
the public and may involve a high degree of business, financial and liquidity
risk, which may result in substantial losses to the Fund.

Securities Lending Risk. Securities lending involves a risk that the borrower
may fail to return the securities or deliver the proper amount of collateral,
which may result in a loss to the Fund. In the event of bankruptcy of the
borrower, the Fund could experience losses or delays in recovering the loaned
securities.

Short Sales Risk. Short selling a security involves selling a borrowed security
with the expectation that the value of that security will decline so that the
security may be purchased at a lower price when returning the borrowed security.
The risk for loss on short selling is greater than the original value of the
securities sold short because the price of the borrowed security may rise, thereby
increasing the price at which the security must be purchased. Government actions
also may affect the Fund's ability to engage in short selling.
Risk, Lose Money rr_RiskLoseMoney The value of an investment in the Fund will fluctuate and is subject to investment risks, which means investors could lose money.
Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading Performance Information --
Performance, Narrative rr_PerformanceNarrativeTextBlock
As of the date of this Prospectus, the Fund has not commenced investment operations.
When the Fund has completed a full calendar year of investment operations, it will
disclose charts that show annual total returns, highest and lowest quarterly returns
and average annual total returns(before and after taxes) compared to a benchmark index
selected by the Fund.
Performance, One Year or Less rr_PerformanceOneYearOrLess As of the date of this Prospectus, the Fund has not commenced investment operations.
Rydex | SGI Macro Opportunities Fund (Prospectus Summary) | Rydex | SGI Macro Opportunities Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2013-01-31
Rydex | SGI Macro Opportunities Fund (Prospectus Summary) | Rydex | SGI Macro Opportunities Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2013-01-31
Rydex | SGI Macro Opportunities Fund (Prospectus Summary) | Rydex | SGI Macro Opportunities Fund | Institutional Class
 
Risk/Return: rr_RiskReturnAbstract  
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination 2013-01-31
Rydex | SGI Macro Opportunities Fund | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.75%
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management fees rr_ManagementFeesOverAssets 0.89%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.68%
Total annual fund operating expenses rr_ExpensesOverAssets 1.82%
Fee waiver (and/or expense reimbursement) rr_FeeWaiverOrReimbursementOverAssets (0.46%) [1]
Total annual fund operating expenses after fee waiver (and/ or expense reimbursement) rr_NetExpensesOverAssets 1.36%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 607
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 978
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 607
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 978
Rydex | SGI Macro Opportunities Fund | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00%
Management fees rr_ManagementFeesOverAssets 0.89%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.68%
Total annual fund operating expenses rr_ExpensesOverAssets 2.57%
Fee waiver (and/or expense reimbursement) rr_FeeWaiverOrReimbursementOverAssets (0.46%) [1]
Total annual fund operating expenses after fee waiver (and/ or expense reimbursement) rr_NetExpensesOverAssets 2.11%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 314
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 756
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 214
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 756
Rydex | SGI Macro Opportunities Fund | Institutional Class
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management fees rr_ManagementFeesOverAssets 0.89%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.48%
Total annual fund operating expenses rr_ExpensesOverAssets 1.37%
Fee waiver (and/or expense reimbursement) rr_FeeWaiverOrReimbursementOverAssets (0.42%) [1]
Total annual fund operating expenses after fee waiver (and/ or expense reimbursement) rr_NetExpensesOverAssets 0.95%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 97
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 392
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 97
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 392
[1] The Investment Manager has contractually agreed through January 31, 2013 to waive fees to the extent necessary to limit the ordinary operating expenses (including distribution (12b-1) fees, but exclusive of brokerage costs, dividends on securities sold short, acquired fund fees and expenses, interest, taxes, litigation, indemnification, and extraordinary expenses) ("Operating Expenses") of the Fund to the annual percentage of average daily net assets for each class of shares as follows: Class A -- 1.36 %, Class C -- 2.11 % and Institutional Class -- 0.95 %. The Fund may have "Total annual fund operating expenses after fee waiver" greater than the expense cap as a result of any acquired fund fees and expenses or other expenses that are excluded from the calculation. The Investment Manager is entitled to reimbursement by the Fund of fees waived during any of the previous 36 months beginning on the date of the expense limitation agreement. The agreement will expire when it reaches its termination or when the investment adviser ceases to serve as such (subject to recoupment rights) and it can be terminated by the Fund's Board of Directors, subject to the recoupment rights of the Investment Manager.