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Past performance is not a guarantee or indicator of future results. These materials are for informational use only and should not be considered investment advice or an offer to sell any product. The information discussed and shown here is not a recommendation to buy or sell a particular security or to invest in any particular sector. Forward-looking statements are not guaranteed. You should not assume that any of the securities transactions, sectors or holdings discussed in these reports are or will be profitable, or that recommendations Jayu make in the future will be profitable or equal the performance of the securities discussed. There is no assurance that any securities, sectors or industries discussed herein will be included or excluded from a client’s portfolio. Jayu reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs. The discussions, outlooks and viewpoints featured are not intended to be investment advice and do not take into account specific client investment objectives.¹

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