Managed Asset Portfolios, LLC (“MAP”) requires all visitors and users of our website to accept and adhere to the following terms and conditions. By accessing and using this website (“Site”), you indicate your acknowledgement and acceptance of these terms and conditions of use (“Agreement”). By continuing to use this Site, you represent that you understand, accept and consent to be bound by this Agreement, as well as our Website Privacy Policy which is incorporated into this Agreement by reference.

Opinions and Commentary

Any commentary on the Site reflects the personal opinions, viewpoints and analyses of employees of MAP providing such comments, and should not be regarded as a description of advisory services provided by MAP or performance returns of any MAP client. MAP manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed or reflected in the commentary. Current detailed information regarding MAP’s investment advisory services is available at https://www.managedassetportfolios.com/investor-documents.

Opinions and commentary expressed are for informational and educational purposes only and are not intended to provide specific, professional investment advice or recommendations for any individual or on any specific security. It is intended solely to provide information and education about the financial services industry, and topics of broader, general interest. The views reflected in the commentary are subject to change at any time without notice.

Certain statements or commentary may be forward-looking statements and projections which describe our strategies, goals, outlook, expectations, or projections. These statements are only predictions and involve known and unknown risks, uncertainties, vicissitudes and other factors that may cause actual results to differ materially from those expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on such forward-looking statements, which speak to circumstances existing only as of the date they are made, without any obligation on our part to provide any updates. Always consult a licensed investment professional before making any investment decision.

Nothing on this Site constitutes personal, individualized investment advice or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. MAP, its clients and/or MAP employees reserve the right to buy, sell or hold any company’s security mentioned on this Site or in any article linked by the Site. Any indices referenced for comparison are unmanaged and cannot be invested into directly. Investments in securities involve the risk of loss. Past performance is no guarantee of future results.

External

Our Site may provide external links allowing the user to leave this Site to access third-party material on other websites, including resources and articles sponsored by third parties. Such links are provided for general informational and financial education purposes only. MAP has no discretion to alter, update or control the content on a linked external website. While MAP has no reason to believe that such external websites or resources contain false or misleading content, MAP has not investigated, monitored, or checked for accuracy, adequacy, validity, reliability, or completeness of such websites. MAP does not endorse, authorize, sponsor or adopt, and therefore disclaims responsibility or liability for, the content or operation of such third-party websites, including but not limited to, the content, advertising, products, services or other materials on or available from such external websites or resources. MAP hereby cautions you to understand the inherent risks of relying upon, using or retrieving any information on a third-party linked site.

External links provided on our Site may be paywall, subscription-based access only. If you choose to subscribe, MAP does not receive any compensation, fees or other remuneration for fees you pay to access any externally linked website.

Various third-party websites may provide links to this website. We have not reviewed any or all of the third-party websites linked to this site. Therefore, MAP is not responsible for the content of any off-site pages or any other websites linked to this website. Your linking to this site, off-site pages or other external websites is solely at your own risk.

Users should be aware that linked websites may contain rules, privacy, confidentiality and other provisions that differ from the provisions contained in MAP’s Website Privacy Policy and this Agreement. MAP is not responsible for such provisions, and expressly disclaims any and all liability related to such provisions on external websites.

Disclaimer and Limitations of Liability

Investing involves substantial risk. While past performance may be analyzed, past performance should not be considered indicative of future performance. No one should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence.

To the maximum extent permitted by law, MAP disclaims any and all liability in the event any information, commentary, analysis, opinions, advice and/or recommendations on this website or any externally linked site prove to be inaccurate, incomplete or unreliable, or result in any investment or other losses.

All information, data and analysis provided by this Site is for informational and educational purposes only and is not a recommendation to buy or sell a security or basket of securities, including but not limited to equities, options and other derivative products, fixed income products, and/or ETFs. The information is provided without regard to individual levels of sophistication or investment experience, and without regard to the suitability of individuals who may access the Site. You understand and agree that the Site does not constitute a specific recommendation of any particular investment, security, portfolio, transaction, or strategy, nor that any specific course of action is suitable for any specific person. You further understand and agree that all content on our Site is impersonal and not tailored to any specific investment needs or suitability requirements, including your own. Please seek the advice of professionals regarding the evaluation of any specific opinion, commentary, advice, or other content and how it may or may not apply to your personal circumstances.

You understand that external performance data is supplied by sources believed to be reliable, but are not guaranteed. All content on the Site is presented only as of the date published or indicated, and may be superseded by subsequent market events or for other reasons. In addition, you are responsible for setting the cache settings on your browser to ensure you are receiving the most recent data.

All information, data and analysis reflected on the Site and linked websites are provided “AS IS” and without warranty of any kind, either expressed or implied. MAP believes all information, data and analysis contained on the Site to be accurate, but does not guarantee its accuracy. Under no circumstances, including, but not limited to, negligence, shall MAP, any of MAP’s employees be liable to you for direct, indirect, consequential, incidental, special, punitive or exemplary damages arising from the use of or inability to use the Site, such as, but not limited to, losses, loss of revenue, anticipated profits or lost business. All opinions expressed on this Site are subject to change without notice, and you should always obtain current information and perform appropriate due diligence before making trades or investment decisions. MAP, any of MAP’s employees, or other third-party data providers may have long or short positions in the securities discussed on the Site and may purchase or sell such securities without notice. MAP uses various methods to evaluate investments which may, at times, produce contradictory recommendations with respect to the same securities. When evaluating the results of prior MAP recommendations or MAP performance rankings, you should also consider that MAP may modify the methods it uses to evaluate investment opportunities from time to time. For this and for many other reasons, the performance of MAP ́s past recommendations or investments is not a guarantee of future results.

Any securities mentioned on this Site may not be eligible for sale in some states or countries, nor be suitable for all types of investors; their value and income they produce may fluctuate and/or be adversely affected by exchange rates, interest rates or other factors.

Copyright and Trademark

All text, works of authorship, articles, content, photographs, graphics, trademarks, logos, design and all other intellectual property on the Site are owned by MAP, and may not be copied, reproduced, altered, transmitted, displayed, distributed, republished, posted or otherwise used in whole or in part in any manner without the prior express written permission of MAP. The content of the Site is protected by trademark, copyright, and other intellectual and proprietary rights and unfair competition laws.

Amendments

MAP reserves the right to revise and amend the terms of this Agreement at any time. Your continued use of the Site is deemed to be acceptance of and agreement to be bound by any changes or amendments.

Governing Law & Dispute Resolution

This Agreement and your use of this website is governed by Michigan law. If a dispute arises under this Agreement or your use of this Site, you and MAP agree to resolve it first through a mediator in the City of Rochester, Michigan. If mediation is unsuccessful in resolving any dispute, you and MAP agree to submit the dispute to binding arbitration in accordance with the rules of the American Arbitration Association, or other mutually agreeable alternative dispute resolution forum, with the hearing location in the City of Rochester, Michigan. Judgment upon the final and binding arbitration award may be entered in any court of competent jurisdiction.