ETF Prism Report: Moving Towards Low Volatility: Which ETFs Make the Cut?


This presentation has been prepared for clients and prospects of Toroso Investments, LLC (“Toroso”).  The presentation contains proprietary information and viewpoints that are of independent, economic value to Toroso. Any modification of this information could cause Toroso competitive harm and/or regulatory  violations. By accepting and viewing this presentation, you agree to not modify any of the contents of the presentation prior to sharing or distributing it in its original form.  You may not reproduce, or publish any portion of the presentation in any manner without the prior written consent of Toroso. This presentation does not constitute investment advice and the fact that a security may be mentioned in this presentation does not mean it is recommended or is a suitable investment for any recipient of this presentation.

Different types of investments involve varying degrees of risk.  The investment return and principal value of securities will fluctuate based on a variety of factors, including, but not limited to, the type of investment, the amount and timing of the investment, changing market conditions, currency exchange rates, stability of financial and other markets, and diversification.  There is no guarantee that a diversified portfolio will outperform a non-diversified portfolio in any given market environment.  No investment strategy can guarantee profit or protection against loss in periods of declining values.  No assurance can be given that capital market assumptions will prove to be correct, and the difference between assumptions and actual conditions could vary materially.

When a portfolio invests in exchange-traded funds (“ETFs”) and other investment companies, it will indirectly bear its proportionate share of any fees and expenses payable directly by the underlying ETFs or other investment company. Therefore, that portfolio will incur higher expenses. In addition, ETFs are also subject to the following risks (i) the market price of an ETFs shares may trade above or below its net asset value; (ii) an active trading market for an ETFs shares may not develop or be maintained; (iii) trading of an ETFs shares may be halted if the listing exchange’s officials deem such action appropriate, the shares are de-listed from the exchange, or the activation of market-wide “circuit breakers” (which are tied to large decreases in stock prices) halts stock trading generally; or (iv) the ETFs may fail to achieve close correlation with the index that it tracks due to a variety of factors, such as rounding of prices and changes to the index and/or regulatory policies, resulting in the deviating of the ETF s returns from that of the index.

Past performance is no guarantee of future results and every investment may lose money. The performance of investment strategies reflect a relatively short time period which may not be representative of future performance. No guarantees or assurances are or can be made as to performance. Investors should consider the investment objectives, risks, charges and expenses of any investment strategy before investing.  The prospectus and/or other applicable offering documents contain this and other important information about the investment strategy.  You should read the prospectus and/or other applicable offering documents carefully before investing.