Legal
Research Disclaimer
The nature and limits of FIBCOS research and of the Structural Alpha information published on this website.
Working document
Published in advance of formal legal review. It makes no claim of regulatory status.
Nature of the material
FIBCOS produces investment research and publishes research-derived Structural Alpha information. The material on this website and in FIBCOS Research is general in nature. It does not take account of any individual’s objectives, financial situation, tax position or needs.
Not advice
Nothing published by FIBCOS is personal investment advice, an offer, an inducement, or a solicitation to buy or sell any security or financial instrument. Readers should form their own view and, where appropriate, obtain independent advice from a suitably qualified adviser.
No investment management
FIBCOS does not currently provide investment-management services, does not manage client assets, does not hold client money and does not execute transactions.
Structural Alpha status
Inclusion of a company in a FIBCOS Structural Alpha Index is a research classification. It is not a recommendation to buy, hold or sell, and it does not indicate suitability for any particular reader. Removal from an Index is likewise a research classification, not an instruction.
Sources and accuracy
FIBCOS research draws on sources believed to be reliable, but FIBCOS does not warrant the accuracy or completeness of third-party information. Views expressed are as at the date of publication and are subject to change without notice, subject to the correction policy set out in Governance.
Forward-looking statements
Research necessarily contains forward-looking assessments. Such assessments are subject to uncertainty and may not be realised. FIBCOS states falsification conditions precisely because outcomes are uncertain.
Performance
No FIBCOS portfolio has reached live inception and no FIBCOS performance record exists. Past performance, once it exists, will not be a reliable indicator of future results.
Demonstration content
Records marked DEMO on this website exist to demonstrate the interface. They are not FIBCOS research, contain no investment analysis, and must not be relied on for any purpose.
Jurisdiction
This website is not directed at any person in any jurisdiction where its publication or availability would be contrary to local law or regulation. This website makes no claim of regulatory authorisation, licence or registration in any jurisdiction.
Review
This disclaimer is a working document published in advance of formal legal review, and will be replaced by professionally reviewed terms before any paid research is sold.