How might Nomad's conflicts of interest affect me, and how will they be addressed?

Nomad works hard to minimize any conflicts of interest. First and foremost, it’s important to know that Nomad’s investment team is fiduciary, which means they are legally required to act in your best interest at all times in their relationship with you.

With that in mind, the business model has incentives that can create conflicts of interest. Nomad is paid based on assets under management and has a financial incentive to recommend you to increase the value in your accounts. They address this conflict by taking all the measures to protect the value of your portfolio, taking into account that their goal is to grow your investment value, it is seen as a win-win situation, because when your portfolio makes money, Nomad’s assets under management also grow.

In addition, as Nomad is regulated by SEC, there is a requirement for internal governance, which is conducted by the Compliance area. This area's scope, among others, is the implementation of a series of policies and procedures to ensure that all legal requirements to which Nomad is subject are met.