Important Disclosures
PACIFIC PORTFOLIO Investment Disclosures: Views expressed are as of the date indicated; they are based on the information available at the time and are subject to change based on economic, capital market, and other conditions. Any investment decision should be based on an individual’s own goals, time horizon, and tolerance for risk.
Past performance is no guarantee of future results. Investing involves risk, including the risk of loss of principal invested.
Diversification does not ensure a profit or guarantee against a loss. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.
Stock markets are volatile and can decline significantly in response to adverse issuer, political, regulatory, or economic developments. Investments in the securities of smaller, less well-known companies typically carries more risk than investing in larger, better-established companies since smaller companies generally have a higher risk of failure and, historically, have exhibited a greater degree of volatility.
Investing in non-U.S. markets entails a different set of risks than that typically associated with U.S. markets, including the possibility of currency fluctuations, political and economic instability, accounting changes, and foreign taxation, all of which can potentially have a material favorable or unfavorable impact on performance. Securities may be less liquid and more volatile. Investments in emerging or developing markets involve exposure to economic structures that are generally less diverse and mature, and to political systems which can be expected to have less stability than those of more developed countries. Securities may be less liquid and more volatile than U.S. and longer-established non-U.S. markets.
Although stocks have historically outperformed bonds, they also have historically been more volatile. Investors should carefully consider their ability to invest during volatile periods in the market.
Although bonds generally present less short-term risk and volatility than stocks, bonds are subject to interest rate risk (the risk that bond prices fall in response to an increase in interest rates) and default risk (the risk that an issuer will be unable to make timely payments of principal and interest due on the bond). In addition, bonds and many short-term investments entail great inflation risk (the risk that an investment’s returns will fail to keep pace with increases in the prices of goods and services) than stocks. Lower-quality fixed income securities generally offer higher yields but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
The value of an investment in commodities and/or commodity-linked derivatives can be significantly affected by commodity prices, world events, import controls, worldwide competition, government regulations, and economic conditions. Investments in real estate and related securities can be significantly affected by changes in real estate market and economic conditions, property taxes, tax laws, and interest rates. Such investments can be volatile on their own and should generally form only a small portion of an investor’s diversified portfolio to enhance diversification and act as a potential hedge against inflation. Real Assets may not be suitable for all investors.
Indexes are unmanaged and cannot be invested in directly. Returns represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
PACIFIC PORTFOLIO Third-Party Article Disclosure: Articles are provided for informational purposes only. Articles are published by unaffiliated third parties and the links takes you to the website of unaffiliated third parties. PACIFIC PORTFOLIO is providing links to articles as a convenience only and such provision does not imply that PACIFIC PORTFOLIO or any of our employees, officers, or directors endorse, sponsor, approve, or guarantee any content on the third-party site. While PACIFIC PORTFOLIO believes such third-party information contained in these articles are reliable, PACIFIC PORTFOLIO does not guarantee their accuracy, timeliness, or completeness. The opinions expressed in these articles reflect those of the authors at the time of publication, and such views are subject to change at any point without notice. You should not treat any opinion expressed in these articles as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of general opinion. While some of the articles may discuss certain investment products, they should not be considered, and are not intended to be, investment, financial planning, tax, or legal advice; nor a recommendation to buy or sell any securities. Investing in securities involves varying degrees of risk, and there can be no assurance that any specific investment will be profitable or suitable for a particular client’s financial situation or risk tolerance. Past performance is not a guarantee of future returns. Individual performance results will vary. Any forward-looking statements or forecasts contained in these articles are based on assumptions and actual results may vary from any such statements or forecasts. PACIFIC PORTFOLIO or one of its employees may have a position in any of the securities discussed and may purchase or sell such securities from time to time. PACIFIC PORTFOLIO encourages you to consult with a professional financial advisor prior to making any investment decision.
