WealthGuardTM is a complete portfolio monitoring system. Designed by determining the amount of downside risk a client is willing to tolerate, WealthGuardTM is added to client accounts to help protect from downside risk. WealthGuardTM is not a stop loss strategy. When the account value in the portfolio hits the targeted downside value, an alert is sent to the client, advisor, and money manager. The money manager trades the account as indicated on the WealthGuardTM agreement.
There is no guarantee the exact WealthGuardTM value will be captured, or assets will be traded or liquidated the same day the WealthGuardTM value is reached due to time of day and/ or market restrictions. WealthGuardTM is not responsible for any tax implications that may result due to the liquidation or trading of the holdings. FormulaFolio Investments is not responsible for any errors or omissions in the information used to prepare your WealthGuardTM percentages.
WealthGuardTM does not make any representations or warranties, whether expressed or implied, regarding investing in securities or investment products. WealthGuardTM makes no warranties to the legality or suitability of any investment product.