Investing involves risk including the possible loss of principal.

Past performance is not a reliable indication of future performance.

These recordings are intended for financial professionals and institutional investors only. This is not intended for use with the general public. The views expressed in this podcast represent those of the speaker and are subject to change. Nothing presented should be construed as a recommendation to purchase or sell any security or follow any investment technique or strategy, and does not constitute advice, an advertisement, an invitation, a confirmation, an offer or a solicitation to engage in any investment activity, or an offer of any banking or financial service.

All examples herein are for illustrative purposes only and there can be no assurance that any particular investment objective will be realized or any investment strategy seeking to achieve such objective will be successful. Before acting on any information, you should consider the appropriateness of it having regard to your particular objectives, financial situation and needs and seek advice.

No representation or warranty, express or implied, is made as to the accuracy or completeness of the information, opinions and conclusions presented. In preparing these recordings, reliance has been placed, without independent verification, on the accuracy and completeness of all information available from external sources.

(4354166) 4/2025