Legal
The information on this website is provided by SMA Capital LLC (“SMA Capital”) for general informational purposes only. Nothing on this website constitutes, or should be relied upon as, investment, legal, tax, accounting, or other professional advice, or a recommendation to buy, sell, or hold any security or to pursue any investment strategy. The information does not take into account the investment objectives, financial situation, or particular needs of any person.
This website does not constitute an offer to sell, or a solicitation of an offer to buy, any security, investment product, or advisory service, and may not be relied upon in connection with any offer or sale of securities. Any such offer or solicitation will be made only to eligible investors and only by means of definitive offering or account documentation (including, as applicable, a confidential private placement memorandum, an investment management agreement, and/or subscription documents) that contains material information not set forth here. In the event of any inconsistency, that definitive documentation will control. No offer will be made in any jurisdiction in which it would be unlawful.
The investment strategies described on this website are available only through separately managed accounts and/or privately offered funds. Interests in any privately offered fund, if available, have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or under any state securities laws, and will be offered and sold in reliance on exemptions from registration. Such interests are available only to persons who qualify as “accredited investors” and “qualified purchasers” and/or “qualified clients,” as applicable, and are not available to the general public.
SMA Capital is an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”). Registration with the SEC does not imply any particular level of skill or training and does not constitute an endorsement or approval of SMA Capital by the SEC or any other authority. Additional information about SMA Capital, including its Form ADV, is available at adviserinfo.sec.gov or on request at info@smacap.com.
Investing involves risk, including the possible loss of principal. Alternative investment strategies, including single-manager strategies, are speculative, involve a high degree of risk, and are not suitable for all investors. Such strategies may use leverage, derivatives, short selling, and concentrated or illiquid positions, and may offer limited liquidity and transparency. There can be no assurance that any strategy will achieve its objective or avoid substantial or total loss. The benefits and capabilities described on this website should be considered together with these risks; a fuller description of applicable risks is contained in the relevant offering and account documentation.
Certain statements on this website are forward-looking and reflect SMA Capital’s current views, expectations, objectives, or design goals for its platform, strategies, and operations. Forward-looking statements are subject to known and unknown risks and uncertainties, and actual results and capabilities may differ materially. SMA Capital undertakes no obligation to update any forward-looking statement.
Descriptions of the SMA Capital platform and strategies, including terms such as “institutional-quality,” “uncorrelated,” “turnkey,” and “operationally approved / ODD approved”, reflect SMA Capital’s own views and the intended design of its operating model as of the date presented. They are not guarantees of any outcome, correlation profile, or third-party determination, and are subject to the risks and limitations described here.
Strategy-specific materials and the Factor Rx updates available through this website are confidential and intended solely for authorized and eligible recipients. They may not be reproduced or redistributed, in whole or in part, without SMA Capital’s prior written consent, and are subject to the additional disclosures contained within them.
Factor Rx and any related research or commentary are provided for informational purposes only, reflect the views and analysis of SMA Capital as of the date indicated, and are subject to change without notice. They do not constitute investment advice or a recommendation to buy, sell, or hold any security or to adopt any strategy, and do not account for the objectives or circumstances of any recipient. Certain analyses may rely on models or assumptions that are inherently limited and subject to error.
This website may reference third-party service providers, administrators, prime brokers, systems, or portfolio managers. Such references are descriptive only and do not constitute an endorsement, recommendation, or representation by or of any third party, and no third party has approved or is responsible for the content of this website.