This report is prepared solely for information purposes in connection with this Portfolio. Historical returns shown are simulated, gross of management fees and do not consider brokerage commissions. They are calculated on a total return basis and annualized for all periods greater than one year. Past performance is not necessarily an indicator of future performance. The indicated performance above and may not reflect the actual performance of clients following the Portfolio.
Factor-Based (FB) makes every effort to ensure that the contents have been compiled or derived from sources believed reliable. However, FB makes no warranty or representation, express or implied, in respect thereof, takes no responsibility for any errors and omissions which may be contained herein and accepts no liability for any loss arising from any use of or reliance on this report or its contents. Additional information may be available which is not reflected herein.
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