Below is the legal mumbo jumbo our attorney says we need to post. Here’s the simple English explanation. We are posting this information here in good faith. We aren’t involved in penny stocks or any other stock promotion activities. We aren’t compensated by anyone for the information we post here. If you are following our model portfolios, you are doing so at your own risk. It’s your money and your responsibility.

These models and their associated performance information is research. It is valuable in that it shows the efficacy of the methods we employ in actual portfolios. The real world though is a lot messier than research and there will be differences in performance between these models and actual portfolios. We don’t report composite actual results because we don’t feel our client portfolios are sufficiently uniform to provide useful information to prospective clients. We run custom portfolios with multiple models in one account. 

The momentum models presented on the website are gross of fees with dividends and distributions reinvested. The individual stock models are presented net of a 1% management fee (our average clients pays a little less than that) with dividends and distributions paid in cash. The system we used to produce the results of the momentum models does not allow for the inclusion of a management fee. Further information about fees and costs can be found below.

This information should be taken for what it is – research. All we’re trying to show here is that the methods we use are logical and effective. We believe our research methods are sound but there is no way to predict whether these methods will continue to be effective in the future. We re-evaluate our methods on a regular basis but all investment methods go through periods of poor performance. It is impossible to predict when a method or system will stop working and for how long. 

The Alhambra Investments website is an impersonal advisory service; therefore, no consideration is made towards your individual financial circumstances. All contents presented within www.alhambrainvestments.com (henceforth referred to as “this Website”) is not to be regarded as investment advice. It is for general informational purposes only. Trading securities involves risk, so you must always use your own best judgment when trading securities.

We cannot guarantee profits of any kind, nor can we protect you from losses. You assume the entire cost and risk of any trading you choose to undertake. You are completely responsible for making any investment decisions. The owners of this site are owners of Alhambra Investment Partners. AIP is an investment advisory firm registered with the SEC. In their capacity as investment advisors they will often own the same securities mentioned on this website.

Use of this Web site in no way constitutes a client/advisor relationship, all information we communicate to you either through our Website or other forms of communications, are purely for informational purposes only. We recommend seeking individual investment advice before making any investment, for you are assuming sole liability for your investments. Alhambra Partners will in no way have discretionary authority over your trading or investment accounts. If you desire a formal investment advisory relationship, please contact Bob Williams @ 828-230-6690bob.williams@alhambrapartners.com, or Steve Brennan @ 650-714-9389steve@alhambrapartners.com.

All information posted is believed to come from reliable sources. Alhambra Partners does not warrant the accuracy, correctness, or completeness of information available on this site and therefore will not be liable for any loss incurred.

Due to the nature of the electronic nature of the Internet, the Alhambra Partners Web site, or its e-mail distribution services could fail at any given time. Alhambra Investments will not be responsible for unavailability of use of its Web site, nor undelivered e-mails due to bandwidth problems, equipment failures, or acts of God. Alhambra Partners does not warrant that the transmission of e-mails will be uninterrupted or error-free.

Alhambra Partners, its owners, or its representatives may hold positions in the securities mentioned on this Website at any time. However, in no way is Alhambra Partners soliciting an offer to purchase or sell securities mentioned at this Web site.

There is no guarantee past performance will be indicative of future results. No assurances can be given that the trades posted by Alhambra Partners will be profitable or will not be subject to losses. Remember, always take the time to do your own research involving your personal investments.

The results listed at this Web site are based on model portfolios. These trades may or may not have been actually executed. Model portfolio performance results have certain inherent limitations.

Unlike an actual performance record, simulated trades do not represent actual trading. Also, since the trades may not have been actually executed, the results may have over or under compensated for the impact, if any, of certain market factors such as lack of liquidity, money flow, etc. Your results may have been better or worse than the results portrayed. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

No independent party has audited the hypothetical model portfolio performance at this Web site, nor has any independent party undertaken to confirm that it adheres to the assumptions or conditions specified hereafter.

While the results presented at this Web site are based on certain assumptions that are believed to reflect actual trading conditions, these assumptions may not include all variables that can affect, or have affected in the past, the execution of trades indicated by Alhambra Partners.

The hypothetical portfolio results on this Web site are based on the following assumptions:

  1. The hypothetical portfolio record for individual stock portfolios include deductions for brokerage commissions, exchange fees, and slippage. Other portfolios listed on this website do not include these costs.
  2. The simulation assumes that prices are not influenced by the trades of Alhambra Partners, its owners, or its representatives, regardless of the size of the positions taken.
  3. The simulation assumes purchase and sale prices believed to be attainable. In actual trading, the prices attained may or may not be the same as the assumed order prices.
  4. The hypothetical portfolio results do not take into account any tax implications arising from the sale or purchase of securities, which in actual trading do have an impact on gains and losses.

Terms and Conditions

Reproduction, duplication, or redistribution of this material in any form without prior written consent from Alhambra Partners is strictly prohibited.