Fortrend Securities Pty Ltd (ACN 055 702 693), AFSL 247261 is referred to as “Fortrend”, “we”, “us”, “our” or any such variations.

Fortrend does not refer to Fortrend Securities Inc (“FSI”), which is a separate U.S. company and member of FINRA (the Financial Industry Regulatory Authority) and registered with the U.S. Securities and Exchange Commission.

 

Fortrend has an agreement with FSI whereby FSI provides certain services to Fortrend, which Fortrend, in turn, can make available to our clients, such as access to their clearing firm. As part of that agreement, Fortrend has agreed to make disclosures on behalf of FSI. The fact that we make disclosures on behalf of FSI does not mean that Fortrend and FSI are the same entity, nor does it make Fortrend responsible for what it has agreed to disclose on behalf of FSI.

 

FSI does not have an AFSL, and, thus, is not allowed to – and does not – publish research intended for Australian residents. This website is solely owned and controlled by Fortrend, not by FSI. While Fortrend does publish research on this website, that research is intended strictly for Australian residents, and the content of such research reports is regulated by ASIC.

 

Fortrend is the first and primary point of contact. You may become a client of Fortrend and may not become a client of FSI. You only become a client of FSI after Fortrend approves your account and introduces you to FSI. FSI does not provide investment advice and Fortrend is responsible for servicing your account. FSI is not licensed by ASIC to provide you advice, deal for you  or to provide you with research. Fortrend's AFSL allows it to advise and deal for  retail clients who are Australian residents.

 

Fortrend makes no representations as to the completeness, accuracy, reliability, or suitability of this information. 

 

Fortrend does not offer any information in our website as a substitute for independent financial advice and recommends that prior to making any decision based on any information on our website, you should obtain independent financial advice in respect of any specific requirements or any investments contemplated by the reader.

 

Any advice has been prepared without taking into account the client objectives, financial situation and needs. Clients should consider the appropriateness of the advice by taking into consideration your objectives, financial situations and needs before acting on the advice.

 

Fortrend does not offer any information in any publication or via email as a substitute for independent financial advice and recommends that prior to making any decision based on any information via email, you should obtain independent financial advice in respect of any specific requirements or any investments contemplated by the reader.

 

Fortrend research reports are intended to provide information about topical issues relating to securities. While Fortrend has taken care to ensure that the information contained in this publication is complete and correct, Fortrend makes no representations as the completeness, accuracy, reliability or suitability of this information.

 

Fortrend's Relative Value Model (RVM) advice has been prepared without taking into account client objectives, financial situation and needs. Clients should consider the appropriateness of the advice by taking into consideration your objectives, financial situations and needs before acting on advice. FSI is not licensed to publish research in Australia and has no role responsibility whatsoever in research published by FSA.

 

RVM This advice has been prepared without taking into account your objectives, financial situation and needs. You should consider the appropriateness of the advice by taking into consideration your objectives, financial situations and needs before acting on the advice. Fortrend Securities Inc. is a member FINRA, SIPC and is registered with the Securities Exchange Commission. This Fortrend report is intended as general information only and Fortrend makes no representations as to the completeness, accuracy, reliability or suitability of this information. The information contained in this report has been prepared without taking into account any of your objectives, financial situation and needs. Fortrend Securities and its staff may hold the shares of the companies covered in this report. As a result, you should be aware that Fortrend Securities may have conflicts of interest that could affect the objectivity of this report. You should consider the appropriateness of the information contained here by taking into consideration your objectives, financial situations and needs before acting on the information. Fortrend does not offer any information in this report as a substitute for financial advice and recommends you obtain your own independent financial advice prior to making any decision based on any information in this report.

 

All FSA research or publications are general advice only, and it has been prepared without taking into account your particular investment objectives, your risk tolerance, and your financial situation and needs. You should consider the potential applicability of this general advice to yourself by taking into consideration your own investment objectives, risk tolerance and financial situations and needs before acting on the advice.

 

Joe Forster is the author of the RVM and he writes that solely in his capacity for  Fortrend. Thus, notwithstanding the fact that Mr. Forster is also registered with FSI, we want to make it clear that when Mr. Forster writes research, he is not acting on behalf of FSI, and this activity is not regulated by FINRA.  As a result of that fact, the content of his research reports is not subject to content standards promulgated by FINRA; rather, his research reports are solely prepared to comply with the content standards applied to Fortrend by its Australian regulators. Fortrend takes sole responsibility for supervising this work. Refer to the Financial Services Guide of Fortrend Securities Pty Ltd.

 

Fortrend and its staff, including Mr. Forster, may hold the shares of the companies covered in his research reports. As a result, you should be aware that Fortrend may have conflicts of interest that could affect the objectivity of his reports. Fortrend does not offer any information in any research report as a substitute for personal, individualized financial advice and recommends you to obtain your own independent financial advice prior to making any decision based on any information in a Fortrend research report.

 

 

 

 

 

 

 

 

 

 

 

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At Fortrend We Respect Your Privacy.

This privacy notice is being disclosed on behalf of Fortrend Securities Inc. and its registered representatives (collectively called FSI)

We recognize our obligation to keep information about you secure and confidential. It’s important for you to know that we do not sell your information to anyone. We restrict access to nonpublic personal information about you to those representatives and employees who need to know that information to provide products or services to you. We also maintain physical, electronic, and procedural safeguards to guard your nonpublic personal information. This notice describes how we handle your financial information we collect in doing our business.

 

FSI collects nonpublic personal information about you from applications and other forms which they receive from you and from oral and e-mail communications. Some of FSI’s representatives independently provide insurance sales, tax preparation, accounting, investment advice, and other services to you and receive information in the same way from you.

 

All of the information that FSI collects through its representatives who are also employed in other nonaffiliated businesses such as insurance sales or tax preparation will necessarily be disclosed to them in those other capacities. And information they collect from you in those other nonaffiliated capacities will necessarily also be known to them as representatives of FSI. In both cases, however, they will not disclose the information if you notify us that you do not want the information used in any capacity other than the one in which you have dealt with the representative.

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If you wish to opt out of such disclosure, please call (613) 9650-8400. By opting out, it will prevent the disclosure of your information between FSI and FSI's representative’s additional business pursuits. For example, if a FSI representative also has a tax preparation or insurance practice, that representative would not be able to discuss tax preparation or insurance business with you without first getting your permission.

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At such time as FSI and the representative terminate their relationship with one another, information that has been disclosed by one to the other may be retained by both of them if they have so agreed as a part of a transfer of such portion of the business as was previously handled by the representative.

 

We may also provide nonpublic personal information about you to nonaffiliated third parties as permitted by law. An example of this would be the sharing of your information with FINRA or the U.S. Securities and Exchange Commission, who oversee the activities of FSI. Another example would be the sharing of your information with a mutual fund or other such company in order to process your business.