Legal Disclosures

Covestor Ltd (doing business as Interactive Advisors) is an investment advisor registered with the U.S. Securities and Exchange Commission (“SEC”). Registration does not imply a certain level of skill or training nor does it imply endorsement by the SEC.

The content of the Interactive Advisors blog includes commentaries written by third-party portfolio managers, freelance writers and Interactive Advisors employees and does not necessarily represent the opinions of Interactive Advisors or any of its officers, directors, employees or staff. The content, whether or not provided by Interactive Advisors, is offered for informational purposes only, does not constitute investment advice, and is not an offer to buy or sell any security. The content of this blog is not a substitute for obtaining professional financial advice from a qualified person or firm. For additional information or questions about this blog, please contact

Any investments discussed in this blog that are not identified as being held in a portfolio or portfolios are for illustrative purposes only. There is no assurance that Interactive Advisors will make any investments with the same or similar characteristics as any investments presented. The investments are presented for discussion purposes only and are not a reliable indicator of the performance or investment profile of any composite or client account. Further, the reader should not assume that any investments identified were or will be profitable or that any investment recommendations or investment decisions made by Interactive Advisors or portfolio managers on its platform in the future will be profitable.

Interactive Advisors blog commentaries may contain forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Interactive Advisors portfolio managers and other blog contributors believe that such statements, information, and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information and opinions.

Any external links provided are offered as a matter of convenience and are not the property or responsibility of Interactive Advisors. Although Interactive Advisors has a reasonable belief that the information is factual and up to date, it cannot guarantee the accuracy of the information at these links.

Past performance is no guarantee of future results, nor is it indicative of future performance. All investments in financial markets involve risk, including the risk of loss, such as a loss of principal and reduction in earnings. Performance of the manager accounts associated with each portfolio has been calculated by Interactive Advisors on a daily time-weighted basis, including cash, reinvested dividends and earnings, and reflects the deduction of simulated Interactive Advisors advisory fees and broker commissions to present returns net of fees.

Blog discussions may contain references to portfolio performance. The performance figures stated are net of advisory fees, and include reinvestment of dividends or other earnings. Blog discussions may also contain references or comparisons to indexes or benchmarks.

For additional information regarding the performance of portfolios offered by Interactive Advisors, index or benchmark comparisons and other information regarding our platform, see the individual portfolio profile pages at as well as our Legal Disclosures and Informational Brochure on our Forms and Agreements page.

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