• Introduction

    Investors often get caught up in trying to pick winning stocks.
    At Transparent Value, we believe successful investing is much more about actively avoiding stock losers.
    Picking winners requires making accurate predictions about a company’s future success, but by definition the future is completely unknowable. Basing investment decisions on the unknowable may only increase the likelihood of being wrong and investing in a loser—and the fact is that losers often end up being the greatest determinant of overall performance.

    Applying insurance company risk management lessons, Transparent Value has built an investment management platform that uses actuarial risk management techniques to manage portfolios that we believe are able to deliver more sustainable long-term investment results.

    At the heart of this process is a success measure called Required Business Performance® (RBP®) Probability, and it evaluates one simple question:
    Can management deliver the performance necessary to support the stock price?
  • MAX
    10Y
    5Y
    3Y
    1Y
    YTD
    6M
    3M
    1M
    5D
  • Corporate Address

    Transparent Value LLC

    330 Madison Avenue
    10th Floor
    New York, NY 10017
    support@transparentvalue.com


    Media Inquiries

    Doreen Frazier

    Doreen.frazier@transparentvalue.com

    212-546-7561
  • Disclaimer

    TERMS AND CONDITIONS OF USE

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    MONITORING BY TV

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    INFORMATION MADE AVAILABLE THROUGH THIS SERVICE

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    NO LIABILITY FOR CONTENT; NO LIABILITY ARISING FROM USE

    TV shall have no liability, contingent or otherwise, to you or to third parties, or any responsibility whatsoever, for the failure of any connection or communication service to provide or maintain your access to this service, or for any interruption or disruption of such access or any erroneous communication between TV and you, regardless of whether the connection or communication service is provided by TV or a third-party service provider. TV shall have no liability, contingent or otherwise, to you or to third parties, for the correctness, quality, accuracy, timeliness, reliability, performance, continued availability, completeness or delays, omissions or interruptions in the delivery of the data and services available on this website or for any other aspect of the performance of this service or for any failure or delay in the execution of any transactions through this service. In no event will TV be liable for any special, indirect, incidental or consequential damages which may be incurred or experienced on account of you using the data or services made available on this website, even if TV has been advised of the possibility of such damages. TV will have no responsibility to inform you of any difficulties experienced by TV or third parties with respect to the use of the services or to take any action in connection therewith.


    NO WARRANTIES MADE AS TO SECURITY

    TV makes no warranty whatsoever to you express or implied, regarding the security of the website, including with respect to the ability of unauthorized persons to intercept or access information transmitted by you through this service. SYSTEM OUTAGES, SLOWDOWNS AND CAPACITY LIMITATIONS/DELAYS IN ORDER ROUTING, EXECUTIONS AND TRADE REPORTS As a result of high Internet traffic, transmission problems, systems capacity limitations and other problems, you may, at times, experience difficulty accessing the website or communicating with TV through the Internet or other electronic and wireless services. Any computer system or other electronic device, whether it is yours, an Internet service provider's or TV's can experience unanticipated outages or slowdowns, or have capacity limitations.


    ACCESS TO RBP® REPORTS - FREE LOGIN

    TV currently makes RBP® Reports available without charge. TV may change its policy of offering the Reports without charge; may limit your access to multiple Reports or types of Reports or to portions of Reports; or may require you to provide certain information before using the Reports. TV may make any or all of these changes at any time without prior notice to you.


    NO DUTY TO UPDATE PREVIOUSLY-ISSUED MATERIAL

    TV may change the RBP® methodology at any time wthout notice to you, and does not undertake to advise you of any changes to a previously-issued RBP® Report that may result from changes to its methodology.


    CONTENT NOT TO BE CONSTRUED AS A SOLICITATION OR RECOMMENDATION

    This material has been prepared for informational purposes only without regard to any particular user's investment objectives, financial situation or means, and TV is not soliciting any action based upon it. This material is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy in any jurisdiction in which such an offer or solicitation, or trading strategy would be illegal. Certain transactions, including those involving futures, options and high-yield securities, give rise to substantial risk and are not suitable for all investors. Although this material is based upon information that TV considers reliable and endeavors to keep current, TV has not verified this information and does not represent that this material is accurate, current or complete and it should not be relied upon as such.


    NO DETERMINATION OF SUSTAINABILITY HAS BEEN MADE; NOT ALL RISKS ARE DISCLOSED; PRIVATE ADVISORS SHOULD BE CONSULTED

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    NO REPRESENTATIONS MADE AS TO OTHER SITES OR LINKS

    This service may provide links to certain Internet sites (the "Sites") sponsored and maintained by third parties. TV is providing such links solely as a convenience to you. Accordingly, TV makes no representations concerning the content of the Sites. The fact that TV has provided a link to the Site does not constitute an endorsement, authorization, sponsorship or affiliation by TV with respect to the Site, its owners or its providers. TV has not tested any information, software or products found on any of the Sites and therefore does not make any representations with respect thereto, including any representations regarding the content or sponsors of the Site, or the suitability or appropriateness of the products or transactions described therein.

    © Transparent Value, LLC 2014

  • S&P Dow Jones Notices

    Transparent Value Blended IndexSM and Transparent Value Large-Cap Defensive IndexSM (the “indexes”) are the property of Transparent Value, which has contracted with S&P Dow Jones indices LLC or its affiliate (“S&PDJI”) to maintain and calculate the indexes. The S&P 2 –Year Treasury Note Futures Total Return Index is the property of S&P and/ or its their party licensors and has been licensed by S&PDJI for use by Transparent Value in connection with the indexes. S&PDJI shall have no liability for any errors or omissions in calculating the indexes.

  • Privacy Policy

    Transparent Value, L.L.C. and all its affiliates (hereinafter referred to as "Transparent Value", "TV", "we" or "us") are committed to maintaining the privacy of every current, former and prospective client. We recognize that you entrust important personal information to us, and we wish to assure you that we take seriously our responsibilities in protecting and safeguarding this information.

    This Privacy Policy ("Policy") describes in detail how we deal with information that we collect on this website (the "Site").

    This Policy may be updated at any time. Please ensure that you regularly read the latest version of this page.


    INFORMATION WE COLLECT

    We may collect information about you when you use this Site or when you apply for or use other services offered by Transparent Value in the following ways:

    • We may send cookies to your computer. Cookies are strings of information that are sent out by a website and saved on your computer. We may use session-specific cookies and "web bugs" to automatically collect data about website usage when you visit this Site, including your IP address, click-stream data regarding the portions of the site that you visit and the information or other services you obtain or input (including domain name, Internet service provider, protocol, browser type, operating system, etc.) ("Usage Information"). This information is collected primarily for purposes of administering the Site, compiling demographic information and monitoring usage and performance of the Site. If you turn off the cookie function you may not receive all the information on the website.

    • If you subscribe to receive periodic communications from us or register to use the password-protected portions of our site, we will ask you to provide us with certain information about yourself. This information may include your name, company name, title, address, country of residence, e-mail address, telephone number, account number, assets, income and financial situation. We use such information about you to verify your identity and eligibility to receive certain products or services, to provide information to you about products and services that we believe may be of interest to you, to record your interest in products and services that we offer and to respond to your requests for information. We may also use cookies or web bugs on such portions of our Site to collect usage information and to facilitate your movement within the Site (e.g. remembering passwords during a session and recording the country you may have elected as your country of residence).

    • We may collect information concerning the attachments you open within newsletters that are sent to you electronically.

    • We may also collect personal information about you from applications, forms or questionnaires you may complete or agreements you enter into with us or in the course of your establishing or maintaining a customer relationship with us, including information about your credit history or financial situation, and your transactions with us or others who provide services to us.

    If you decline to provide us with the personal information we require, then we may not be able to make investment products available to you or to provide other services to you.


    SECURITY OF DATA TRANSFERS

    Transparent Value maintains physical, electronic and procedural safeguards to guard your personal information, including firewalls, individual passwords and encryption and authentication technology. However, please note that whenever data is transported over an open network, such as the Internet or e-mail, it may be accessible to anybody.

    Transparent Value cannot guarantee the confidentiality of any communication or material transmitted via such open networks. When disclosing any personal information via an open network, you should remain mindful of the fact that it is potentially accessible to others, and consequently, can be collected and used by others without your consent. Your data may be lost during transmission or may be accessed by unauthorized parties.

    We do not accept any liability for direct or indirect losses as regards the security of your data during its transfer via Internet. Please use other means of communication if you think this is necessary or prudent for security reasons.


    PROTECTION, PROCESSING AND USE OF PERSONAL DATA

    We use your personal information to enhance the quality of the products or services we wish to provide to current and future customers or in connection with your investments with or through us and to maintain contact details for those with whom we deal. We restrict access to personal information about you to those employees, agents or other parties who need to know that information to provide products or services to you or in connection with your investments with or through us.

    We maintain physical, electronic and procedural safeguards to guard your personal information, including firewalls, individual passwords and encryption and authentication technology. We do not use for purposes other than as set out above, or disclose to any third party any personal information about our customers or former customers, except with such customer's consent or as otherwise permitted or required by law.

    In cases where we believe that additional products and services may be of interest to you, we may share your personal information with affiliates of Transparent Value to the extent permitted by applicable law. We may also disclose this information to firms that perform services on our behalf to the extent permitted by applicable law. These service providers are required to treat the information confidentially and use it only for the purpose for which it is provided. Certain jurisdictions may have more stringent privacy requirements that will prevent disclosure of your personal information to any other person or entity, including affiliates. We will retain your personal information in accordance with applicable data protection laws for so long as it is needed.


    LINKS

    This Site may contain links to other websites that are not operated or monitored by Transparent Value. These other websites are not subject to this Policy and we are not responsible for their content or for the policy they apply to the treatment of personal data. We recommend that you read the policy used by these websites and check how these websites protect your personal data and whether they are trustworthy.