Endowments strive to meet two chief objectives: First, they attempt to generate high enough returns to cover their yearly withdrawals, without dipping into their principals. Secondly, their goal is to preserve their principal. The best-performing endowments access alternative investments, long-short equity, select private credit, private credit, and venture capital. Their network of relationships gives them greater access to many crucial investment opportunities.
IMPORTANT DISCLOSURE INFORMATION. INFORMATION IS FOR EDUCATIONAL PURPOSES ONLY. THE OPINIONS EXPRESSED ARE THOSE OF THE AUTHORS. INVESTING INVOLVES RISK. PAST PERFORMANCE DOES NOT GUARANTEE OR INDICATE FUTURE RESULTS.
This presentation is a general communication provided for informational purposes only. It is educational in nature and not designed to be a recommendation for any specific investment product, strategy, plan feature, or other purposes. The information contained herein was obtained from sources believed to be accurate and reliable. Because of the possibility of human and mechanical error as well as other factors, however, such information and data is provided “as is” without warranty of any kind. No member of CMG Capital Management Group, Inc. (“CMG”) or its respective directors, officers, employees, or partners make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to the accuracy, timeliness, completeness, merchantability of any information or of results to be obtained from the use of any strategy or product or the fitness or suitability of any strategy or product for any particular purpose to which they might be put.
No responsibility or liability can be accepted by CMG or their respective directors, officers, employees, or partners for (a) any loss or damage in whole or in part caused by, resulting from, or relating to any error (negligent or otherwise) or other circumstance involved in procuring, collecting, compiling, interpreting, analyzing, editing, transcribing, transmitting, communicating or delivering any such information or data or from use of this presentation or links or (b) any direct, indirect, special, consequential or incidental damages whatsoever, even if CMG is advised in advance of the possibility of such damages, resulting from the use of, or inability to use such information.
Any examples used herein are generic, hypothetical, and for illustration purposes only. Prior to making any investment or financial decisions, an investor should seek individualized advice from personal financial, legal, tax, and other professional advisors that take into account all of the particular facts and circumstances of an investor’s own situation.
Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended and/or undertaken by CMG will be profitable, equal to any historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. No portion of the content should be construed as an offer or solicitation for the purchase or sale of any security. References to specific securities, investment programs, or funds are for illustrative purposes only and are not intended to be, and should not be interpreted as recommendations to purchase or sell such securities.
Certain portions of the content may contain a discussion of, and/or provide access to, opinions and/or recommendations of CMG (and those of other investment and non-investment professionals) as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current recommendations or opinions. Readers should not assume that any discussion or information contained herein serves as the receipt of, or as a substitute for, personalized investment advice from CMG or the professional advisors of your choosing. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisors of his/her choosing. CMG is neither a law firm nor a certified public accounting firm and no portion of the newsletter content should be construed as legal or accounting advice.
This presentation does not discuss, directly or indirectly, the amount of the profits or losses realized or unrealized, by any CMG client from any specific funds or securities.
Please note that CMG has an existing relationship with ARK and Cathy Wood through a signal provider agreement with Greenrock Capital. Any reference to ARK or Cathy Wood is for informational purposes only and should not be interpreted as recommendations to invest in a strategy or to purchase or sell such securities.
Conflicts of Interest Disclosure: Due to the association and relationship of one of Registrant’s minority owners to certain private investment opportunities including, but not limited to Cibus or Royalty Pharma, Registrant has a conflict of interest in offering such investments to qualified clients. The registrant shall disclose this conflict of interest to any prospective investor. No client or prospective client is under any obligation whatsoever to invest in these private investment opportunities.
Certain unaffiliated private investment funds, such as Vantage Multi-Strategy Fund L.P., may allocate fund assets to private companies in which equity is also held by an owner/equity investor in the Registrant, thus creating a conflict of interest. Given the conflict of interest, the Registrant advises that clients consider seeking advice from independent professionals (i.e., attorneys, accountants, advisers, etc.) of their choosing prior to becoming a fund investor. No client is under any obligation whatsoever to become a fund investor. ANY QUESTIONS: Registrant’s Founder and CEO, Stephen Blumenthal, is available to address any questions regarding this conflict of interest.
Additionally, because Registrant and/or its Investment Adviser Representatives and affiliates can earn compensation from an affiliated private fund (both management fees and/or incentive compensation) that will generally exceed the fee that Registrant would earn under its standard asset-based fee schedule referenced in Item 5 below, the recommendation that a qualified client becomes a fund investor presents a conflict of interest. Given the conflict of interest, the Registrant advises that clients consider seeking advice from independent professionals (i.e., attorney, accountant, adviser, etc.) of their choosing prior to becoming a fund investor. No client is under any obligation whatsoever to become a fund investor. ANY QUESTIONS: Registrant’s Founder and CEO, Stephen Blumenthal, is available to address any questions regarding this conflict of interest.
Unaffiliated Private Investment Funds: From time to time, the Registrant also provides investment advice or recommendations of certain unaffiliated private investment funds. Registrant, on a non-discretionary basis, may recommend that certain qualified clients consider an investment in unaffiliated private investment funds. Registrant’s clients or prospective clients are under no obligation whatsoever to consider or make an investment in a private investment fund(s).
In the event that CMG references performance results for an actual CMG portfolio, the results are reported net of advisory fees and inclusive of dividends. The performance referenced is that as determined and/or provided directly by the referenced funds and/or publishers, have not been independently verified, and do not reflect the performance of any specific CMG client. CMG clients may have experienced materially different performance based upon various factors during the corresponding time periods.
In a rising interest rate environment, the value of fixed income securities generally declines and conversely, in a falling interest rate environment, the value of fixed income securities generally increases. High-yield securities may be subject to heightened market, interest rate or credit risk and should not be purchased solely because of the stated yield. Ratings are measured on a scale that ranges from AAA or Aaa (highest) to D or C (lowest). Investment-grade investments are those rated from highest down to BBB- or Baa3.
Certain strategies invest primarily in exchange-traded funds (ETFs) or mutual funds that are offered by prospectus only. Please carefully read each ETF’s or mutual fund’s prospectus prior to investing. Investors should consider the underlying funds investment objectives, risk, charges and expenses carefully before investing.
In the event that there has been a change in an individual’s investment objective or financial situation, he/she is encouraged to consult with his/her investment professionals.
Please note: The views in this presentation are for informational purposes only do not necessarily reflect those of CMG or any sub-adviser or investment manager that CMG may engage to manage any CMG strategy. A copy of CMG’s current written disclosure statement (Form ADV and SEC Form CRS) discussing advisory services and fees is available upon request or via CMG’s web site at https:/www.cmgwealth.com/about/disclosures. CMG is committed to protecting your personal information. Visit https://www.cmgwealth.com/about/disclosures/privacy-policies/ to review CMG’s privacy policies.