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Commentary Disclosures

The commentaries posted on this website are provided for information purposes only and do not pertain to any security product or service and is not an offer or solicitation of an offer to buy or sell any product or service.  Unless otherwise stated, all information and opinion contained in this publication were produced by PeachCap and other sources believed b PeachCap to be accurate and reliable.  Due to rapidly changing market conditions and the complexity of investment decisions, supplemental information and other sources may be required to make informed investment decisions based on your individual investment objectives and suitability specifications.  All expressions of opinions are subject to change without notice. 

All PeachCap employees, including research associates, receive compensation that is based in part upon the overall performance of the firm.  PeachCap may have financial interests in any given security with which this analysis suggests may be benefited from its conclusions.  Investors should seek financial advice regarding the appropriateness of investing in any security or investment strategy discussed or recommended in this report and should understand that statements regarding future prospects may not be realized.  Past performance does not guarantee future performance.

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Chart/Graph Disclosure

The chart and/or graph does not reflect past or current recommendations made by PeachCap and should be considered an academic treatment of empirical data.  It is designed for educational purposes only and should not be used to predict security prices or market levels.  Any suggestion of cause and effect or of the predictability of economic or investment cycles in unintentional.  This report should only be considered as a tool in any broker, dealer, or advisor’s investment decision matrix.  Investors should consult their financial advisor when applying the assumptions of the chart or graph.

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