Guggenheim RBP Blended Index and Guggenheim RBP Large-Cap Defensive 100 Index (the "Indices") are the property of Guggenheim Partners Investment Management, LLC and its affiliates (collectively, "Guggenheim"), which has licensed them to New Age Alpha LLC, which has contracted with S&PDJI to maintain and calculate the Indices. The S&P 2-Year U.S. Treasury Note Futures Total Return Index is the property of S&P and/ or their third-party licensors and has been licensed by S&PDJI for use by New Age Alpha in connection with the Indices. S&PDJI shall have no liability for any errors or omissions in calculating the Indices.
Guggenheim, RBP and Required Business Performance are registered trademarks of Guggenheim and are the property of Guggenheim and licensed to New Age Alpha. All New Age Alpha trademarks are owned by New Age Alpha LLC. All other company or product names mentioned or displayed herein are the property of their respective owners and should not be deemed to be a sponsorship or an endorsement of any New Age Alpha product. Notwithstanding the foregoing, the names and trademarks of S&P, Dow Jones, and Refinitiv and all other providers are the property of their respective owners and should not be deemed to be an endorsement of any Guggenheim or New Age Alpha product.
New Age Alpha LLC ("New Age Alpha") has licensed the Guggenheim RBP Blended Index, Guggenheim RBP Large-Cap Defensive 100 Index (collectively the "Indices") and the RBP methodology from Guggenheim effective October 25, 2024. Guggenheim has no liability for the Indices or the use thereof. The Required Revenue calculation has been modified on 10/28/2024. New Age Alpha has developed an algorithm that aims to replicate the prior Required Revenue calculation to generate RBP probabilities. Although this algorithm differs from Guggenheim's original process, the back-tested historical returns generated by this algorithm and verified by S&P Dow Jones Indices LLC or its affiliate ("S&PDJI") are similar to the returns of the existing Guggenheim RBP Large-Cap Defensive 100 Index and Guggenheim RBP Blended Index. The results maintain the objectives of the current indexes. Furthermore, the main premise of RBP, which is: "the revenue growth necessary to support the stock price", is still captured by this new algorithm. The Guggenheim RBP Blended Index Methodology Overview and the Guggenheim RBP Large-Cap Defensive 100 Index Methodology Overview represents the Indexes methodologies as of October 28, 2024. The Guggenheim RBP Blended Index (the "Index") was first calculated on March 20, 2013, at the market close. The Guggenheim RBP Large-Cap Defensive 100 Index was first calculated on May 18, 2009, at the market close.
An index is unmanaged, not subject to fees and not available for direct investment.
The third-party valuation models are sourced from Refinitiv IBES data package.
This material is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security or fund interest, nor does it constitute an offer to provide investment advisory or other services. The information provided is the property of Guggenheim and New Age Alpha. No part of this document may be reproduced, stored, or transmitted by any means without the express written consent of Guggenheim or New Age Alpha. The information may not be used to create derivative instruments, such as indices or financial models, or used in connection with the issuing, offering, or marketing of any investment vehicle.
No representation or warranty is made by Guggenheim or any of their affiliates or New Age Alpha or any of its affiliates as to the sufficiency, relevance, importance, appropriateness, completeness, or comprehensiveness of the information contained herein for any specific purpose. Neither Guggenheim nor New Age Alpha make any guarantee that this proprietary methodology will be successful.
No claim is made that RBP can, in and of itself, be used to determine which securities to buy or sell, when to buy or sell them or that investment products based on the indices will accurately track index performance or provide positive investment returns. Inclusion of a security within an index is not a recommendation by Guggenheim or New Age Alpha to buy, sell, or hold such security, nor is it considered to be investment advice.
Index returns do not represent the results of actual trading of investible assets/securities. S&PDJI maintains the Index and calculates the Index levels and performance shown or discussed, but does not manage actual assets. Accordingly, indices should not be relied upon to make predictions of actual future account performance. Past performance of an index is not an indication or prediction of future results. Neither Guggenheim nor New Age Alpha have any obligation to provide recipients hereof with updates or changes to data. The performance of an index does not reflect the reinvestment of dividends and does not reflect the deduction of fees or expenses that an investor may pay to purchase the securities underlying the index or any investment fund that is intended to track the performance of the index, which would reduce the returns of the index.
Neither Guggenheim nor New Age Alpha make any assurance that any investment products based on the index will accurately track index performance or provide positive investment returns. Neither Guggenheim nor New Age Alpha make any representation regarding the advisability of investing in any such investment fund or other investment product. A decision to invest in any such investment fund or other investment product should not be made in reliance on any of the statements set forth in this document. This material is distributed with the understanding that it is not rendering accounting, investment, legal or tax advice. Please consult your investment, legal or tax advisor concerning such matters.
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