| © 2011-2012 Quantemonics Investing, LLC All Rights Reserved. |

| Quantemonics Investing is delivered exclusively by electronic means, and is only available on or through the www.quantemonicsinvesting.com website, Covestor.com website and related e-mail versions. All contents of the service are provided for information and education purposes only. You agree that the service is not to be interpreted as investment advice, as an endorsement of any security or investment, or as an offer or solicitation to buy or sell any security. Quantemonics Investing, www.quantemonicsinvesting.com and the representatives, owners and officers of Quantemonics Investing, LLC do not provide specific and personalized investment advice, and are not registered as investment advisors or a broker/dealer. The trading of securities or investments may not be suitable for all users of the service. It should not be assumed that future results will be profitable or will equal past performance, and all readers should understand that each security investment involves a degree of risk. Visitors should not assume that profits or gains will be realized by any security or investment mentioned by the service. Readers accept any and all potential liability, loss, expense and cost when making trades or investments in their own account. We recommend readers consult with a registered financial adviser before making any investment decision. Readers understand and agree that, from time to time, any or all of the information and opinion providers or their affiliates, including individuals, employees and companies, may hold positions in the securities or investments mentioned. They may trade for their own accounts based on, and consistent with, the information presented on this website and the Covestor.com mirror eligible portfolios. No compensation of any kind has been paid to Quantemonics Investing, LLC or related parties for company participation in our Covestor.com data service. The facts and information presented have been obtained from original or recognized statistical sources believed to be reliable, but their accuracy and completeness cannot be guaranteed. All opinions expressed on the service are subject to change without notice. |