Investment Election Terms & Conditions
By electronically signing and submitting the "Investment Election" online submission form at quartzpartners.com/investmentchange, You are the individual identified in the form and have the authority to request investment allocation changes and are requesting to have investment options established in your account per this form. You understand that account values, and investment performance will fluctuate and is not guaranteed and may lose value, and upon redemption, shares may be worth more or less than their original cost. You acknowledge that Quartz Partners will exercise trading discretion and will attempt to maintain a cash position in your account of 1% to 2% for payment of advisory fees. Investment option information, including prospectuses, disclosure documents and performance, have been made available to You and You understand the risks of investing as defined in Quartz Partners ADV Part 2A available at www.quartzpartners.com/disclosures. You understand that in the event You investment Election form is incomplete or Your account value is not sufficient enough to purchase in the custom portfolio you elected, You specifically consent to allocating monies to the default target date retirement fund based upon your age or adaptCORE Portfolio based upon your risk tolerance questionnaire score that our investment committee deems appropriate and in your best interest. You also understand that it is your obligation to review your quarterly statements and inform Quartz Partners of any discrepancies or errors within 90 days of the date of such statement. In absence of special instructions, the selected investment allocations will be used to invest all other contribution sources (rollovers, transfers, etc.) into Your accounts.
Investors should carefully consider the underlying funds’ fees, expenses, objectives and risks carefully before investing. Quartz Partners Investment Management (“Quartz”) puts forth its best effort to achieve the objectives of its strategies. However, there is no guarantee that the objectives will be achieved. An Account's return and principal will fluctuate so that the Account, when redeemed, may be worth more or less than the amount in the Account at or subsequent to the effective date of the Investment Management Agreement. All performance results are expressed in US dollars and reflect reinvestment of dividends, capital gains, and other earnings as well as the deduction of trading or other expenses incurred. Performance reflects the gross return of the composite reduced by the maximum annual fee of 2%. Actual fees paid and performance may vary based on factors including account size, custodian, contributions and withdrawals, which may cause your returns to differ from those listed in this report. In particular, accounts held at variable annuities and/or fund families will have performance that frequently deviates from the listed data due to fees and investment options. Please contact Quartz or your custodian for your specific performance information. Quartz strategies may involve above-average portfolio turnover, which could negatively impact the net after-tax gain experienced by an individual client. Performance results do not reflect the impact of taxes. Investments in the programs are subject to investment and manager risk, which carry the potential for a loss of principal. Tactical management strategies do not protect against losses in declining markets and there is no guarantee that the strategy performance will meet or exceed the listed benchmark. Quartz’s risk management process includes an effort to monitor and management risk, but should not be confused with and does not imply low risk.
High yield bonds may be subject to greater market fluctuations, risk of default or loss of income and principal than higher rated securities. The use of leverage strategies by a fund increases the risk to the fund and magnifies gains or losses on the investment. You could incur significant losses even if the long-term performance of the underlying index showed a gain. Most leveraged funds “reset” daily. Due to the effect of compounding, their performance over longer periods of time can differ significantly from the performance of their underlying index or benchmark during the same period of time. Inverse index funds experience losses when the underlying benchmark rises. The benchmarks referenced herein have not been selected to represent an appropriate benchmark with which to compare a client’s performance, but rather are disclosed to allow for comparison of the client’s performance to that of certain well-known and widely recognized indices. Indexes are unmanaged, do not incur management fees, costs and expenses, and cannot be invested in directly. The S&P 500 Index is a market capitalization-weighted index of 500 widely held stocks often used as a proxy for the stock market. It is the most widely used benchmark for US stock funds and portfolios. The Barclays Capital U.S. Aggregate Bond Index is comprised of approximately 6,000 publicly traded bonds including U.S Government, mortgage-backed, corporate, and Yankee bonds with an approximate average maturity of 10 years.
Quartz is an investment adviser registered with the SEC under the Investment Advisers Act of 1940. SEC registration does not constitute an endorsement of the firm by the SEC nor does it indicate that the advisor has attained a particular level of skill or ability. Quartz’s Form ADV Part 2: Firm Brochure and other account documentation are available upon request. Quartz may pay 50-60% of the annual advisory fee to a solicitor who is responsible for introducing an investor to Quartz. Quartz claims compliance with the Global Investment Performance Standards (GIPS®). A complete list and description of the firm’s composites and a presentation that adheres the GIPS® standards are available upon request.