You're invited to dinner with John Mauldin, Steve Blumenthal &
Rory Riggs
"Where Ray Dalio and I Agree and Disagree on Why and How Capitalism Needs to be Reformed"
A DISCUSSION WITH JOHN MAULDIN, STEVE BLUMENTHAL & RORY RIGGS
Date: Tuesday, July 2 at 6:00 pm
Del Frisco's Grille | 50 Rockefeller Plaza, New York, NY 10020
If you have questions or wish to RSVP by email, please email mauldin@cmgwealth.com.
IMPORTANT DISCLOSURES
Investing involves risk. Past performance does not guarantee or indicate future results. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended and/or undertaken by CMG Capital Management Group, Inc. or any of its related entities (collectively “CMG”) will be profitable, equal any historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. No portion of the content should be construed as an offer or solicitation for the purchase or sale of any security. References to specific securities, investment programs or funds are for illustrative purposes only and are not intended to be, and should not be interpreted as recommendations to purchase or sell such securities.
Certain portions of the content may contain a discussion of, and/or provide access to, opinions and/or recommendations of CMG (and those of other investment and non-investment professionals) as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current recommendations or opinions. Derivatives and options strategies are not suitable for every investor, may involve a high degree of risk, and may be appropriate investments only for sophisticated investors who are capable of understanding and assuming the risks involved. Moreover, you should not assume that any discussion or information contained herein serves as the receipt of, or as a substitute for, personalized investment advice from CMG or the professional advisors of your choosing. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisors of his/her choosing. CMG is neither a law firm nor a certified public accounting firm and no portion of the newsletter content should be construed as legal or accounting advice.
This presentation does not discuss, directly or indirectly, the amount of the profits or losses, realized or unrealized, by any CMG client from any specific funds or securities. Please note: In the event that CMG references performance results for an actual CMG portfolio, the results are reported net of advisory fees and inclusive of dividends.
Conflict of Interest. CMG may introduce clients to private funds that are affiliated with a minority shareholder in CMG and/or referral sources, thereby creating a conflict of interest relative to CMG’s introduction of the fund. CMG has an economic incentive to introduce the fund to the client (i.e., as result of the introduction, CMG will assist an existing: (a) client from whom it currently earns, and anticipates it will continue to earn, investment advisory fees; and/or (b) referral source from whom its anticipates that it will receive future introductions). Given the conflict of interest, CMG advises that clients consider seeking advice from independent professionals (i.e., attorney, accountant, adviser, etc.) of their choosing prior to becoming a Fund investor. No client is under any obligation whatsoever to become a fund investor.
Affiliated Exchange-Traded Funds. CMG intends to utilize exchange-traded funds (“ETFs”) sponsored by Syntax, LLC or one of its affiliates, such as Syntax Advisors, LLC, an SEC registered investment adviser. A principal of Syntax and adviser to the ETFs is also a minority owner of CMG, as well as member of the general partner of Registrant’s affiliated private funds referenced above.
Conflict of Interest. Because CMG’s minority owner and fund general partner can earn compensation from the ETFs, CMG’s use of the ETFs presents a conflict of interest. CMG does not receive any compensation from Syntax for utilizing the ETFs. A client can request a reallocation to another investment strategy if the client does not want to invest in a Syntax ETF. Such requests must be submitted to CMG in writing. ANY QUESTIONS: CMG’s Founder and CEO, Stephen Blumenthal, is available to address any questions regarding this conflict of interest.
Conflict of Interest: CMG, given its current engagement of Tectonic as a model/research signal provider and its anticipation that it will receive continued client introductions from Mauldin, has a conflict of interest to permit its employee, Mauldin, via his affiliated entity, Mauldin Securities, to provide, for compensation, lead referrals and client introductions to Sanders Morris Harris. Given Mauldin’s relationship to CMG, and CMG’s anticipation of continued receipt of client introductions and other financial opportunities from Mauldin, CMG has an economic incentive to accommodate Mauldin’s request, via MS, to provide lead referrals and client introductions to SMH. In addition, CMG has an incentive to continue to engage Tectonic, an SMH affiliate, to avoid causing disruption of Mauldin’s economic relationship with SMH.
Any individual or entity that is considering to become an investor must consider the above conflict of interest. In addition, a client of CMG, in writing, can prohibit CMG from exercising its discretionary authority to purchase the CMG Mauldin Core Fund, or limit the amount of any such fund purchase. Stephen B. Blumenthal is available to address any questions regarding the above conflict of interest.
Certain information herein has been obtained from third-party sources believed to be reliable, but we do not guarantee or warrant its completeness or accuracy. This document is a general communication and is provided for informational and/or educational purposes only. None of the content should be viewed as a suggestion that you take or refrain from taking any action nor as a recommendation for any specific investment product, strategy, or other such purpose.
In the event that there has been a change in an individual’s investment objective or financial situation, he/she is encouraged to consult with his/her investment professional.
Written Disclosure Statement. CMG is an SEC-registered investment adviser located in King of Prussia, Pennsylvania. John Mauldin serves as Chief Economist and Co-Portfolio Manager of the CMG Mauldin Smart Core Strategy. A copy of CMG’s current written disclosure statement discussing advisory services and fees is available upon request or via CMG’s internet web site at www.cmgwealth.com/disclosures. CMG is committed to protecting your personal information. Click here to review CMG’s privacy policies.