Disclaimer: Portfolio Simulations are designed to allow plan sponsors, plan advisors, other financial services professionals, and individual investors to demonstrate and evaluate various allocation strategies in order to report their clients’, or their own financial goals. Investment allocations, results and any other information presented on the report is for research purpose only. There are no guarantees that any of the software will perform this function. The report is provided as general information only, and is not intended to provide investment, tax, legal, financial planning, or other advice. This report is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security, which may be referred herein. No investment recommendations are made, and customers should evaluate the suitability of each investment for their own holdings on their own or seek professional advice. They are generic in nature and do not take into account your detailed and complete personal financial facts and needs. You alone are responsible for evaluating the information provided and to decide which securities and strategies are suitable for your own financial risk profile and expectations. Consult with your financial, legal, or tax adviser with regard to your individual situation.

Financial estimates are generated by using many assumptions made by the program, clients, advisers, and the user. No person or software program can predict the future with any degree of certainty. No warranty as to correctness is given and no liability is accepted for any error, or omission, or any loss which may arise from relying upon data generated from reports produced by these programs. Information provided by the report could be time sensitive and out of date. There is no guarantee for accuracy and completeness for the contents on the report. Contents are subject to change without notice. There is no guarantee for future results in your investment and any other actions based on the information provided on the report including but not limited strategies, portfolios, performance data and results of any tools.

Forward looking data is subject to change at any time and there is no assurance that projections will be realized. All investments are subject to risk. There is no assurance that any investment strategy will be successful. The projections or other information generated by PSDS Portfolio Design regarding the various investment outcomes are hypothetical in nature, do not reflect actual investment results  and are not guarantees of future results. PSDS Portfolio Design  results may vary with each use and over time. The return assumptions in PSDS Portfolio design are not reflective of any specific product, and do not include any fees or expenses that may be incurred by investing in specific products. The actual returns of a specific product may be more or less than the returns used in PSDS Portfolio Design.

 Past performance is not a guarantee or a predictor of future results of either the indices or any particular investment.

Investors should consider the investment objectives, risks, charges, and expenses of an investment company carefully before investing. The prospectus contains this and other information and should be read carefully before investing. The prospectus is available from your investment professional.