Cougar Global Investments Limited (Cougar Global) is an investment manager that utilizes tactical asset allocation to construct globally diversified portfolios. Effective 4/30/15 Cougar Global was acquired by Raymond James Financial, Inc. (NYSE:RJF) and in 2016 became an affiliate of Carillion Tower Advisers, Inc. a wholly-owned subsidiary of Raymond James Financial, Inc. Prior to 4/30/15 Cougar Global was an independent investment management firm not affiliated with any parent organization. Cougar Global is registered as a Portfolio Manager with the Ontario Securities Commission and with the United States Securities and Exchange Commission as a Non-Resident Investment Adviser. Prior to 01/02/2013, the firm was named Cougar Global Investments LP.
For MWP accounts, Cougar Global Investments will provide investment models to LPL Financial. LPL Financial will then have full discretion to invest the MWP account in accordance with the model and to select other investments. LPL Financial may deviate from the model provided. The composites aggregate accounts for which Cougar Global has discretion. In MWP, LPL Financial (and not Cougar Global) has discretion. These and other factors will result in MWP account performance being different than that of the composite. The performance information for the composite is presented solely to provide information about investment models that will be provided by Cougar Global according to the same fundamental strategies shown.
For a list of composite descriptions, policies for valuing portfolios and calculating performance or to obtain a copy of a GIPS compliant presentation, please contact Cougar at 1 800 387 3779.
Cougar Global Investments claims compliance with the Global Investment Performance Standards (GIPS®).
Past performance is not an indicator of future results. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance information quoted. To obtain current month-end exchange traded fund performance information, please contact your financial advisor.
The volatility of the benchmark used to compare is materially different from that of the Composites. The potential for profit is accompanied by the potential of loss.
Neither LPL Financial nor Cougar Global Investments nor any of its affiliates engage in investment banking services nor has LPL Financial nor Cougar Global Investments or its affiliates or the analyst(s) been compensated during the previous 12 months by any company mentioned in this report for any non-investment banking securities-related services and non-securities services nor has any company mentioned been a client of LPL Financial or Cougar Global Investments or its affiliates within the past 12 months.
Principal Risk: An investment in Exchange Traded Funds (ETF), structured as a mutual fund or unit investment trust, involves the risk of losing money and should be considered as part of an overall program, not a complete investment program. An investment in ETFs involves additional risks: non-diversified, the risks of price volatility, competitive industry pressure, international political and economic developments, possible trading halts, and index tracking error. To the extent you are receiving investment advice from a separately registered independent investment advisor, please note that LPL Financial is not an affiliate of and makes no representation with respect to such entity.
Cougar Global and LPL Financial are not affiliated.