Disclosure Statement

Performance results are historical, are for informational purposes only, and are not indicative of future results. All account returns are net of commissions and transaction costs and gross of non-reclaimable withholding taxes, if any, and reflect the reinvestment of dividend income. The net returns are derived using the maximum investment advisory fixed rate fee and calculated on a monthly basis. The maximum investment advisory fixed fee rate currently in effect for each strategy presented is 1% on total assets (the standard investment advisory fees are 1.0% on assets up to $10 million, and may be tiered thereafter). Some clients may utilize a performance-based fee, therefore actual fees paid may be higher or lower than the maximum fixed fee. Fees may be negotiated and actual advisory fees can vary among clients invested in this strategy.

It should not be assumed that any of the securities holdings discussed were or will prove to be profitable, or that the investment recommendations or decisions we make in the future will be profitable or will equal the investment performance of the securities discussed herein. The securities discussed do not represent a portfolios entire holding and in the aggregate may represent only a small percentage of the portfolio holdings.

The information herein has been obtained from sources believed to be reliable, but AG Asset Management does not warrant its completeness or accuracy. Prices, opinions and estimates reflect AG Asset Management's judgment on the date hereof and are subject to change at any time without notice. Any statements nonfactual in nature constitute current opinions, which are subject to change. Projections are not guaranteed and may vary significantly. Further information on the firm and its advisory fees may be obtained from the firm's Form ADV, which is available without charge upon request. Complete descriptions of all AG Asset Management products and benchmarks are available upon request.

This presentation is for Client use only and is not intended for general distribution.