Disclaimer:
Dividend Equity Strategy returns are based on a weighted composite of discretionary accounts that include 100% of the recommended holdings. Individual accounts will have varying returns, including those invested in the Strategy. The reasons for this include, 1) the period of time in which the accounts are active, 2) the timing of contributions and withdrawals, 3) and the account size. Dividends and capital gains are not reinvested. Performance results do not include a cash component. Benchmarks include major indices, Lipper Median returns, and ETF’s that are correlated to the Strategy. The Russell 3000 Value and 1000 Value are trademarks of the Frank Russell Company. The S&P 500 is a trademark of Standard and Poor’s. The Lipper Benchmarks are trademarks of Thomson Reuters.

Past performance is not a guarantee of future results. Investments are not FDIC insured and may decline in value.