Past performance does not guarantee future results. This is not an offer to buy or sell any security. No security or strategy, including those referred to directly or indirectly, is suitable for all accounts or profitable all of the time and there is always the possibility of loss. You should not assume that any discussion or information provided here serves as a substitute for personalized investment advice from WBI or any other investment professional. If you have questions regarding the applicability of specific issues discussed to your individual situation, please consult with WBI or your chosen professional advisor. This information is compiled from sources believed to be reliable, but accuracy cannot be guaranteed. Additional information about WBI’s advisory operations, services, conflicts of interest and fees are in the Form ADV, which is available upon request or on the SEC’s website at www.adviserinfo.sec.gov.
Net of Fee Performance is net of the maximum WBI investment management fee and includes reinvestment of dividends and other earnings. WBI uses a model fee approach which consists of netting down 100 bps from gross returns on a monthly basis.
Benchmark performance does not include deductions of transaction and custodial charges or investment management fees, which would likely reduce performance results. Because the strategy involves active management of a potentially wide range of assets, no widely recognized benchmark is likely to represent performance of any managed account. WBI managed accounts may own assets and follow investment strategies which cause them to differ materially from the composition and performance of the benchmarks shown. Indices are unmanaged and may not be invested in directly.
S&P 500 TR Index: includes a representative sample of large-cap U.S. companies in leading industries where all payouts (dividend) are reinvested automatically. Russell 1000 Value TR Index: comprised of Russell 1000 companies with lower predicted and historical growth rates. Russell 2000 Value TR Index: comprised of Russell 2000 companies with lower predicted and historical growth rates. S&P 500 High Dividend TR Index: designed to measure the performance of 80 high yield companies within the S&P 500 and is equally weighted to best represent the performance of this group, regardless of constituent size.
Power Factors: proprietary factor-based security selection models that evaluate U.S. and international stocks for high-yield dividend, dividend growers, value, yield, and quality. P/E: indicates multiple an investor can expect to pay for a share of stocks to receive one dollar of that company’s earnings P/S: valuation ratio that compares a company’s stock price to its revenue per share P/FCF: valuation metric of securities used to compare a company’s per share market price to free cash flow per share ROA: Indicator of how profitable a company is related to its total assets FCF/Debt: ratio of a company’s cash flow from operations to its total debt CFYLD: evaluation ratio of a stock’s operating cash flow per share against its market price per share ROIC: performance measure indicating the percentage return that investors in a company earn on invested capital ROE: measures the ability of a firm to generate profits from its shareholders’ investments in the company RSI: momentum indicator comparing recent gains and losses in an attempt to determine overbought or oversold opportunity
The WBI Dynamic Trailing Stop (DTS) is not a stop loss order or stop limit order placed with a brokerage firm, but an internal process for monitoring price movements. While the DTS may be used to initiate WBI’s process for selling a security, it does not assure that a particular execution price will be received.
Other strategies may have different results.
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