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GSR Capital Management Inc. is a Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where GSR Capital Management Inc. and its representatives are properly licensed or exempt from licensure. This website is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by GSR Capital Management Inc. unless a client service agreement is in place.

The commentary on this website reflects the personal opinions, viewpoints and analyses of GSR Capital Management Inc. employees providing such comments, and should not be regarded as a description of advisory services provided by GSR Capital Management Inc. or performance returns of any GSR Capital Management Inc. client. The views reflected in the commentary are as of their publication date and are subject to change at any time without notice. Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. GSR Capital Management Inc. manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.

The information has been obtained from sources considered to be reliable, but we do not guarantee that the foregoing material is accurate or complete.

The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market.  The NASDAQ Composite covers 4500 stocks traded over the counter.  It represents many small composite index company stocks but is heavily influenced by about 100 of the largest NASDAQ stocks.  It is a value weighted index calculated on price change only and does not include income.  The Dow Jones Industrial Average Total Return covers 30 major NYSE industrial companies. The Dow represents about 25% of the NYSE market capitalization and less than 2% of NYSE issues. It is a priced-weighted arithmetic average, with the divisor adjusted for stock splits. The MSCI EAFE index and the MSCI Emerging Markets index are unmanaged indexes compiled by Morgan Stanley Capital International that are generally considered representative of the developed international stock market, respectively.  International securities involve additional risks including currency fluctuations, differing financial accounting standards, and possible political and economic volatility, and may not be suitable for all investors.  Investing in emerging markets can be riskier than investing in well-established foreign markets.  Investing in small cap stocks generally involves greater risks, and therefore, may not be appropriate for every investor.  The Russell 1000 Growth Index represents a segment of the Russell 1000 index with a greater-than-average growth orientation. Companies in this index have higher price-to-book and price-earnings ratios, lower dividend yields and higher forecasted growth values. This Index includes the effects of reinvested dividends. The S&P Midcap 400 Index is a measurement of changes in 400 domestic stocks chosen by capitalization, liquidity, and industry group representation. It is a capitalization weighted index, with each stock's weight proportional to its market value. This Index includes the effects of reinvested dividends. The S&P 600 Index is a capitalization weighted index (stock price times the number of share outstanding) comprised of 600 stocks chosen for market size, liquidity (bid-ask spread, ownership, share turnover, and number of no trade days), and industry group representation. The S&P600 Index is constructed to represent a broad range of industry segments in the U.S. economy and targets companies which are viewed as having relatively small market capitalizations. The S&P 600 represents approximately 3% of US Equities. The S&P 500 Equal Weight Index (EWI) is the equal-weight version of the widely-used S&P 500. The index includes the same constituents as the capitalization weighted S&P 500, but each company in the S&P 500 EWI is allocated a fixed weight - or 0.2% of the index total at each quarterly rebalance.The Russell 1000 Value Index represents a segment of the Russell 1000 index with a less-than-average growth orientation. Companies in this index have low price-to-book and price-earnings ratios, higher dividend yields and lower forecasted growth values. This Index includes the effects of reinvested dividends.The Bloomberg Barclays Capital U.S. Intermediate Government/Credit Bond Index measures the performance of U.S. Dollar denominated U.S. Treasuries, government-related and investment grade U.S. corporate securities that have a remaining maturity of greater than one year and less than ten years. Inclusion of these indexes is for illustrative purposes only.  Keep in mind that individuals cannot invest directly in any index and index performance does not include transaction costs or other fees, which will affect actual investment performance.  Individual investor’s results will vary. 

 GSR Capital Management Inc. provides links for your convenience to websites produced by other providers or industry related material. Accessing websites through links directs you away from our website. GSR Capital Management is not responsible for errors or omissions in the material on third party websites, and does not necessarily approve of or endorse the information provided. Users who gain access to third party websites may be subject to the copyright and other restrictions on use imposed by those providers and assume responsibility and risk from use of those websites.

Investments & Wealth Institute™ (The Institute) is the owner of the certification marks “CIMA,” and “Certified Investment Management Analyst.”  Use of the CIMA and/or Certified Investment Management Analyst signifies that the user has successfully completed the Institute’s initial and ongoing credentialing requirements for investment management professionals.