InspereX ETF Disclaimer
InspereX LLC (“InspereX”) and its affiliates explicitly disclaim any responsibility for product suitability or suitability determinations related to individual investors. This information should not be regarded by recipients as a substitute for the exercise of their own independent judgment and the information provided herein is not an offer, solicitation or a recommendation to buy, sell or hold any security or investment strategy. There can be no assurance that investments shown herein were or will be profitable and this material does not take into account any investor’s particular investment objectives, financial situation, particular needs, strategies, tax status or time horizon. Further, any material contained herein should not be considered, construed, or followed as research material.
Exchange-traded funds (ETFs) are subject to market volatility and the risks of their underlying investments, which may include risks associated with investing in smaller companies, foreign securities, equity securities, commodities, and fixed income investments. Foreign securities are subject to interest rate, currency exchange rate, economic, and political risks, all of which are magnified in emerging markets. ETFs that target a small universe of securities, such as a specific region or market sector, are generally subject to greater market volatility, as well as to the specific risks associated with that sector, region, or other focus. ETFs that use derivatives, leverage, or complex investment strategies are subject to additional risks. Each ETF has a unique risk profile, detailed in its prospectus, offering circular, or similar material, which should be considered carefully when making investment decisions.
The return of an index ETF is usually different from that of the index it tracks because of fees, expenses, and tracking error. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund. The degree of liquidity can vary significantly from one ETF to another, and losses may be magnified if no liquid market exists for the ETF's shares when attempting to sell them. Past performance is no guarantee of future results.
Diversification and asset allocation do not ensure a profit or guarantee against loss.
There can be no assurance that an ETF will achieve its stated objectives. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index.
Actively managed funds do not seek to replicate the performance of a specified index, may have higher portfolio turnover, and may charge higher fees than index funds due to increased trading and research expenses.
Investors should consider carefully information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges, and expenses. You can request a prospectus by calling 561-361-1100. Please read the prospectus carefully before investing.
The strategies discussed herein are strictly for illustrative and educational purposes and are not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. There is no guarantee that any strategies discussed will be effective.
There can be no guarantee that Buffered ETFs will be successful in their strategy to provide downside protection against losses of the underlying assets. ETFs do not provide principal protection and despite the stated approximate buffer (the “Buffer”), an investor may experience significant losses on their investment, including the loss of their entire investment. In the event an investor purchases ETF shares after a Hedge Period begins or sells ETF shares prior to the end of the Hedge Period, the returns realized by the investor will not match those that the ETF seeks to provide. In periods of extreme market volatility, the ETF’s return may be significantly lower than a stated Buffer and an upside limit significantly below the stated approximate cap (the "Cap"). Moreover, a new Cap is established during each Rebalance Period and is dependent upon current market conditions. As such, the Cap is likely to change, sometimes significantly, from one Hedge Period to the next.
Buffered ETFs may invest in FLEX Options that reference the ETF, underlying asset(s), or index. FLEX Options are subject to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation, and they may be less liquid than other instruments. The value of FLEX Options may be affected by interest rate changes, dividends, actual and implied volatility levels of the referenced ETF, underlying asset(s) or index price, and the remaining time until the FLEX Options expire. Because of these factors, the ETF NAV may not increase or decrease at the same rate as the ETF’s underlying assets or index share price.
This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change.
The information contained herein does not constitute an offer to sell or a solicitation of an offer to buy securities. Investment products described herein may not be offered for sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful or prohibited by the specific offering documentation.
InspereX LLC receives compensation from the ETFs advisor and/or its affiliates in connection with a marketing program that includes the promotion of the securities discussed herein and other ETFs to customers ("Marketing Program"). The Marketing Program creates incentives for InspereX LLC to encourage the purchase of certain ETFs. Additional information about the sources, amounts, and terms of compensation is in the ETF's prospectus and related documents.
This information is subject to change without notice. InspereX does not warrant the accuracy or completeness of any information contained herein and provides no assurance that this information is, in fact, accurate. Data provided by third-party sources is believed to be reliable, and there is no representation or warranty as to the current accuracy of, or liability for, decisions made based on this material. Neither InspereX, its affiliates, nor its partners make any representations or guarantees as to the accuracy or completeness of data from third-party sources.