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THE RISK OF LOSS IN TRADING FUTURES AND
OPTIONS CAN BE SUBSTANTIAL. PAST RESULTS
ARE NOT NECESSARILY INDICATIVE OF FUTURE
RESULTS. THIS MATERIAL HAS BEEN PREPARED
BY A SALES OR TRADING EMPLOYEE OR AGENT
OF ALTAVRA AND IS, OR IS IN THE NATURE
OF A SOLICITATION. THIS MATERIAL IS NOT
A RESEARCH REPORT PREPARED BY AN ALTAVRA
RESEARCH DEPARTMENT. YOU AGREE THAT YOU
ARE AN EXPERIENCED USER OF THE FINANCIAL
MARKETS, CAPABLE OF MAKING INDEPENDENT
TRADING DECISIONS, AND AGREE THAT YOU
ARE NOT, AND WILL NOT RELY SOLELY ON
THIS DOCUMENT IN MAKING TRADING
DECISIONS. (ALTAVRA.CO/RISK)
THIS CONTENT AND ALL OF ITS LINKS ARE FOR
INFORMATIONAL PURPOSES ONLY, AND IS
CURRENT ONLY AS OF THE DATE(S) HEREOF.
IT DOES NOT CONSTITUTE A SOLICITATION
FOR ANY CTA OR TRADING PROGRAM, AND THE
INFORMATION IS SUBJECT TO CHANGE WITHOUT
NOTICE. THE FIGURES CONTAINED HEREIN
WERE OBTAINED OR COMPILED FROM
INFORMATION PROVIDED BY THE CTA, TRADER
OR THEIR REPRESENTATIVES. NEITHER
ALTAVRA NOR ANY OF ITS AFFILIATES OR
EMPLOYEES MAKES ANY ENDORSEMENT OR
REPRESENTATION AS TO ITS ACCURACY,
VALIDITY OR COMPLETENESS. THE
INFORMATION HAS NOT BEEN INDEPENDENTLY
VERIFIED AND THEREFORE CANNOT BE
GUARANTEED. WHILE ALTAVRA MAY PROVIDE
INVESTORS WITH CTA ANALYSIS, ALTAVRA
DOES NOT PROVIDE “DUE DILIGENCE” ON AN
INVESTOR’S BEHALF AND IS NOT RESPONSIBLE
FOR A CUSTOMER’S INVESTMENT DECISIONS.
NO OFFER OR SOLICITATION MAY BE MADE
PRIOR TO REVIEW OF THE CTA’S CURRENT
DISCLOSURE DOCUMENT (FORMS.ALTAVRA.COM),
WHICH INVESTORS SHOULD READ CAREFULLY
PRIOR TO INVESTING. INVESTORS MAY ALSO
WISH TO CONSULT THEIR LEGAL, TAX AND
INVESTMENT ADVISORS TO DETERMINE WHETHER
AN INVESTMENT IS APPROPRIATE IN LIGHT OF
THE INVESTOR’S RISK TOLERANCE,
INVESTMENT OBJECTIVES AND FINANCIAL
SITUATION.
ALL FUTURES AND OPTIONS TRADING INCLUDING MANAGED
FUTURES IS SPECULATIVE, INVOLVES A HIGH
DEGREE OF RISK AND IS SUITABLE ONLY FOR
PERSONS WHO CAN ASSUME THE RISK OF LOSS
IN EXCESS OF THEIR MARGIN DEPOSIT. NO
REPRESENTATION OR ASSURANCE IS MADE THAT
ANY CTA OR TRADING PROGRAM WILL OR IS
LIKELY TO ACHIEVE ITS OBJECTIVES,
BENCHMARKS OR TARGETED RETURNS OR THAT
ANY INVESTOR WILL OR IS LIKELY TO
ACHIEVE A PROFIT OR WILL BE ABLE TO
AVOID INCURRING SUBSTANTIAL LOSSES.
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