The fund seeks to replicate total return performance of the Guggenheim RBP Dividend Index before fees and expenses by investing in mid-and large-size companies in the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team relies on a passive inves More

The fund seeks to replicate total return performance of the Guggenheim RBP Dividend Index before fees and expenses by investing in mid-and large-size companies in the United States.

The investment process starts with a list of companies in the benchmark index and the research team utilizes quantitative techniques and fundamental analysis to identify investment opportunities.

Next, the research team relies on a passive investing style to invest in securities of dividend paying companies.

In selecting securities for the portfolio, the research team employs the proprietary Required Business Performance probability scores.

The RBP Probability scores indicate the probability that the company will achieve its business performance in the future.

Additionally, the team utilizes a sampling methodology to select securities that represent a sample of the securities in the Index with a similar investment profile as the Index in terms of key risk factors, performance attributes and other characteristics.

Then the manager constructs a portfolio of stocks from a list of companies favored by the research team and allocates capital based on its conviction level.

Also, the fund seeks to replicate the composition of the benchmark index, holding each security in approximately the same proportion as its weighting in the Index.

Additionally, the fund will hold 25% or more of its net assets in a particular industry or sector to approximately the same extent that the Index is so concentrated.

The fund may invest up to 20% of its net assets in common stocks and real estate investment trusts not included in the index, as well as in exchange-traded funds, futures, put and call options, interest rate, index and total return swap contracts, cash and cash equivalents.

The fund could invest some or all of its assets in cash, fixed-income instruments, government bonds, money market instruments, repurchase agreements or securities of other investment companies, under adverse, unstable or abnormal market conditions.