General Investment Risks. With investing, your capital is at risk and investments can fluctuate in value and you may get back less than you invest • Under this service we will make decisions which we deem suitable for you based on the information you have provided. If you do not notify us of a relevant change in your circumstances, we may not be able to make informed and suitable decisions to trade. • When you withdraw from your investment, you may get back less than your goal because: o your investments grow less than illustrated; o you have taken money out; and/or o you do not invest as planned. • If you cancel and your investments have fallen in value, you will not get back the full amount you invested or transferred
General Investment Risks. You acknowledge that: • Investing in securities involves risk of loss that you should understand and be prepared to bear. Investment performance of any kind can never be predicted or guaranteed and the value of Your Brokerage Account will fluctuate due to market conditions and other factors. Past performance does not guarantee future results. • Back tested performance of the Suggested Portfolio, the Selected Portfolio, or other Portfolios are hypothetical and do not reflect actual investment results. Any hypothetical back tested returns associated with any Portfolio are based on assumptions and do not reflect actual results of any particular account. The performance results were derived from the retroactive application of a model developed within the benefit of hindsight and not with real money at stake. No representation is being made that Your Brokerage Account will or is likely to achieve results similar to those shown. Actual results may differ significantly from the hypothetical returns that are presented. • Projected returns are hypothetical, do not reflect actual investment results, and are not guarantees of future results. Such projected performance is subject to a number of limitations and assumptions designed to determine the probability or likelihood of a particular investment outcome based on a range of possible outcomes. Performance of the Suggested Portfolio, your Selected Portfolio, other Portfolios or Your Brokerage Account may differ materially from investment gains and avoidance of investment losses projected, described, or otherwise referenced in forward-looking statements, and the projected returns associated with any Portfolio may not materialize. • By participating in the Program you may lose opportunities to make other investments and to realize gains from such other investments. • Data provided by Adviser may not be free from error or inaccuracies. • Investments in Your Brokerage Account are not guaranteed by the Federal Deposit Insurance Corporation (“FDIC”), any bank, or any government, except that Your Brokerage Account may include an allocation to cash held in an FDIC-insured deposit account opened by the Custodian at a participating bank, subject to the FDIC coverage limit of $250,000 per depositor in each insurable capacity (e.g., individual or joint) at the relevant participating bank. If you have other deposits at the relevant participating bank, such deposits may be aggregated with the cash held in the bank sweep program fo...
General Investment Risks. Price and Market Risks - The prices of Digital Assets fluctuate, sometimes dramatically, as a result of unique features that make them more likely in value. Trading in Digital Assets can therefore be very risky and volatile. The price of a Digital Asset may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling Digital Assets. Factors beyond SDA or the Customer’s control, such as regulatory activity, market manipulation, or unexplainable price volatility, may affect market liquidity for a particular Digital Asset. Digital Assets are subject to limited transparency as there might be little publicly available information that could help gauge the fair value of the Digital Asset. This could lead to speculative forces driving up unit prices resulting in volatile price swings, or there could be a collapse in demand and prices. Blockchain networks may go offline as a result of bugs, Forks, or other unforeseeable reasons. As a general matter, Customers with limited trading experience and low risk tolerance should not engage in active trading with SDA. Speculating on the value of Digital Assets is high risk and Customers should never trade more than they can afford to lose. The Customer’s position on various Transactions may be liquidated at a loss and the Customer will then be liable for any resulting deficit. Under certain circumstances, it may be difficult to liquidate an existing position, assess the value, determine a fair price or assess its exposure to risk. The specifications of outstanding contracts may also be modified by a clearing house to reflect changes in the underlying asset. By entering into any particular Transaction for Digital Assets, you represent that you have been, are and will be solely responsible for making your own independent appraisal and investigations into the risks of the Transactions and Digital Assets and have sufficient sophistication, knowledge and professional assistance or experience to assess the risks of any Transactions and Digital Assets. Risks of Digital Assets Specialized or sophisticated technical knowledge is required to understand Digital Assets. Advanced background in cryptography and coding would be required in order to appreciate the inherent risks. The willingness of SDA to enter into any particular Transaction in relation to any particular Digital Asset is not an indication of SDA’s approval or disapproval of the underlying...
General Investment Risks. There are at least three principal types of risk that can adversely affect the investment approach of the Fund: (1) Market Risk; (2) Strategy Risk; and (3) Manager Risk. Market risk is common to an entire class of assets such that the value of investments may decline over a given time period simply because of economic changes or other events that impact large portions of the markets. Strategy risk is associated with the failure or deterioration of an entire strategy (such that most or all investors in that strategy suffer significant losses). Manager risk relates to the possibility of loss due to manager fraud, intentional or inadvertent deviations from a pre-defined investment strategy (including excessive concentration, directional investing outside of disclosed ranges, excessive leverage or experimentation with new capital markets) or simply poor judgment. Manager risk poses a significant risk of loss to the Fund, as the Fund will invest substantially all of its assets with a single trading manager and in a single trading vehicle, as compared to developing its own diversified portfolio.
General Investment Risks
