Independent fund research, not investment advice
AltQ publishes independent, standardized research and proprietary ratings concerning investment funds, their managers, structures, disclosures, financial characteristics, and portfolio-related risks. AltQ's purpose is to give financial professionals and institutions a consistent research record for their own analysis and due diligence.
AltQ is not registered with the U.S. Securities and Exchange Commission or U.S. state securities regulators as an investment adviser or broker-dealer. AltQ is not a registered investment adviser (RIA), investment adviser representative, placement agent, fund manager, or nationally recognized statistical rating organization (NRSRO). Its AQ Score™ ratings are proprietary fund research assessments, not credit ratings.
AltQ does not provide personalized investment advice, determine whether a fund is suitable for an individual investor, manage investment accounts, hold client assets, execute securities transactions, or act as an intermediary in a fund subscription or redemption. AltQ does not undertake a fiduciary advisory relationship with users simply by publishing research or making the platform available.
The AQ Review™, available to subscribers on AltQ's paid research tier, is fund-level research prepared under the same standardized approach. A paid subscription does not make it personalized: the AQ Review™ does not consider any subscriber's or client's investment objectives, financial situation or portfolio, does not assess suitability, and is not investment advice.
AltQ research is not an offer to sell or a solicitation to buy securities. A favorable score, research finding, comparison or absence of a risk flag is not a recommendation to purchase, retain or redeem a fund interest.
How we publish research
AltQ publishes its research as a bona fide financial publication: the same standardized research, on the same terms, available to every subscriber and updated on a regular schedule. Three principles govern it:
- Impersonal research. An AQ Score™ or fund research report assesses the subject fund under a standardized methodology, not an individual user's investment objectives, personal finances, risk tolerance or particular portfolio. No score or parameter is computed for a single client.
- Bona fide and independent research. Every AQ Score™ is calculated by a standardized, rules-based methodology and reviewed by AltQ's research team before publication. It is intended to reflect the evidence, not fund promotion. Commercial relationships and conflicts are addressed in our Editorial Independence & Conflicts Policy.
- General and regular publication. Research is made available through established publication and subscription channels on generally applicable terms, with documented publication dates, revision records and consistent update practices. A subscription or paywall does not convert standardized research into a personalized advisory service.
This describes how AltQ conducts its publishing activities. It does not mean that the SEC or any other regulator has approved AltQ, endorsed its ratings, issued an exemption order, or determined how AltQ's activities are classified. Legal status depends on actual conduct and all applicable law, including potentially applicable state and non-U.S. requirements.
What our research includes
AltQ's published research may include fund and manager identity records; the AQ Score™; Data Trust indicators; analysis of fees and expenses; financial and performance history; portfolio, valuation, liquidity, leverage and governance observations; peer or benchmark comparisons; and reviews of changes in public disclosures. The scope, evidence base and limitations of each report may differ.
AQ Score™ rates the quality of the fund. Data Trust shows how complete and verifiable the evidence behind that rating is, whether obtained from public sources or disclosed to AltQ directly by the manager. The higher the Data Trust band, the closer the evidence comes to the information an institutional investor would typically review in a private-markets due diligence data room. The two are published side by side and are not combined into one figure. Neither constitutes a regulatory inspection, audit, certification of compliance, or guarantee of investment outcomes. See AQ Score™ & Data Trust Methodology.
Research may contain critical or negative assessments of a fund or manager. AltQ does not undertake to cover every fund or continuously monitor every covered fund. We may correct, amend or withdraw assessments as evidence and methodologies change.
Your investment and fiduciary decisions remain your responsibility
Users, including RIAs, investment adviser representatives, institutional allocators and other professional investors, must independently review official fund documents and determine whether any investment is appropriate under their own legal, regulatory, professional and fiduciary obligations. AltQ does not make that determination for them, even where a report is used to support a documented diligence process.
Information in reports may be incomplete or stale, especially for private or semi-liquid investments. Read the Research Disclosures & Risk Limitations and the fund's current prospectus, reports and other applicable offering documents.
Other jurisdictions and regulatory questions
How AltQ's research is treated under U.S. law does not determine its classification under Canadian provincial law or the laws of other countries. Availability of research in a jurisdiction does not constitute a representation that it complies with every local distribution or presentation rule. Access may be restricted when required by law.
Questions about AltQ's status or reports, or requests to flag apparent errors, may be directed to info@altq.ai. This contact is for research and administrative questions, not personalized investment advice.