Important Risk Warnings:
Before investing you should consider carefully the risks involved, including those described below. If you have any doubt as to suitability or taxation implications, seek independent financial advice.
Your capital is at risk when you invest, never risk more than you can afford to lose. Commissions, fees and other charges can reduce returns from investments. Past performance and forecasts are not reliable indicators of future results.
Funds – Fund performance relies on the performance of the underlying investments, and there is counterparty default risk which could result in a loss not represented by the underlying investment.
Exchange Traded Funds (ETFs) with derivative exposure (leveraged or inverted ETFs) are highly speculative and are not suitable for risk-averse investors.
Spread betting – A short trade using spread betting carries a high level of risk to your capital. Spread betting is not suitable for everyone. Prices can move rapidly against you and resulting losses may be more than your original stake or deposit. Spread betting means that any gains or losses are amplified. Make sure you understand and are comfortable with the potential loss before placing a trade. Margin amounts vary between spread betting companies and the type of markets spread bet.
Tax treatment depends on individual circumstances and may be subject to change in the future.
Managing Editor: Eoin Treacy. Editor: Tom Meyer. Full details of our complaints procedure and terms and conditions can be found on our website, southbankresearch.com
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The back tested returns of the Short the World system are based on the underlying price of the index being measured. For example, if the S&P 500 is trading at 2700 and the average is above the yellow “transition zone” (the 200 day moving average), then a long trade is in place. If the S&P moves up to 2835 over the next 6 months, then the assumed gain is 5%. Alternatively, if the S&P 500 is trading at 2500 and the average is below the “transition zone”, then a short trade is in place. If the S&P moves down to 2375 over the next 6 months then the assumed gain is 5%. The total gain for both trades would be calculated as +10%.
Data was sourced using Bloomberg. All entry prices are taken at the indexes weekly closing price. Exits occur at any time the index touches the “transition zone”. All exit prices are set at the top (for long positions) and the bottom (for short positions) of the “transition zone”, and an assumption is made that the exit prices are available at the time.
Spread betting an index would have amplified the effect of any gains or losses. Results do not take spreads, costs or taxes into account. In live trading, investors will incur trading costs and it is unlikely that exact entry and exit prices will be achieved.
Terms and Conditions:
If Short the World has not outperformed all six markets it follows (FTSE 100, DAX, S&P 500, Spanish IBEX, Italian MIB, and China 300) in the 12 months commencing 25th January 2019 we will automatically add 12 months to your subscription term at no extra cost. The free 12 month term will be added to the end of your 12 month subscription.
The performance will be calculated using the closing price on 25th January 2019 to the closing price on 24th January 2020, as published in the Short the World portfolio. The calculation will not account for any estimated dealing costs or taxation. Investing in Short the World recommendations is not necessary in order to qualify for the guarantee.
You must be a subscriber to Short the World on 24th January 2020 to qualify.