IMPORTANT DISCLOSURE INFORMATION

 

 

Smooth Sailing Indexes, Inc. (“Smooth Sailing”) is an Index Provider established in 2016.  The various index fact sheets assembled by Smooth Sailing represent performance results during the corresponding time period indicated in that material.  Smooth Sailing does not utilize these indices in managing actual client assets.  Please note, however, that Smooth Sailing receives compensation in connection with licensing rights to its indices.

 

Past performance of each Smooth Sailing index is not an indication of future results. You cannot invest directly in any Smooth Sailing index. Therefore, no current or future user or licensee should assume that future performance will be profitable, or equal either the performance results reflected, or the performance results for any of the comparative benchmarks provided. It should not be assumed that Smooth Sailing’s index holdings will correspond directly to holdings in any of the comparative benchmarks. The historical performance results for the indices are provided for educational purposes to assist a licensee or potential licensee in determining whether to purchase a license from Smooth Sailing. The Smooth Sailing index may be more or less volatile than the comparable benchmark indices. Performance of any Smooth Sailing index does not represent actual fund or portfolio performance. A fund or portfolio may differ significantly from the securities included in an index.

 

A decision to invest in any such fund or portfolio should not be made in reliance on any of the statements set forth in this website or in the Fact Sheet material. Inclusion of a security within any Smooth Sailing index is not a recommendation by Smooth Sailing to buy, sell, or hold such security, nor is it considered to be investment advice. Index performance does not reflect any management fees, transaction costs or other expenses that would be incurred by a portfolio or fund, or brokerage commissions on transactions in fund shares. Such fees, expenses and commissions would reduce returns. Performance results do not consider the impact of taxes. For example, if an investment adviser charged a an annual advisory fee of 1% incurred over a 10 year period, this would reduce a 10% gross result to an 8.9% net result.   A financial entity that licenses rights from Smooth Sailing may begin the relationship in the middle of a rebalancing period of any of our indexes.  This can potentially produce different results up to the next rebalancing date. The timing of account additions or withdrawals undertaken by a licensee can affect portfolio return results compared to index results.  Smooth Sailing has no control if a licensee adds, omits or otherwise uses different constituents not found in the index, or inaccurately rebalances portfolios in a manner that is not in alignment with any licensed index.  These events can also produce different results than the underlying index.  Since the launch date of each index, index calculations are serviced by Solactive AG, who presents real time index calculations reflected by the constituent changes provided to Solactive AG by Smooth Sailing. The indices include reinvested dividends and interest in their calculations. 

 

All information presented prior to the launch date of any Smooth Sailing index is back-tested. Back-tested performance is not actual performance; it is hypothetical.  That is, Smooth Sailing uses   hypothetical, back-tested results, that were achieved by means of the retroactive application of a back-tested portfolio and, as such, the corresponding results have inherent limitations. For example, the index results do not reflect the outcome of actual trading using client assets, but were achieved by means of the retroactive application of each of the referenced indices, certain aspects of which may have been designed with the benefit of hindsight.  Back-tested calculations are based on the same methodology that was in effect when the index was officially launched. Also, back-tested performance may not reflect the impact that any material market or economic factors might have had on the hypothetical index if the licensee used it during the actual period. However, it should also be noted that the historic calculations of an economic or technically based index may change from month to month based on revisions to the underlying economic and price data used in the calculation of the index. No hypothetical record can completely account for the impact of financial risk in actual trading.

 

Standard deviation calculations of the indexes and their benchmarks is calculated using an entire population method, which includes completed annual returns.

 

All information relating to any Smooth Sailing index is impersonal and not tailored to the specific financial circumstances of any person, entity or group of persons.  A complete description of each index is available upon request.

 

No Solicitation of Investment Advice: Smooth Sailing is not offering or rendering investment or financial planning advice through this web site. This web site is limited to dissemination of general information about Smooth Sailing's services and as a means of contacting us. Data and information are provided for informational purposes only and are not intended for trading purposes. Smooth Sailing gives no warranty, express or implied, as to the accuracy, reliability, utility or completeness of any information contained in this website. Neither Smooth Sailing, nor any of its data or content providers shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Smooth Sailing is not responsible for the contents of any third party web site which may link to its website. Smooth Sailing reserves the right at any time, and without notice, to change, amend, or cease publication of the indices.