Andrew Kern, PhD
Vice President


Andrew Kern is a Vice President of Research and Communications initiatives for Transparent Value, LLC. He is responsible for the research operations of the firm and providing on-going communications to the media and Transparent Value clients.

Dr. Kern holds an MBA and PhD in Finance from the Trulaske College of Business at the University of Missouri. His research interests are focused in the areas of asset pricing and limitations of market efficiency. He is also a managing member of Empirical Finance, LLC. Before joining Transparent Value, he was an investment adviser representative and principal of a state-registered investment adviser.

Dr. Kern has an extensive teaching resume and has taught many undergraduate and MBA-level courses in investments. He has received widespread acclaim for the course he taught during his doctoral studies at Trulaske called "The Investment Strategies of Warren Buffett" and has appeared in two CNBC documentaries about Warren Buffett. Before graduate school, Dr. Kern worked in Treasury Services at Washington University.

Glossary
The Funds are new and have limited operating history. An investment in the Funds involves risks, including loss of principal. No assurance can be given that the investment objectives described herein will be achieved.

ADI is not affiliated with Guggenheim Investment Management, LLC, Transparent Value Advisors, LLC (“TVA”) and/or Guggenheim Partners, LLC. TVA and ADI are not affiliated with Dow Jones. Transparent Value Funds are distributed by ALPS Distributors, Inc (“ADI”).

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