Governance, Risk & Compliance

Governance, Risk & Compliance

April 01, 2011

The Connors Group Offers Money Back Guarantee On Select Portfolios of the Machine

The Connors Group Inc. is offering a 100 percent performance money back guarantee for the license fees invested on select modules within The Machine, which is the Group’s complete financial software solution. Under the guarantee, individual users will receive a complete refund of license fees paid to use The Machine's Performance Money Back Guarantee (PMBG) Portfolios if their investments are not profitable within a year. The Group specializes in the development and distribution of information related to financial market trading.

In a release, Larry Connors, founder and CEO of The Connors Group, said that, “The Connors Group empowers individual investors to make data-driven investment decisions by providing access to quantified, high-performance portfolios through The Machine. Our money back guarantee is our way of saying we stand behind the research in The Machine and we believe a properly constructed portfolio based on this research gives investors a wonderful opportunity to grow their account. We know of no other firm in the world that offers such a guarantee.”

The guarantee is valid only for a one-year license of the pre-built PMBG portfolios of The Machine used for trading financial accounts. If the portfolio is non-profitable in spite of being traded according to the Machine's signals within a one year, the Group will completely refund the license fee to the user. However, this guarantee is not valid for money managers, financial advisors, and professional traders.

Connors also stated that, “The Machine brings the power of quantified research to every investor. By choosing the pre-built portfolios within The Machine, investors gain access to strategies based on data, not emotions, which produce consistency in every kind of market. Our performance money back guarantee reinforces our commitment to providing investors with access to quantified, high-performance research and resulting portfolios that perform in any market.”

In other news, The Connors Group recently announced that it has signed a deal with ConvergEx Group, a leading technology company providing mission critical software and technology-enabled services to asset managers and financial intermediaries globally. The agreement will bring institutional-grade trade execution and automation capabilities to users of The Machine, the web-based software that allows investors and advisors to manage customized, quantified investment portfolios using more than 36,000 pre-set and back-tested strategies.

Calvin Azuri is a contributing editor for TMCnet. To read more of Calvin’s articles, please visit his columnist page.

Edited by Jennifer Russell

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