Guggenheim IntroducesThree Mutual Funds

A news release said the funds are based upon the Dow Jones RBP Family of Directional Indexes, and the components of each index are determined using a methodology called Required Business Performance (RBP).

Developed by Transparent Value, RBP measures the company business performance that is implied in the price of a stock. Once the RBP has been calculated, a probability is assigned as to the likelihood that the management of a given company can deliver that RBP. The funds use a management strategy designed to track the total return performance of their respective Dow Jones Index, according to the announcement.

Transparent Value’s initial three funds are:

• Transparent Value Dow Jones RBP U.S. Large-Cap Aggressive Index Fund,
• Transparent Value Dow Jones RBP U.S. Large-Cap Defensive Index Fund, and 
• Transparent Value Dow Jones RBP U.S. Large-Cap Market Index Fund.