Disclosures

GENERAL DISCLOUSURES

The comparison of the volatility of Reppond Investments, Inc.’s strategies to the volatility of any stock market index is for illustrative purposes only. The differences between Reppond Investments Inc.’s results and those of the indices may be different due to differences in diversification and by the properties of the actual securities held by Reppond Investments, Inc.  Different types of investments involve varying degrees of risk and there can be no assurance that any specific investment will be profitable or not.

The comparison of the volatility of Reppond Investments, Inc.’s strategies to the volatility of any stock market index is for illustrative purposes only. The differences between Reppond Investments Inc.’s results and those of the indices may be different due to differences in diversification and by the properties of the actual securities held by Reppond Investments, Inc.  Different types of investments involve varying degrees of risk and there can be no assurance that any specific investment will be profitable or not.Reppond Investments, Inc. does not make any guarantee that our strategies will or are likely to achieve returns similar to those shown in the performance graphs in this presentation. Reppond Investments, Inc. reserves the right to trade different ETFs or mutual funds within their strategies than those reflected in the models shown.  Stock market indices are unmanaged, broadly based indices, which differ in numerous respects from the specific portfolio composition. An investor cannot invest directly in these.  Dividends and income are included in the index returns. The S&P 500 is a trademarked term of the McGraw Hill Company, and index data was compiled from sources we believe to be reliable.  However, Reppond Investments, Inc. makes no representations or guarantees with respect to the accuracy or completeness of that type of data.

Past performance is not indicative of future results. Therefore, no current or prospective client should assume that future performance will be profitable. The historical performance results for indices and index funds, used as proxies for indices, are provided exclusively for comparison purposes.  They are intended to provide general comparative information to help an individual client or prospective client in deciding whether the performance of Reppond Investments, Inc.’s strategies meets, or continues to meet, his/her investment objective(s).  An investor should not assume that any strategy used by Reppond Investments, Inc. will directly correspond to any such comparative index.

Different types of investments and/or investment strategies involve varying levels of risk. There can be no assurance that any specific investment or investment strategy (including the investment strategies devised or undertaken by Reppond Investments, Inc.) will be profitable for a client’s or prospective client’s portfolio. All performance results have been compiled solely by Reppond Investments, Inc. and are from sources we believe to be reliable. They have not been independently audited or verified.Rates of returns for the active management of Reppond Investments, Inc.’s investment strategies are reported through Theta Research and TimerTrac.  These rates of return are calculated using the following methods: 

⦁ Monthly rate of return is the return on each investment in the specific model portfolio or strategy.   It is the weighted average of returns and roughly approximates what a portfolio holding those securities would have returned during the reporting period.  Each investment’s individual return is combined using a weighted average with all of the investments in a model portfolio or strategy. 

⦁ Annualized rate of return is the geometric mean of the returns with respect to one year. 

⦁ Total return on investment tells the investors the percentage gain or loss on asset based upon the purchase price

.Reppond Investments, Inc. uses two approaches to investment management: Buy-and-hold, and active investment management.  Buy-and-hold strategies utilize low cost ETFs whenever possible.  These ETFs are allocated based on historical performance and risk in a way to best match with the client’s goals. Actively managed strategies are quantitatively driven and governed by pre-defined buy and sell rules for index selection.

Investments in securities involve risk and the loss of investment principal is possible. Investments in securities will not always be profitable.  Reppond Investments, Inc. is a Registered Investment Adviser.  We may not transact business in states where we are not appropriately registered, excluded or exempt from registration.  Individual responses to people that involve either the effecting of transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without registration or exemption.

SPECIFIC THETA RESEARCH DISCLOSURES

Actual investment performance data is taken from one or more live accounts. Data from those accounts are reported via Theta Research, a third party data provider, which takes a data feed from these live accounts. Investment performance data is net of the maximum annual advisory fee of 1.5% and include the reinvestment of interest/dividends and other earnings or adjustments in valuation based on taxation of the investment vehicles. Performance results of the strategies developed by Reppond Investments, Inc. do not reflect the impact of federal or state income taxes a client would pay on gains in a taxable investment portfolio.

SPECIFIC TIMERTRAC DISCLOSURES

TimerTrac is a platform that tracks real time trade signals.  However, TimerTrac does not use a live account and trades are not made with real money.  TimerTrac requires that the hypothetical “trades” be made in advance of the close each day just as if they were being made in a live account.  The TimerTrac platform provides a trade simulation in real time.
Trades for this strategy were made in accordance with TimerTrac’s rules.  However, TimerTrac allows the money manager to apply those trades to a different index at some point in the future.  This means that the data on TimerTrac is some mixture between real time and hypothetical trades.
In no way should the performance of this hypothetical model strategy be considered indicative or a guarantee of the future performance of an actual client’s portfolio using the same or a similar investment strategy. This hypothetical model should not be considered indicative of, nor considered to be the actual performance achieved by actual clients. It should not be viewed as a substitute for actual portfolios that may be recommended for a client’s particular situation.
The performance results of Reppond Investments, Inc.’s strategies shown on TimerTrac are net of the maximum annual advisory fee of 1.5% and include the reinvestment of interest/dividends and other earnings or adjustments in valuation based on taxation of the investment vehicles. Performance results of the strategies developed by Reppond Investments, Inc. do not reflect the impact of federal or state income taxes a client would pay on gains in a taxable investment portfolio.