(ATBSI) Disclosure ATB Securities Inc.
(ATBSI) is a wholly owned subsidiary of ATB Financial (ATB). ATB Financial is the trade name and registered trademark of Alberta Treasury Branches. ATBSI is a licensed user of the trademark ATB Wealth. Any securities traded through ATBSI are not deposit instruments guaranteed or insured in whole or in part by the Province of Alberta, the Canada Deposit Insurance Corporation (CDIC), any other government deposit insurer or agency, ATB Financial, or ATBSI. The value of and the investment return on any securities traded through ATBSI are subject to market fluctuation. Commissions, trailing commissions, management fees, and expenses all may be associated with mutual fund investments. Unit values of mutual funds will fluctuate, and past performance may not be repeated. Read the fund offering documents before investing. ATBSI is a member of the Canadian Investor Protection Fund (CIPF) and Investment Industry Regulatory Organization of Canada (IIROC). Customers’ accounts are protected for losses within specified limits that result from the insolvency of a CIPF member. CIPF does not cover customers’ losses that result from other causes, such as changing market values of securities, unsuitable investments, or the default of an issuer of securities. An explanatory brochure describing the nature and limits of coverage is available on request.
Compass Portfolio Series Disclosure
The information regarding Compass Portfolio Series has been compiled and prepared by ATB Investment Management Inc. (“ATBIM”) which manages the Compass Portfolio Series (“Compass”). ATBIM is a wholly owned subsidiary of ATB Financial is a licensed user of the registered trademark ATB Wealth. The performance data provided for Compass assumes re-investment of distributions only and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that may reduce returns. Mutual Funds are not insured by the Canada Deposit Insurance Corporation, nor guaranteed by ATB Securities Inc., ATB Investment Management Inc., ATB Financial, the province of Alberta, any other government or any government agency. Commissions, trailing commissions, management fees, and expenses may all be associated with mutual fund investments. Read the fund offering documents before investing. Unit values of mutual funds will fluctuate and past performance may not be repeated. Opinions, estimates, and projections contained herein are subject to change without notice. The information and opinions contained herein have been compiled or arrived at from sources believed reliable but no representation or warranty, expressed or implied, is made as to their accuracy or completeness. ATB Financial, ATBIM and ATBSI do not accept any liability whatsoever for any losses arising from the use of this report or its contents. This information is not, and should not be construed as, an offer to sell or a solicitation of an offer to buy any investment. This information may not be reproduced in whole or in part; referred to in any manner whatsoever; nor may the information, opinions, and conclusions contained herein be referred to without the prior written consent of ATBIM.
Hypothetical Range of Return Calculation
Each portfolio’s expected return and volatility is derived from the return and volatility of its underlying asset classes, scaled by the appropriate portfolio weights. The volatility measure also incorporates estimates of correlation between all the underlying asset classes, where correlation measures the extent to which any two asset classes move together. Portfolio return and volatility measures are then extended from annual to multi-year periods, and the 95% confidence interval is calculated as approximately two standard deviations (volatilities) on either side of the expected return. Given estimates of return and volatility, the 95% confidence interval represents the range within which returns should lie 95% of the time.
Limitation of Use
The hypothetical Potential Range of Return bars are for illustrative purposes only and do not represent actual returns. No representation or warranty is made as to the reasonableness of the assumptions or that all assumptions used in calculating the Potential Range of Return have been stated or fully considered. We do not guarantee that the hypothetical Potential Range of Return will be similar to actual performance. Hypothetical, back-tested or simulated performances have many inherent limitations, including, but not limited to: they are designed with the benefit of hindsight, based on historical data, and do not reflect the impact that certain economic and market factors might have had on the decision-making process; this material is not representative of any particular client’s experience. Investors should not assume that they will have an investment experience similar to the hypothetical, back-tested or simulated performance shown; the back-testing of performance differs from actual account performance because the investment strategy may be adjusted at any time, for any reason and can continue to be changed until better performance results are achieved; the back-tested performance includes hypothetical results that do not reflect the deduction of advisory fees, brokerage or other commissions, and any other expenses that a client would have paid or actually paid. Please ask your financial advisor for further information regarding the limitations of hypothetical, back-tested or simulated performance measures.