Because a stock price implies a certain Required Business Performance^®   to support that stock price. We want to own companies whose management can deliver the Required Business Performance^®   to support the stock price. We want to avoid companies whose management cannot.

While many active managers try to guess what a company will do in the future, we believe the key to successful investing is determining what a company must do. Transparent Value’s family of mutual funds are based on this principle. Using the fact-driven, forecast-free RBP^®   Methodology, Transparent Value’s disciplined stock selection process aims to invest in companies that are the most likely to deliver the Required Business Performance^®   to support the stock price.