Disclosures
IMPORTANT DISCLOSURE TO RECIPIENT:
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
This website is not an offer to sell or a solicitation of an offer to buy securities of any fund advised or sub-advised by Dynamic Beta investments LLC (“DBi” or the “Firm”). The information herein is not intended to provide nor should be construed as financial advice. Funds are listed for informational purposes only and should not be considered a recommendation to sell or to purchase any specific security. This communication is prepared and circulated for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to purchase any fund or programs (“Programs”) offered by DBi in any jurisdiction. Such an offer may only be made pursuant to the definitive Offering Memorandum (“Memorandum”), Trading Advisory Agreement or relevant governing documents of the Programs. This communication is not intended to provide specific investment advice or recommendations to any particular recipient. Clients in certain of the programs must meet the qualifications of a “qualified eligible person” within the meaning of Regulation 4.7 under the Commodity Exchange Act.
Regulatory Disclosures
We are providing this general disclosure statement (“General Disclosure Statement”) and, if applicable, any related supplemental disclosure statements pursuant to certain rules of the Commodity Futures Trading Commission (“CFTC”) and the Securities and Exchange Commission (“SEC”). The fact that this General Disclosure Statement or any supplemental disclosure statement describes, or discusses considerations relevant to, a type of transaction should not be construed as having any implications for the characterization of that type of transaction. You should not construe the content of this General Disclosure Statement as legal, financial, tax, accounting or other advice. More generally, we are not providing you with legal, financial, tax, accounting, or other advice in connection with any transactions or any underliers, and you should consult your own attorney, financial advisor, tax advisor or accountant as to legal, financial, tax, accounting and related matters concerning any transactions.
The Programs referred to herein are not managed against the indices shown or against any other benchmark. The Programs are active and not managed in relation to any benchmark. This data is being shown for illustrative purposes only. The index is not representative of the entire population of CTAs or hedge funds. The index’s performance may not be indicative of any individual CTAs or hedge funds. The index may not have been adjusted for fees/commissions. The index cannot be traded by individual investors. The actual rates of return experienced by investors may be significantly different and more volatile than those of the index.
Pursuant to an exemption from the CFTC in connection with accounts of qualified eligible persons, this communication is not required to be and has not been filed with the commission. The CFTC does not pass upon the merits of participating in a trading program or upon the adequacy or accuracy of commodity trading advisor documents or brochures. Consequently, the Commodity Futures Trading Commission has not reviewed or approved this trading program or this brochure or account document.
The information set forth herein is provided for discussion purposes only, does not purport to be complete, is only a summary of key information and does not contain certain material information about the products managed or sub-advised by DBi. Amounts set forth in this communication and any attachments hereto are estimated and unaudited, have not been independently verified and are subject to change. Any investment in a product is subject to the documents relating to such investment which contain additional information, including disclosures relating to substantial risk factors and conflicts of interest which may not be set forth herein. Some of the information presented in this website includes information that has been obtained from third-party sources that are believed to be reliable but DBi presents no guarantee as to that reliability.
Risk Factors
An investment in any DBi Program involves a significant degree of risk. The following considerations should be carefully evaluated. Any decision by an investor to invest in the Programs should be made after a careful review of the Memorandum, the conduct of such investigations as an investor deems necessary or appropriate and after consultation with legal, accounting, tax and other advisors in order to make an independent determination of the suitability and consequences of an investment in the Programs or products managed or sub-advised by DBi.
Investment in the Programs is speculative and involves a high degree of risk, including the risk that the entire amount invested may be lost. The use of a proprietary technique, model or algorithm does not guarantee any specific or profitable results. There is no assurance that the Programs will be profitable. Investment returns will fluctuate and the value of an investor’s interest in a Program will fluctuate and may be worth more or less than the original cost when redeemed.
Past Performance
Past performance does not guarantee future results, as there can be no assurance Programs will achieve results similar to those depicted herein. Investing involves risk, including the potential loss of principal, and returns may be adversely impacted by unforeseen changes in market and/or economic conditions. Certain statements included in this presentation are forward-looking statements and are subject to risks and uncertainties. Any reference to an index is included for comparative purposes only. Indexes are unmanaged vehicles that serve as market or sector indicators and do not account for management fees or transactional costs. DBi does not represent that any such index is an appropriate benchmark as the volatility and composition of these indexes may differ materially from the accounts or funds managed or sub-advised by DBi.
Performance figures are net of expenses and management fees and include the reinvestment of any dividends and interest. Individual performance may vary based on the timing of, and/or the terms with respect to, a particular investor’s investment.
If the underlier for a Program is an index, the underlier may not have a performance history. If we provide you with a hypothetical historical performance analysis of an index, you should be aware that any such analysis inherently involves assumptions, estimates and approximations. You should also understand that the future performance of the index is impossible to predict and therefore no future performance of the index or any transaction may be inferred from any of the historical simulations. Hypothetical performance data are not indicative of, and have no bearing on, the potential performance of the index or any transaction or Program. Accordingly, there can be no assurance that these valuations are accurate and the actual realized return on these investments may differ materially from the expected returns.
Certain information contained herein constitutes “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “seek” “expect,” “anticipate,” “target,” “project,” “estimate,” “intend,” “continue,” “believe,” the negatives thereof, other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or the actual performance of the Programs may differ materially from those reflected or contemplated in such forward-looking statements.
THE INFORMATION CONTAINED IN THIS COMMUNICATION IS INTENDED SOLELY FOR THE USE OF THE INDIVIDUAL OR ENTITY TO WHOM IT IS ADDRESSED AND MAY CONTAIN CONFIDENTIAL OR LEGALLY PRIVILEGED INFORMATION. IF YOU, THE READER OF THIS MESSAGE, ARE NOT THE INTENDED RECIPIENT, YOU SHOULD NOT DISSEMINATE, DISTRIBUTE, COPY OR TAKE ANY ACTION IN RELIANCE ON THE CONTENTS OF THIS COMMUNICATION. IF YOU HAVE RECEIVED THIS COMMUNICATION IN ERROR, PLEASE NOTIFY US IMMEDIATELY BY RETURN EMAIL AND DELETE THIS EMAIL FROM YOUR SYSTEM. EMAIL TRANSMISSION CANNOT BE GUARANTEED TO BE SECURE OR ERROR-FREE AS INFORMATION COULD BE INTERCEPTED, CORRUPTED, LOST, DESTROYED, ARRIVE LATE OR INCOMPLETE, OR CONTAIN VIRUSES. THE SENDER THEREFORE DOES NOT ACCEPT LIABILITY FOR ANY ERRORS OR OMISSIONS IN THE CONTENTS OF THIS MESSAGE WHICH ARISE AS A RESULT OF EMAIL TRANSMISSION. IF VERIFICATION IS REQUIRED, PLEASE REQUEST A HARD-COPY VERSION. DYNAMIC BETA INVESTMENTS IS NEITHER LIABLE FOR THE PROPER AND COMPLETE TRANSMISSION OF THE INFORMATION CONTAINED IN THIS COMMUNICATION NOR FOR ANY DELAY IN ITS RECEIPT.
