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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
ProspectusDate rr_ProspectusDate Aug. 01, 2011
Utilities Fund (First Prospectus Summary) | Utilities Fund
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return, Heading rr_RiskReturnHeading UTILITIES FUND
Investment Objective, Heading rr_ObjectiveHeading INVESTMENT OBJECTIVE -
investment Objective, Primary rr_ObjectivePrimaryTextBlock
The Utilities Fund (the "Fund") seeks to provide capital appreciation by
investing in companies that operate public utilities ("Utilities Companies").
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
Advisor Class Shares or Investor Class Shares of the Fund.
Shareholder Fees, Caption rr_ShareholderFeesCaption SHAREHOLDER FEES (fees paid directly from your investment) N/A
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
Total Annual Fund Operating Expenses or in the Example, affect the Fund's
performance. During the most recent fiscal year, the Fund's portfolio turnover
rate was 800% of the average value of its portfolio. However, the Fund's portfolio
turnover rate is calculated without regard to cash instruments or derivatives.
If such instruments were included, the Fund's portfolio turnover rate might
be significantly higher.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 800.00%
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 your actual costs
may be higher or lower, based on these assumptions your costs would be:
Investment Strategy, Heading rr_StrategyHeading PRINCIPAL INVESTMENT STRATEGIES -
Investment Strategy, Narrative rr_StrategyNarrativeTextBlock
Under normal circumstances, the Fund invests substantially all (at least 80%)
of its net assets in equity securities of Utilities Companies that are traded
in the United States and in derivatives which primarily consist of futures
contracts and options on securities, futures contracts, and stock indices.
In addition, the Fund will invest to a significant extent in the securities
of Utilities Companies that have small to mid-sized capitalizations. Utilities
Companies may include companies involved in the manufacturing, production,
generation, transmission, distribution or sales of gas or electric energy;
water supply, waste and sewage disposal; and companies that receive a majority
of their revenues from their public utility operations. The Fund may also
purchase American Depositary Receipts ("ADRs") to gain exposure to foreign
Utilities Companies and U.S. government securities. In an effort to ensure
that the Fund is fully invested on a day-to-day basis, the Fund may conduct
any necessary trading activity at or just prior to the close of the U.S.
financial markets. The Fund invests in the securities of a limited number of
issuers conducting business in the utilities sector and therefore may be
concentrated in an industry or group of industries within the utilities sector.
The Fund is non-diversified and, therefore, may invest a greater percentage
of its assets in a particular issuer in comparison to a diversified fund.
Risk, Heading rr_RiskHeading PRINCIPAL RISKS -
Risk, Narrative rr_RiskNarrativeTextBlock
As with all mutual funds, a shareholder is subject to the risk that his or her
investment could lose money. In addition to this risk, the Fund is subject to
a number of additional risks that may affect the value of its shares, including:

Active Trading Risk - Active trading, also called "high portfolio turnover," may
result in higher brokerage costs or mark-up charges, which may negatively affect
Fund performance and result in short-term capital gains, which have a negative
tax effect. Large movements of assets into and out of the Fund due to active
trading also may adversely affect the Fund's ability to achieve its investment
objective.

Depositary Receipt Risk - The Fund may hold the securities of non-U.S. companies
in the form of ADRs. The underlying securities of the ADRs in the Fund's
portfolio are subject to fluctuations in foreign currency exchange rates that
may affect the value of the Fund's portfolio. In addition, the value of the
securities underlying the ADRs may change materially when the U.S. markets are
not open for trading. Investments in the underlying foreign securities also
involve political and economic risks distinct from those associated with
investing in the securities of U.S. issuers.

Derivatives Risk - The Fund's investments in derivatives may pose risks in
addition to those associated with investing directly in securities or other
investments, including illiquidity of the derivatives, imperfect correlations
with underlying investments or the Fund's other portfolio holdings, lack of
availability and counterparty risk.

Early Closing Risk - The Fund is subject to the risk that unanticipated early
closings of securities exchanges and other financial markets may result in the
Fund's inability to buy or sell securities or other financial instruments on
that day and may cause the Fund to incur substantial trading losses.

Foreign Issuer Exposure Risk - The Fund may invest in securities of foreign
companies directly, or in financial instruments, such as ADRs, that are
indirectly linked to the performance of foreign issuers. Foreign securities
markets generally have less trading volume and less liquidity than U.S. markets,
and prices in some foreign markets may fluctuate more than those of securities
traded on U.S. markets.

Investment Technique Risk - The Advisor does not engage in temporary defensive
investing, keeping the Fund fully invested in all market environments. This
means that, based on market and economic conditions, the Fund's performance
could be lower than other types of mutual funds that may actively shift their
portfolio assets to lessen the impact of a market decline.

Market Risk - The Fund's investments in securities and derivatives, in general,
are subject to market risks that may cause their prices, and therefore the
Fund's value, to fluctuate over time. An investment in the Fund may lose money.

Mid-Capitalization Securities Risk - The Fund is subject to the risk that
medium-capitalization stocks may underperform other segments of the equity
market or the equity market as a whole.

Non-Diversification Risk - The Fund is considered non-diversified and can invest
a greater portion of its assets in securities of individual issuers than a
diversified fund. As a result, changes in the market value of a single security
could cause greater fluctuations in the value of Fund shares than would occur in
a diversified fund.

Small-Capitalization Securities Risk - The Fund is subject to the risk that
small-capitalization stocks may underperform other segments of the equity market
or the equity market as a whole.

Trading Halt Risk - If a trading halt occurs, the Fund may temporarily be unable
to purchase or sell securities, options or futures contracts. Such a trading
halt near the time the Fund prices its shares may limit the Fund's ability to
use leverage and may prevent the Fund from achieving its investment objective.

Utilities Sector Concentration Risk - To the extent that the Fund's investments
are concentrated in issuers conducting business in the utilities sector, the
Fund is subject to the risk that the securities of such issuers will
underperform the market as a whole due to legislative or regulatory changes,
adverse market conditions and/or increased competition affecting that economic
sector. The prices of the securities of Utilities Companies also may fluctuate
widely in response to such events.
Risk, Lose Money rr_RiskLoseMoney As with all mutual funds, a shareholder is subject to the risk that his or her investment could lose money.
Risk, Nondiversified Status rr_RiskNondiversifiedStatus The Fund is considered non-diversified and can invest a greater portion of its assets in securities of individual issuers than a diversified fund. As a result, changes in the market value of a single security could cause greater fluctuations in the value of Fund shares than would occur in a diversified fund.
Bar Chart and Performance Table, Heading rr_BarChartAndPerformanceTableHeading PERFORMANCE INFORMATION -
Performance, Narrative rr_PerformanceNarrativeTextBlock
The following bar chart shows the performance of the Investor Class Shares of the Fund
from year to year. The variability of performance over time provides an indication
of the risks of investing in the Fund. The following table shows the performance of
the Investor Class Shares and Advisor Class Shares of the Fund as an average over
different periods of time in comparison to the performance of a broad-based market
index. The figures in the bar chart and table assume the reinvestment of dividends
and capital gains distributions. Of course, this past performance (before and after taxes)
does not necessarily indicate how the Fund will perform in the future.

Updated performance information is available on the Fund's website at www.rydex-sgi.com
or by calling Rydex|SGI Client Services at 800-820-0888.
Performance, Information Illustrates Variability of Returns rr_PerformanceInformationIllustratesVariabilityOfReturns The variability of performance over time provides an indication of the risks of investing in the Fund.
Performance, Availability Phone Number rr_PerformanceAvailabilityPhone 800-820-0888
Performance, Availability Website Address rr_PerformanceAvailabilityWebSiteAddress www.rydex-sgi.com
Performance, Past Does Not Indicate Future rr_PerformancePastDoesNotIndicateFuture Of course, this past performance (before and after taxes) does not necessarily indicate how the Fund will perform in the future.
Bar Chart, Narrative rr_BarChartNarrativeTextBlock
The performance information shown below for Investor Class Shares is based on a
calendar year. The year-to-date return for the period from January 1, 2011 through
June 30, 2011 is 10.74%.
Bar Chart, Closing rr_BarChartClosingTextBlock
Highest Quarter Return                      Lowest Quarter Return
(quarter ended 6/30/2003) 20.39%   (quarter ended 9/30/2002) -23.13%
Index No Deduction for Fees, Expenses, Taxes rr_IndexNoDeductionForFeesExpensesTaxes reflects no deduction for fees, expenses or taxes
Performance Table, Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate The after-tax returns presented in the table below are calculated using highest historical individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table, Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Your actual after-tax returns will depend on your specific tax situation and may differ from those shown below. After-tax returns are not relevant to investors who hold shares of the Fund through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
Performance Table, Narrative rr_PerformanceTableNarrativeTextBlock
The after-tax returns presented in the table below are calculated using
highest historical individual federal marginal income tax rates and do not
reflect the impact of state and local taxes. Your actual after-tax returns
will depend on your specific tax situation and may differ from those shown
below. After-tax returns are not relevant to investors who hold shares of
the Fund through tax-deferred arrangements, such as 401(k) plans or individual
retirement accounts.
Average Annual Returns, Caption rr_AverageAnnualReturnCaption AVERAGE ANNUAL TOTAL RETURN (for periods ended December 31, 2010)
Utilities Fund (First Prospectus Summary) | Utilities Fund | Investor
 
Risk/Return: rr_RiskReturnAbstract  
Year to Date Return, Label rr_YearToDateReturnLabel The year-to-date return for the period
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Jun. 30, 2011
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 10.74%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest Quarter Return
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2003
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 20.39%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest Quarter Return
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2002
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (23.13%)
Utilities Fund | S&P 500® Index
 
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel S&P 500® Index (reflects no deduction for fees, expenses or taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 15.06%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 2.29%
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 1.41%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 4.17%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Sep. 01, 2004
Average Annual Returns, Since Inception Secondary ck0000899148_AverageAnnualReturnSinceInceptionSecondary 1.97%
Average Annual Returns, Inception Date Secondary ck0000899148_AverageAnnualReturnInceptionDateSecondary Apr. 27, 2001
Utilities Fund | Advisor
 
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.85%
Distribution (12b-1) and/or Shareholder Service Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.77%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.87%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 190
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 588
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 1,011
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 2,190
Average Annual Returns, Label rr_AverageAnnualReturnLabel Return Before Taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 6.31%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 3.09%
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 (0.68%)
Utilities Fund | Advisor | After Taxes on Distributions
 
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 3.89%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 1.94%
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 (1.86%)
Utilities Fund | Advisor | After Taxes on Distributions and Sales
 
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions and Sale of Fund Shares
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 4.07%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 1.99%
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 (1.29%)
Utilities Fund | Investor
 
Risk/Return: rr_RiskReturnAbstract  
Management Fees rr_ManagementFeesOverAssets 0.85%
Distribution (12b-1) and/or Shareholder Service Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.52%
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.37%
Expense Example, With Redemption, 1 Year rr_ExpenseExampleYear01 139
Expense Example, With Redemption, 3 Years rr_ExpenseExampleYear03 434
Expense Example, With Redemption, 5 Years rr_ExpenseExampleYear05 750
Expense Example, With Redemption, 10 Years rr_ExpenseExampleYear10 1,646
Annual Return 2001 rr_AnnualReturn2001 (24.33%)
Annual Return 2002 rr_AnnualReturn2002 (32.37%)
Annual Return 2003 rr_AnnualReturn2003 25.41%
Annual Return 2004 rr_AnnualReturn2004 16.64%
Annual Return 2005 rr_AnnualReturn2005 10.17%
Annual Return 2006 rr_AnnualReturn2006 20.38%
Annual Return 2007 rr_AnnualReturn2007 13.20%
Annual Return 2008 rr_AnnualReturn2008 (28.09%)
Annual Return 2009 rr_AnnualReturn2009 14.03%
Annual Return 2010 rr_AnnualReturn2010 6.87%
Average Annual Returns, Label rr_AverageAnnualReturnLabel Return Before Taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 6.87%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 3.61%
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 (0.15%)
Utilities Fund | Investor | After Taxes on Distributions
 
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 4.59%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 2.52%
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 (1.30%)
Utilities Fund | Investor | After Taxes on Distributions and Sales
 
Risk/Return: rr_RiskReturnAbstract  
Average Annual Returns, Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions and Sale of Fund Shares
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 4.44%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 2.46%
Average Annual Returns, 10 Years rr_AverageAnnualReturnYear10 (0.84%)