Risk Disclaimers

Investment Risk Warning

All investments carry significant risk, including the potential for complete loss of principal. Past performance does not guarantee future results. Investment advice is provided by Chicago Global Capital Pte. Ltd., a licensed fund manager, to qualified clients only.

1. General Investment Risks

Market Risk: Securities prices fluctuate due to market conditions, economic factors, and investor sentiment.

Volatility Risk: Investment values may experience significant short-term fluctuations.

Liquidity Risk: Some investments may be difficult to sell quickly at fair market prices.

Currency Risk: International investments are subject to currency exchange rate fluctuations.

2. Quantitative Strategy Risks

Model Risk: Our quantitative models may not perform as expected under different market conditions than those used in historical testing.

Factor Risk: Investment factors (value, momentum, quality, etc.) can experience prolonged periods of underperformance.

Crowding Risk: As quantitative strategies become more popular, their effectiveness may diminish.

Regime Change Risk: Market structure changes may render historical patterns obsolete.

3. Technology and Data Risks

Data Risk: Our analysis depends on the accuracy and completeness of market data, which may contain errors or be incomplete.

System Risk: Technology failures could disrupt platform functionality and analysis capabilities.

Algorithm Risk: Machine learning models may make unexpected decisions or exhibit biased behavior.

Alternative Data Risk: Non-traditional data sources may be unreliable, discontinued, or misinterpreted.

4. Platform-Specific Risks

Investment Analysis Platform: The Parallax platform provides quantitative analysis and may include investment recommendations for qualified clients.

No Guarantee of Accuracy: Analysis outputs are estimates based on historical data and may not accurately predict future market behavior.

Interpretation Risk: Users may misinterpret analytical results or apply them inappropriately to investment decisions.

Client Suitability: Investment recommendations are only provided to clients who meet applicable suitability standards.

5. Regulatory and Compliance Risks

Regulatory Changes: Changes in financial regulations may impact the validity or applicability of analytical approaches.

Jurisdiction Risk: Investment strategies may not be suitable or legal in all jurisdictions.

Compliance Risk: Users must ensure their use of platform insights complies with applicable regulations.

6. Academic Research Limitations

While our methodology builds upon academic research from institutions like the University of Chicago, academic findings may not translate perfectly to real-world investment outcomes. Research conditions often differ significantly from practical investment environments.

7. Investment Advisory Services

Chicago Global Capital Pte. Ltd. provides investment advisory services to qualified clients. Investment advice is personalized based on client circumstances, risk tolerance, and investment objectives. Services are restricted to accredited investors and qualified clients under applicable regulations.

For non-clients using the platform for informational purposes, the analytical outputs do not constitute personalized investment advice and should not be relied upon for investment decisions.

8. Client Qualification and Suitability

Investment advisory services are provided only to clients who meet applicable qualification standards, including accredited investor status where required. All clients undergo suitability assessments to ensure appropriate investment recommendations.

Non-clients accessing informational content should consult with qualified financial advisors before making investment decisions.

User Acknowledgment

By using the Parallax platform, you acknowledge that you have read, understood, and accept all risks described above. You understand your qualification status and the nature of services available to you based on applicable regulations.

9. MAS Regulatory Status

Chicago Global Capital Pte. Ltd. (UEN: 201734851Z) is licensed by the Monetary Authority of Singapore (MAS) as:

  • Capital Markets Services Licensee (Fund Management)
  • Exempt Financial Adviser

Our regulated activities include Fund Management, Advising on Investment Products (including Collective Investment Schemes, Securities, Derivatives), and Issuing/Promulgating Analyses/Reports on Investment Products.

10. Contact Information

For questions about these risk disclaimers, contact:

Chicago Global Capital Pte. Ltd.
UEN: 201734851Z
30 Cecil Street, #16-08 Prudential Tower
Singapore 049712
Phone: +65 97726073
Website: https://chicago.global

Last updated: October 5, 2025