Draft for early access. Replace the bracketed details and have it reviewed by a lawyer before any public launch.

Risk disclosures

Last updated: [date].

Market risk

Investments in securities are subject to market risks. Prices can fall as well as rise, and you can lose some or all of the money invested.

Past performance

Past returns of a stock, fund, portfolio or recommendation do not guarantee future results. Track records shown are historical and calculated from recorded data.

Model portfolios

Portfolios here are records, not brokerage accounts. A client's actual holdings and prices may differ from the model because of timing, charges and taxes not recorded.

Data

Prices come from public sources and may be delayed, sometimes by 15 minutes or more, or end-of-day only. Where a price is old or missing, the app says so rather than guessing.

Scores and analytics

Risk, quality, valuation, momentum and overheating scores are calculated from historical data using published formulas and fixed weights. They describe what has happened; they are not predictions, ratings or recommendations. A score shows how much real data stands behind it, and anything without data is left out rather than estimated.

Stop-loss and targets

Stop-loss and target levels in a model portfolio are records. Any automatic action they trigger affects only the model portfolio and never places an order with a broker.