Full Disclosures – Website Disclaimers

Hypothetical Returns

Hypothetical growth is for illustrative purposes. The reported values are hypothetical and cannot be guaranteed. Estimated performance does not reflect actual nor future returns. Hypothetical performance refers broadly to looking backwards with the benefit hindsight and then discounting those historical returns substantively, to present a conservative estimate of future returns, without foresight. As a result, the reader is cautioned not to place undue reliance on forward-looking statements.

Past performance does not guarantee future results.

Time Horizon

For the dashboards, we have estimated an annualised, assumed returns for up to a 30-year period. One cannot expect to achieve consistent positive returns year-over-year. Results vary over time and due to compound interest, one’s time horizon and market conditions at the beginning and end date of investing will have an impact on returns. The greater the number of compounding periods, the greater the compound interest will be.

Key Assumptions

Hypothetical annualised returns of assume the reinvestment of income (dividends) and capital gains, and no withdrawals (except for US income withholding tax on dividends). UK have unique, simplified tax structures. The Cherubond Global Portfolios mutual funds are not subject to capital gains tax. Overseas residents are encouraged to consult with their tax advisor to determine which taxes (i.e., income tax) would be payable by the investor in his/her country of domicile, as this would have the effect of reducing historical returns. Neither Bermuda Investment Advisory Services Limited, Cherubond Investors nor any of its subsidiaries provide tax advice.

Calculations

The financial information presented in this dashboard uses a compound interest calculation. Stated returns for periods greater than one year are compounded, average annual rates of return. The investment manager arrived at assumed returns based on statistical information, historical and past performance of the Cherubond mutual funds within Cherubond Global Portfolios.

Fees

Returns (performance) are reported as net and are calculated after management fees have been deducted. Performance does not include any additional annual fees, plan member fees, redemption fees nor transaction fees and costs. If such costs and fees were reflected, the overall return to the Client would be lower.

Risk & Volatility

Investing and investments involve the risk of losing money and the client should be prepared to bear losses as future returns are unpredictable . Cherubond Global Portfolios mutual funds are subject to risks, uncertainties, unforeseen circumstances, and assumptions with respect to the assets under management. These risks include and are not limited to, inflation rate risk, business risk, political risk, liquidity risk, interest rate risk, foreign investment risk and default risk. These risks may materially affect the performance of the funds. Share prices, net asset values and investment returns will fluctuate.

To better understand which investment is right for your risk tolerance, please complete our risk profile questionnaire: RISK ANALYSIS

Asset Allocation

The Cherubond Equities Fund invests in a diversified group of large cap equity assets, primarily common shares. The purpose of the fund is to maximise capital growth for shareholders. Equity share prices are typically more volatile than other types of securities and tend to fluctuate widely as does the NAV of the Cherubond Global Equity Fund.

The Cherubond Balanced Fund invests in equities or limited partnership interests, money market instruments, corporate and government bonds and income producing securities to provide a balanced mix of income and capital growth. The main investment objective of this funds is, as the name implies, to provide a portfolio of safety, income and capital appreciation. Fixed-income securities provide stability and income. A broadly diversified group of common stock holdings provide diversification, dividend income, and growth potential.

The Cherubond Short Duration Income Fund invests in high-quality money market and short duration income producing instruments denominated primarily in US dollars which offer liquidity, low risk and attractive returns consistent with prudent investment management. The Cherubond Short Duration Income Fund is designed to provide a steady stream of income and safety of principal, rather than capital appreciation.

To read more about any of Cherubond Global Portfolios mutual funds, please visit the individual fund pages, accessed through this link: Cherubond Global Portoflios

For a Growth risk profile, one is invested in a diversified group of large cap equity assets, primarily, common shares. Equity share prices are typically more volatile than other types of securities and tend to fluctuate widely.

For a Moderate risk profile, one is invested in equities or limited partnership interests, money market instruments, corporate and government bonds and income producing securities.

For a Conservative risk profile, one is invested in equities or limited partnership interests, money market instruments, corporate and government bonds and income producing securities.

For a Low risk profile, one is invested in high-quality money market, short duration income producing instruments and a minimal amount of equities.

For a Very Low risk profile, one is invested in high-quality money market and short duration income producing instruments.

Asset allocation and diversification do not assure nor guarantee better performance and cannot eliminate the risk of investment losses.

To discover and read more about your risk profile, please complete our risk profile questionnaire: RISK ANALYSIS

Suitability

The Cherubond Equities Fund dashboard is a hypothetical model for a person with a higher tolerance for risk, and more experienced investors who are comfortable with fluctuations in the market and taking on more risk and volatility in exchange for potential returns. The Cherubond Equities Fund is for an investor with a longer timeline and a greater tolerance for price volatility.  

The Cherubond Balanced Fund dashboard is a hypothetical model for a person with a conservative or moderate tolerance for risk and those who can withstand minimal fluctuations in returns. One needs to be willing to stay invested for a few years. The Cherubond Balanced Fund is a medium-term strategy.

The Cherubond Short Duration Income Fund dashboard is a hypothetical model for a person with a lower tolerance for risk and the need for reasonable security within their portfolio, as well as a steady flow of income. One needs to be willing to take a minimal amount of loss to see some capital appreciation. The Cherubond Short Duration Income Fund is a shorter-term strategy.

The Growth risk profile in the Wealthbuilder dashboard displays a hypothetical model for a person with a higher tolerance for risk, more experienced investors with a longer timeline who are comfortable with fluctuations in the market and taking on more risk and volatility in exchange for potential returns.

The Moderate risk profile in the Wealthbuilder dashboard displays a hypothetical model for a person who is somewhat comfortable in riding the ups and downs of the market in exchange for the possibility of higher, long-term results.

The Conservative risk profile in the Wealthbuilder dashboard displays a hypothetical model for a person who can withstand minimal fluctuations in returns and are willing to stay invested for a few years.

The Low risk profile in the Wealthbuilder dashboard displays a hypothetical model for a person who is uncomfortable with loss or risk, is approaching or in retirement and with a shorter investment timeline.

The Very Low risk profile in the Wealthbuilder dashboard displays a hypothetical model for a person who is approaching or in retirement, would like to avoid loss as much as they can and has a shorter investment timeline

Company

Bermuda Investment Advisory Services Limited is the Sub-Manager for Cherubond Global Portfolios. CHERUBOND LIMITED, has delegated the larger portion of the discretionary management for Cherubond Global Portfolios. A smaller share of equities delegated to a dividend growth strategy is managed by NovaPoint Capital. This approach provides investors with higher, risk-adjusted returns when combined with Cherubond Global Portfolios growth strategy.

To read more about the network of companies, please visit: About Us

Legal Disclaimer

The information provided in this website is not investment advice and is not intended to replace or serve as a substitute for investment advice, consultation, or service. The information provided herein is for informational purposes only and does not consider your individual needs, investment objectives and specific financial circumstances. 

CHERUBOND LIMITED and its related companies do not assume nor accept any liability whatsoever for any direct, indirect, or consequential loss arising from or in connection with any use or reliance of this information or anything contained in it. Investors should speak with us before deciding to subscribe or purchase any investment service.