Disclaimer: SimplyRobo is not a broker-dealer or a registered investment adviser. Under no circumstances does any information on SimplyRobo.com constitute a recommendation to buy or sell a security, nor does it give investment advice. Our forecast is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only.