Disclaimer

TERMS AND CONDITIONS

MacroWinds' creators, owners, members, affiliates (collectively “MacroWinds”), provide this website, any associated blogs, documents (collectively referred to as “Site” or "Content"), for informational purposes only. Use of and access to the Site and the information, materials, tables, diagrams, models, research, external links, and other content available on or through the Site (referred to as “Content”) are subject to these terms of use and all applicable laws.


NOT INVESTMENT ADVICE

MacroWinds and associated people are not certified or licensed financial professionals but just enthusiasts and hobbyists. The Content on the Site is for informational purposes only and should not be construed as financial or any other advice. Nothing contained on the Site constitutes a solicitation, recommendation, endorsement, or an offer by MacroWinds or any third party service provider to buy or sell any models, securities or other financial instruments in this or in any other jurisdiction. All opinions on the Site and through Content are of MacroWinds alone and not somebody else’s and should not be interpreted as such. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of Content on the Site before making any decisions. In exchange for using the Site, you agree not to hold MacroWinds, its owners, creators, members, associates, affiliates or any third party service provider liable for any possible claim for damages arising from any decision you make based on Content made available to you through the Site.


INVESTMENT RISKS

There are risks associated with investing in models and the associated securities/funds/instruments. Models presented on the Site are built with the benefit of hindsight and are not in any way telling of future performance. They are for informational purposes only. Models are built using Index or Fund data or a combination, that could be incorrect, inaccurate, incomplete. They do not factor in inflation, commissions, taxes, slippage, fees, tech limitations etc. The Model itself could have errors in reasoning and implementation. Investing in models and financial instruments involves risk of loss. Instruments employing capital directly or indirectly in foreign countries involve further risks, including a greater volatility, political, economic and currency risks and differences in accounting methods. Any metric provided (such as “Max drawdowns”) are historical in nature and should not be interpreted as implying anything about the future or as being completely accurate. A model’s or security’s or a fund’s past investment performance is not a guarantee or predictor of future investment performance.



THIRD PARTY LINKED SITES

MacroWinds may provide hyperlinks to web sites operated by third parties. When you select these hyperlinks you will be leaving the Site. Because MacroWinds has no control over such sites or their content, MacroWinds is not responsible for the availability of such external sites or their content, and MacroWinds does not adopt, endorse or nor is responsible or liable for any such sites or content, including advertising, products or other materials, on or available through such sites or resources. Other web sites may provide links to the Site or Content with or without our authorization. MacroWinds shall not be responsible or liable for any links from those sites to the Site or Content, or for any content, advertising, products or other materials available on or through such other sites, or any loss or damages incurred in connection therewith. MacroWinds may, in its sole discretion, block links to the Site and Content without prior notice. Your use of everything on third party websites is at your own risk and is subject to their terms of use.


SITE AND CONTENT NOT WARRANTED

The Site and Content are provided “as is” and without warranties / guarantees of any sort. You bear all the risks associated with their use, including without limitation, reliance on accuracy, completeness or usefulness. MacroWinds disclaims all warranties / guarantees, expressed or implied, without limitation, all warranties of title, non-infringement, accuracy, completeness, usefulness, commercialization for a particular use or unforeseen warranties that may arise.


LIMITATION OF LIABILITY

Your only remedy for dissatisfaction with the Site and Content is to stop using them. MacroWinds is not liable for any direct, indirect, incidental, accidental, consequential, special or punitive damages under any theory of liability, including without limitation damages for losses, use, data or any intangibles. MacroWinds will not be liable for any damages resulting from your use of or inability to use the Site or Content. While we try to maintain the integrity and security of the Site and Content, we do not guarantee that the Site or Content is or remains secure, complete or correct, or that access to the Site or Content will be uninterrupted or error free. The Site and Content may include inaccuracies, errors and materials that violate or conflict with these Terms. Additionally, third parties may make unauthorized alterations to the Site or Content.


LIMITED RIGHT OF USE/OWNERSHIP OF CONTENT

You are permitted to use the Site and Content for your personal, non-commercial use only. The Site and Content are and shall remain the property of MacroWinds and is protected by copyright, trademark, patent, and/or other intellectual property, proprietary, work product rights and laws. You may use the Site and Content for your personal, noncommercial use, provided that you keep intact all copyright, trademark, patent and other proprietary notices. Except as expressly authorized in advance by MacroWinds in writing, you agree not to reproduce, modify or create derivative works based on, rent, lease, loan, sell, distribute, publish, publicly perform or display, reverse engineer / decompile / disassemble, all or any part of the Site or Content.

Trade names, trademarks and service marks of MacroWinds include, without limitation, MacroWinds and any associated logos. All trademarks and service marks on the Site not owned by MacroWinds are the property of their respective owners. Nothing contained on the Site should be construed as granting, by implication, estoppel or otherwise, any license or right to use any of MacroWinds’s trade names, trademarks or service marks without our express prior written consent.


TERMINATION

MacroWinds, in its sole discretion, may terminate your access to or use of the Site and Content, at any time and for any reason. Your access to or use of the Site and Content may be terminated without notice. MacroWinds shall not be liable to you or any third party for any termination of your access to the Site or Content, or to any such information or files, and shall not be required to make such information or files available to you after any such termination.


RULES OF CONDUCT

Your use of the Site and Content is conditioned on your compliance with the rules of conduct set forth here. You will not:

  • Use the Site or Content for any fraudulent or unlawful purpose.

  • Interfere with or disrupt the operation of the Site or Content or the servers or networks used to make the Site and Content available; or violate any requirements, procedures, policies or regulations of such networks.

  • Restrict or inhibit any other person from using the Site or Content (including without limitation by hacking or defacing any portion of the Site or Content).

  • Use the Site or Content to advertise or offer to sell or buy any goods or services without MacroWinds’s express prior written consent.

  • Reproduce, duplicate, copy, sell, resell or otherwise exploit for any commercial purposes, any portion of, use of, or access to the Site or Content.

  • Modify, adapt, reverse engineer, decompile / disassemble any part of the Site or Content.

  • Remove any copyright, trademark or other proprietary rights notice from the Site or materials originating from the Site or Content.

  • Frame or mirror any part of the Site or Content without MacroWinds’s express prior written consent.

  • Create a database by systematically downloading and storing Content.

  • Use any robot, spider, site search/retrieval application or other manual or automatic device to retrieve, index, “scrape,” “data mine” or in any way gather Content or reproduce or circumvent the navigational structure or presentation of the Site without express prior written consent from MacroWinds.


INDEMNIFICATION

By accessing and using the Site and Content, you agree to indemnify, defend and hold harmless MacroWinds (collectively, the “Indemnified Parties”) from and against any and all claims, losses, costs and expenses (including attorneys’ fees) arising out of or relating to (a) any breach (or claim, that if true, would be a breach) by you of these Terms and (b) your use of or activities in connection with the Site. We reserve the right, at our own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you. You shall not enter into any settlement agreement which affects the rights of any of the Indemnified Parties or requires the taking of any action by any of them, without our prior written approval.


JURISDICTIONAL CONTEXT

The Site is controlled and operated by MacroWinds from the United States, and is not intended to subject MacroWinds to the laws or jurisdiction of any country or territory other than that of the United States. MacroWinds does not represent or warrant that the Site or any part thereof is appropriate or available for use in any particular jurisdiction other than the United States and only in those US states and territories where MacroWinds is registered or licensed or exempt from registration or licensing under applicable state or federal law. In choosing to access the Site, you do so on your own initiative and at your own risk, and you are responsible for complying with all local laws, rules and regulations. We may limit the Site’s availability to any person, geographic area or jurisdiction.


MODIFICATIONS

MacroWinds may amend the terms of use at any time at its discretion, by posting revisions on the Site.