Disclosure.

This website and its content is intended only for professional investors and those affiliated with Registered Investment Advisors in the United States .

This website contains editorials and opinion pieces on a variety of topics, including the performance and risk characteristics of various asset classes, often represented by indexes. These opinions are in no way to be construed as investment, legal or tax advice. They are for informational and educational purposes only. They may change at any time, and may not reflect our most recent thinking.

Additionally, it should be noted that while analysis and opinions expressed on this website are sometimes based on analysis of historical patterns of risk and return, past performance is not indicative of future results. There is no assurance that in the future, any investment product, market, benchmark index or investment strategy will continue to behave in ways similar to the past.

Further, for simplicity, most analyses and charts are provided without accounting for the implementation costs and taxes that may apply to individual client accounts. Individual circumstances require individualized advice direct from a financial advisor.

Please contact us with any questions here.