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Hypothetical Investment Models;
Anchor Research results are based upon real time trading signals delivered to subscribers during the period presented. Results are calculated based upon index trading. Performance of specific index products such as ETFs, Index Futures and Index Mutual Funds may vary from results presented. Anchor Research models are not managed portfolios, nor are they offered as investment programs or specific investment advice. Anchor Research models are an independent service from Anchor Captial, and should not be considered a replication of Anchor Capital managed account programs and/or products. The research offered by Anchor Research.com is derived through the use of computer modeling. Historical back-tested model results are achieved by means of the retroactive application of a back-tested trading strategies and, as such, the corresponding results have inherent limitations, including: (1) the results do not reflect the results of actual trading using client assets, but were achieved by means of the retroactive application of each of the referenced strategies, certain aspects of which may have been designed with the benefit of hindsight; (2) backtested performance may not reflect the impact that any material market or economic factors might have had on a subscriber's use of the hypothetical strategy model if the model had been used during the period to actually trade investment assets; and, (3) for various reasons (including the reasons indicated above), Anchor’s clients may have experienced investment results during the corresponding time periods that were materially different from those portrayed in the various Anchor Research model strategies. Information pertaining to Anchor Capital's advisory operations, services, and fees is set forth in Anchor’s current disclosure statement, a copy of which is available from Anchor Capital upon request. Information pertaining to any mutual fund or ETF or security that is referenced by Anchor hypothetical portfolio is set forth in each respective mutual fund or ETF's prospectus, a copy of which is also available from Anchor upon request.
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