Disclosures

A study of the CGM Focus Fund revealed that, despite it’s 18% annual return, the average investor in the fund lost money.
https://www.forbes.com/sites/chrisbarth/2011/07/06/stop-chasing-numbers-short-term-investing-history-doesnt-always-repeat/

98% of professional fund managers underperform the S&P 500, and the average investor fares even worse.
https://www.spglobal.com/spdji/en/spiva/article/spiva-canada/

*This is an estimated return and not an actual return. The 10 year average annual return is calculated based on the 10 year weighted average total return of indices that closely match the composition of the Moka Funds, namely the S&P 500 Index denominated in Canadian dollars, S&P Canada Aggregate Bond Index and S&P Canada Treasury Bill Index, in a manner consistent with the asset allocation mix of the Moka portfolios. The weightings applied to each index are as follows: Equity Growth = 100% equity, Balanced Growth = 70% equity and 30% fixed income, Balanced = 50% equity and 50% fixed income, Balanced Income = 70% fixed income and 30% money market, and Cautious Income = 100% money market. The performance of an index is not an exact representation of any particular investment, as you cannot invest directly in an index.

*This image is provided for information purposes only. The portfolios have different asset allocations mixes and other portfolio characteristics differences thus conduct your own research. Please note the Tangerine Equity Growth Portfolio of 8.93% is an actual number; the Wealthsimple Growth Portfolio of 7.6% is an estimated number and the RBC Select Growth Portfolio of 6.7% is an actual number. We used the following calculator link to find the estimated number for $10k invested for 50 years. Thus, we took the above numbers of Tangerine (8.93%), Wealthsimple (7.6%) and RBC (6.7%) and used the calculator link to find the $10K investment in 50 years.

Information provided regarding past investment returns is for illustrative purposes only and without regard to any particular user’s investment objectives or financial situation, and does not guarantee or predict future results. Investments inherently carry risks, including the potential loss of principal. You may experience gains or losses. Holding assets in foreign currencies exposes you to currency risk, which can result in gains or losses when converting back to your home currency. Past performance is no guarantee of future results. Reference: S&P 500 10% average annual return, S&P 500 outperformed 98% of professional money managers, Investor returns vs. Market returns.

Average Frequency of S&P 500 Declines Since 1980: https://www.covenantwealthadvisors.com/post/understanding-stock-market-corrections-and-crashes

S&P 500 intra year declines and annual returns since 1980: https://am.jpmorgan.com/us/en/asset-management/adv/insights/market-insights/guide-to-the-markets/#

$10,000 invested in S&P 500 since 1980 with dividends reinvested: https://www.officialdata.org/us/stocks/s-p-500/1980?amount=10000&endYear=2024

Since 1950, the stock market has crashed 39 times by at least 10%. https://www.fool.com/investing/2022/03/20/how-long-do-stock-market-corrections-last/

$10,000 invested in 1950 would be worth a staggering $10.5M today. The calculation is based on the S&P500's historical returns including reinvested dividends.

$1.7M is the average amount Canadians say they need to retire (Source)
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75% of pre-retirees aged 55-65 have less than $100k saved (Source)

‍Note on Millionaire Dog Post: The account profile should be that of the human owner, not the dog, who is more likely to chase squirrels than stocks.

In videos describing Vince’s story, the reference to an investment value of $71,000 is assuming an initial investment of $0 and a bi-weekly investment of $50, at an annualized interest rate of 1.5% over 40 years with interest compounded annually. The reference to Vince being on track for $6,000,000 is assuming an initial investment of $0 and a weekly investment of $250, at an annualized return rate of 10% over 40 years with interest compounded annually. Actual future returns on Vince’s investment may fluctuate over time and cannot be predicted with certainty.

In videos describing Casey’s story, the reference to an investment value of $200,000 is assuming an initial investment of $0 and a weekly investment of $70, at an annualized interest rate of 1.5% over 40 years with interest compounded annually. The reference to Casey being on track for $3,100,000 is assuming an initial investment of $0 and a weekly investment of $50, at an annualized return rate of 10% over 50 years with interest compounded annually. Actual future returns on Casey’s investment may fluctuate over time and cannot be predicted with certainty. Image sources: Canadians banks designed to push customers into high-fee products.

App Store Disclaimers: All calculations are based on Moka Equity Growth investment model, which is 100% invested in the S&P 500. It assumes a 10% rate of annual return, based on the S&P 500's average return since its inception over the past 65 years, with dividends reinvested.

All images, names, logos, and brands are property of their respective owners. Mogo Inc. (including its affiliates) (“Mogo”) is not an investment advisor and does not provide investment advice. Nothing herein should be considered an offer, solicitation of an offer, endorsement or advice to buy or sell securities. Mogo is not a fiduciary by virtue of any person’s use of or access to the MogoTrade app, Mogo website, or any information provided by Mogo through its advertisements, social media posts, website or any other form of communication ("Information”). Past performance of an investment is no guarantee of future results. Any historical returns, expected returns or probability projections are hypothetical in nature and may not reflect actual future performance. Account holdings are for illustrative purposes only and should not be relied upon in making an investment decision. Actual product may differ from the description & images contained herein. Before choosing to invest, you must ensure you understand the risks involved, including the risk that you could lose the money you invested, and seek independent advice from a qualified financial advisor. You alone assume the sole responsibility of evaluating the risks and merits associated with any investment, or the use of any Information.

Actual product may differ from the description and images contained herein. Learn about the division that offers Direct Market Access (DMA) and New Issues here: https://mogotrade-dma.ca
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The “S&P” and “S&P 500” are registered trademarks of the Standard & Poor’s Financial Services LLC.

Moka Financial Technologies Inc. is a wholly owned subsidiary of Mogo Inc. and an affiliate of Mogo Finance Technology Inc. Investment accounts through Moka are opened with Mogo Asset Management Inc., registered portfolio manager.

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In exchange for using any Mogo products, you agree not to hold Mogo Inc. or any of its affiliates (including, but not limited to, Mogo Finance Technology Inc., MogoTrade Inc.and Moka Financial Technologies Inc.) liable for any possible claim for damages arising from any decision you make based on any Information made available to you.