Any strategy that involves investment in stocks and other marketable securities, including each of the investment strategies described in this website, carries the risk of loss due to decline in the market prices of such securities.

There can be no assurance or guarantee that any investment strategy described in this website will achieve its stated goal.

Specifically:

With respect to the Equity Index Plus strategy, there can be no assurance that the strategy will achieve a stock market-like level of return or exhibit less risk than any given stock market benchmark.

With respect to the BenchmarkPlus strategy, there can be no assurance that the strategy will improve upon any given benchmark's performance.

With respect to the TargetReturn strategy, there can be no assurance that any specific target return will be achieved over any given time frame. In addition, there can be no assurance of convergence toward any specific target return over any given time frame.

With respect to the Quality Fixed Income strategy, there can be no assurance that the strategy will achieve superior risk-adjusted performance in comparison to any given fixed-income market benchmark.

With respect to the Diversified Income strategy, there can be no assurance that the strategy will generate any particular level of income, achieve capital growth over any given time frame, or experience reduced risk as a result of diversification.

With respect to the Global Growth & Resources strategy, there can be no assurance that the anticipated long-term economic trends will materialize or, if they do, that the strategy will benefit from those trends, or that capital appreciation will be realized over any given time frame.

With respect to the Master Limited Partnerships strategy, there can be no assurance that the strategy will generate any particular level of income, that such income will be tax-advantaged, or that growth of capital will be realized over any given time frame.

With respect to the Concentrated Stock strategy, there can be no assurance that the strategy will successfully reduce the risk of the concentrated stock position being managed or lead to a more diversified portfolio over time.