Disclosures

IMPORTANT DISCLOSURES REGARDING INFORMATION ON THIS WEB SITE

This Web site is provided to you as a service by Aletheia Research and Management, Inc. ("ARMI"). By using this site, you agree to the following terms and conditions. These Disclosures should be read in conjunction with the Terms of Use.

ABOUT ALETHEIA RESEARCH AND MANAGEMENT, INC.

ARMI is an institutional investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”)**. The information on this site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject ARMI or any of its subsidiaries to any registration requirement within such jurisdiction or country.

RISK DISCLOSURES AND SUITABILITY

The investment strategies managed by ARMI and its affiliates are subject to several risks, which will generally differ depending on the specific strategy. Although the primary risks of each strategy are highlighted therewith, ARMI does not represent that every risk associated with a given strategy will be identified. ARMI does not represent that the securities, products, or services discussed in this web site are suitable or appropriate for all investors, and does not intend to provide investment, tax or legal advice through this website.

OTHER IMPORTANT CONSIDERATIONS

The information herein is provided for informational purposes only and should not be construed as a recommendation of any security, strategy or investment product, nor an offer or solicitation for the purchase or sale of any financial instrument.

This material contains the current opinions of the author, which are subject to change without notice. Statements concerning financial market trends are based on current market conditions, which will fluctuate. Forecasts are inherently limited and should not be relied upon as an indicator of future results. References to specific securities, issuers and market sectors are for illustrative purposes only. The asset and industry reports that may be contained herein are unaudited.

** Registration with the SEC does not in any way constitute an endorsement by the SEC of an investment adviser’s skill or expertise. Further, registration does not imply or guarantee that a registered adviser has achieved a certain level of skill, competency, sophistication, expertise or training in providing advisory services to its clients.