Risk Disclosure
Last updated: March 2026
Investing involves risk, including the possible loss of principal. Investors should carefully review all investment information and consider their financial circumstances before making any investment decision.
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General Investment Risks
All investments involve risk. The value of securities and other financial instruments may fluctuate due to changes in market conditions, interest rates, economic developments, or other factors.
Investors may lose part or all of their investment. Diversification does not guarantee profits or protect against losses in declining markets.
ETF Risks & Fees
Commissions, management fees and expenses may be associated with investments in exchange-traded funds (ETFs) sub-advised by WaveFront Global Asset Management Corp.
Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated.
Investing in the WaveFront All Weather ETF involves risk, including the possible loss of principal. While the Fund is designed to help manage risk through diversification across asset classes and strategies, it may decline in value during certain market conditions.
Derivatives & Futures Risk
Certain investment strategies employed by WaveFront may involve the use of derivatives, futures contracts, options, and other financial instruments.
These instruments may introduce additional risks including leverage, liquidity constraints, counterparty risk, and increased volatility. Losses may exceed the initial investment in certain circumstances.
Managed futures and systematic strategies may perform differently than traditional equity or bond investments and may experience periods of underperformance.
Performance Disclosure
Past performance does not guarantee future results. Investment returns will fluctuate and investors may experience gains or losses.
ETF shares may trade at market prices that differ from their net asset value (NAV), and investors buying or selling shares in the secondary market may receive more or less than NAV.
Not Investment Advice
The information contained on this website is provided for informational purposes only and does not constitute investment, legal, tax, or accounting advice.
Nothing on this website should be interpreted as a recommendation to buy or sell any security or investment product.
Jurisdictional Notice
This website does not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction where such an offer would be unlawful.
WaveFront products and sub-advised products may not be offered in certain jurisdictions, including the United States, or to U.S. persons unless permitted under applicable law.
Important Legal Information
Investors should carefully review all relevant offering documents, including prospectuses and fund disclosures, before investing. Investment products involve risk and may not be suitable for all investors.