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Aberdeen Standard OEIC ASI UK Real Estate Share (Class a Acc [GBP])
Aberdeen Standard OEIC ASI UK Real Estate Share (Class A Acc [GBP]) Benchmark Aims Benchmark FTSE 350 Real Estate To generate income and some growth over the long term (5 years or more) by investing in UK property-related equities (company shares) including listed closed ended real estate investment trusts (“REITs”). Performance IA sector Property Target: To achieve the return of the FTSE 350 Real Estate Index plus 3% per annum (before charges) over rolling three year periods. The Performance Target is the level of performance that the management team hopes to Identification Codes achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target. The ACD believes this is an appropriate target for the fund based on the investment policy of the fund and the Sedol code B0XWNM5 constituents of the index. Mex code AFPRSA ISIN code GB00B0XWNM59 Performance Fund Overview Price Bid 178.69p Offer 178.69p (24/09/2021) Historic yield 1.11% Fund size £468.6m Number of holdings 32 Concentration Coefficient* 23 Charges Discounted initial charge 0.000% Net discounted AMC 0.750% Initial charge 4.25% Annual Management Charge 1.50% Exit charge None Performance fees No Cumulative Performance (%) 3m 6m 1Yr 3Yr 5Yr Fund Background Fund 7.72% 19.32% 35.73% 44.71% 70.86% Valuation point Daily 12:00 Sector 2.76% 13.07% 22.94% 20.79% 31.89% Fund type OEIC Rank 3/26 4/26 2/24 1/20 1/20 Launch date 29/10/1990 Quartile 1 1 1 1 1 Launch price £0.50 Discrete Performance (%) - to last month end Fund currency Pound Sterling -
REAL ESTATE July 2020
LISTED MARKETS – REAL ESTATE July 2020 Leo Zielinski Partner Tel. +44 (0)7980 809031 [email protected] John Rodgers Partner Tel. +44 (0)7810 307422 [email protected] Will Strachan Partner Tel. +44 (0)7929 885859 [email protected] Lloyd Davies We track the share price movement and regulatory announcements Partner of 57 real estate owning listed entities (“Gerald Eve tracked index”). Tel. +44 (0)7767 311254 A summary of the Gerald Eve tracked index in terms of GAV, NAV, [email protected] LTV, Dividend, Share Price, Market Cap, Discount/Premium to NAV and their respective weekly movement is attached. Lorenzo Solazzo Data Analyst We provide a comparison to share price data from 3 February 2020 Tel. +44 (0)783 309 5582 [email protected] (pre-Covid-19 level) to present day to demonstrate the impact across certain entities as a direct result of Covid-19. James Brown Surveyor As at 30 of June, the Gerald Eve tracked index is currently down 30% to pre- Tel. +44 (0)7464 656563 Covid-19 level, under-performing the FTSE350 which is slowly recovering and is [email protected] now down 16%. The tracked listed REITs share price decreased on average 3% since 1 June 2020 (March: -25%, April: +6%, May: -3%). To provide context around the share price movement, the average discount to NAV is currently 31% against 3% pre-Covid-19. It is unsurprising to note that specialist sector entities across Industrial, Healthcare and Supermarkets have out-performed the REIT universe relative to other strategies within the Gerald Eve tracked index. -
Exciting New Retail and Leisure Opportunity in the Centre of Milton Keynes
MILTON KEYNES EXCITING NEW RETAIL AND LEISURE OPPORTUNITY IN THE CENTRE OF MILTON KEYNES 809-811 Silbury Boulevard , Milton Keynes HOME INTRODUCTION LOCATION MILTON KEYNES RETAIL AND SITE PLAN AVAILABILITY LEISURE THE DEVELOPER OPPORTUNITY 02 CONTACT Retail and leisure units to let Two new commercial units with flexible planning consent for A1-A5 / D1 & B1 uses Unit sizes 1,959 sq ft (182 sq m) and 1,808 sq ft (168 sq m) Units can be combined to create one large unit of 3,767 sq ft (349 sq m) Directly opposite John Lewis entrance and Centre:MK Located directly beneath 132 new homes built for rent by Grainger Plc. For further information go to www.solstice-apartments.co.uk HOME INTRODUCTION LOCATION MILTON KEYNES SITE PLAN AVAILABILITY LOCATION THE DEVELOPER AERIAL 03 CONTACT SNOZONE / 12TH INTU SHOPPING CENTRE: JOHN XSCAPE STREET CENTRE MK LEWIS MILTON KEYNES MILTON KEYNES THEATRE ROSE HOME INTRODUCTION LOCATION MILTON KEYNES SITE PLAN AVAILABILITY LOCATION THE DEVELOPER NEIGHBOURS 04 CONTACT EAT/DRINK/RETAIL es) 1 Las Iguanas 18 Oliver Bonas M1 (2 mil 2 Byron Burger 19 White Stuff 3 Brasserie Blanc 20 Halifax 4 Carluccios 21 Pizza Hut 10 15 John Lewis 5 Lloyds Bank 22 McDonald’s Lloyds Court 5 8 1 6 Mothercare 23 Monsoon MK 6 Gallery 7 Ask Italian 24 Paperchase 7 16 9 Theatre 8 Next 25 Apple 2 13 24 9 Lakeland 26 Gap 14 4 11 10 John Lewis 27 H&M 17 Centre:MK 23 Secklow 11 Debenhams 28 Hollister 18 22 ard 19 7 12 Marks & Spencer 29 Michael Kors 12 21 Boulev 20 Gate 13 Primark 30 Sports Direct y 26 27 Snozone/Xscape A509 25 28 3 14 TK Maxx 31 T.M. -
LXI REIT Plc Prospectus.Pdf
168594 Project Olympus - Prospectus Intro_168594 Project Olympus - Prospectus Intro 06/02/2017 10:43 Page 1 168594 Proof 3 Monday, February 6, 2017 10:43 THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. If you are in any doubt about the action you should take, you are recommended to seek your own financial advice immediately from an independent financial adviser who is authorised under the Financial Services and Markets Act 2000 (as amended) (“FSMA”) if you are in the United Kingdom, or from another appropriately authorised independent financial adviser if you are in a territory outside the United Kingdom. A copy of this document, which comprises a prospectus relating to LXI REIT plc (the “Company”) prepared in accordance with the Prospectus Rules of the UK Listing Authority made pursuant to section 73A of the FSMA, has been filed with the Financial Conduct Authority in accordance with Rule 3.2 of the Prospectus Rules. Applications will be made to the UK Listing Authority and the London Stock Exchange for the Ordinary Shares to be issued in connection with the Issue and each Subsequent Placing under the Placing Programme to be admitted to listing on the premium listing segment of the Official List and to trading on the premium segment of the main market for listed securities of the London Stock Exchange respectively. It is expected that First Admission will become effective and that dealings for normal settlement in the Ordinary Shares will commence on 27 February 2017. It is expected that any Subsequent Admission pursuant to Subsequent Placings under the Placing Programme will become effective and dealings will commence between 28 February 2017 and 5 February 2018. -
Description Iresscode Exchange Current Margin New Margin 3I
Description IRESSCode Exchange Current Margin New Margin 3I INFRASTRUCTURE PLC 3IN LSE 20 20 888 HOLDINGS PLC 888 LSE 20 20 ASSOCIATED BRITISH ABF LSE 10 10 ADMIRAL GROUP PLC ADM LSE 10 10 AGGREKO PLC AGK LSE 20 20 ASHTEAD GROUP PLC AHT LSE 10 10 ANTOFAGASTA PLC ANTO LSE 15 10 ASOS PLC ASC LSE 20 20 ASHMORE GROUP PLC ASHM LSE 20 20 ABERFORTH SMALLER COM ASL LSE 20 20 AVEVA GROUP PLC AVV LSE 20 20 AVIVA PLC AV LSE 10 10 ASTRAZENECA PLC AZN LSE 10 10 BABCOCK INTERNATIONAL BAB LSE 20 20 BARR PLC BAG LSE 25 20 BARCLAYS PLC BARC LSE 10 10 BRITISH AMERICAN TOBA BATS LSE 10 10 BAE SYSTEMS PLC BA LSE 10 10 BALFOUR BEATTY PLC BBY LSE 20 20 BARRATT DEVELOPMENTS BDEV LSE 10 10 BARING EMERGING EUROP BEE LSE 50 100 BEAZLEY PLC BEZ LSE 20 20 BH GLOBAL LIMITED BHGG LSE 30 100 BOWLEVEN PLC BLVN LSE 60 50 BANKERS INVESTMENT BNKR LSE 20 20 BUNZL PLC BNZL LSE 10 10 BODYCOTE PLC BOY LSE 20 20 BP PLC BP LSE 10 10 BURBERRY GROUP PLC BRBY LSE 10 10 BLACKROCK WORLD MININ BRWM LSE 20 65 BT GROUP PLC BT-A LSE 10 10 BRITVIC PLC BVIC LSE 20 20 BOVIS HOMES GROUP PLC BVS LSE 20 20 BROWN GROUP PLC BWNG LSE 25 20 BELLWAY PLC BWY LSE 20 20 BIG YELLOW GROUP PLC BYG LSE 20 20 CENTRAL ASIA METALS PLC CAML LSE 40 30 CLOSE BROTHERS GROUP CBG LSE 20 20 CARNIVAL PLC CCL LSE 10 10 CENTAMIN PLC CEY LSE 20 20 CHARIOT OIL & GAS LTD CHAR LSE 100 100 CHEMRING GROUP PLC CHG LSE 25 20 CONYGAR INVESTMENT CIC LSE 50 40 CALEDONIA INVESTMENTS CLDN LSE 25 20 CARILLION PLC CLLN LSE 100 100 COMMUNISIS PLC CMS LSE 50 100 CENTRICA PLC CNA LSE 10 10 CAIRN ENERGY PLC CNE LSE 30 30 COBHAM PLC -
Retirement Strategy Fund 2060 Description Plan 3S DCP & JRA
Retirement Strategy Fund 2060 June 30, 2020 Note: Numbers may not always add up due to rounding. % Invested For Each Plan Description Plan 3s DCP & JRA ACTIVIA PROPERTIES INC REIT 0.0137% 0.0137% AEON REIT INVESTMENT CORP REIT 0.0195% 0.0195% ALEXANDER + BALDWIN INC REIT 0.0118% 0.0118% ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 0.0585% 0.0585% ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 587 0.0329% 0.0329% ALLIED PROPERTIES REAL ESTAT REIT 0.0219% 0.0219% AMERICAN CAMPUS COMMUNITIES REIT USD.01 0.0277% 0.0277% AMERICAN HOMES 4 RENT A REIT USD.01 0.0396% 0.0396% AMERICOLD REALTY TRUST REIT USD.01 0.0427% 0.0427% ARMADA HOFFLER PROPERTIES IN REIT USD.01 0.0124% 0.0124% AROUNDTOWN SA COMMON STOCK EUR.01 0.0248% 0.0248% ASSURA PLC REIT GBP.1 0.0319% 0.0319% AUSTRALIAN DOLLAR 0.0061% 0.0061% AZRIELI GROUP LTD COMMON STOCK ILS.1 0.0101% 0.0101% BLUEROCK RESIDENTIAL GROWTH REIT USD.01 0.0102% 0.0102% BOSTON PROPERTIES INC REIT USD.01 0.0580% 0.0580% BRAZILIAN REAL 0.0000% 0.0000% BRIXMOR PROPERTY GROUP INC REIT USD.01 0.0418% 0.0418% CA IMMOBILIEN ANLAGEN AG COMMON STOCK 0.0191% 0.0191% CAMDEN PROPERTY TRUST REIT USD.01 0.0394% 0.0394% CANADIAN DOLLAR 0.0005% 0.0005% CAPITALAND COMMERCIAL TRUST REIT 0.0228% 0.0228% CIFI HOLDINGS GROUP CO LTD COMMON STOCK HKD.1 0.0105% 0.0105% CITY DEVELOPMENTS LTD COMMON STOCK 0.0129% 0.0129% CK ASSET HOLDINGS LTD COMMON STOCK HKD1.0 0.0378% 0.0378% COMFORIA RESIDENTIAL REIT IN REIT 0.0328% 0.0328% COUSINS PROPERTIES INC REIT USD1.0 0.0403% 0.0403% CUBESMART REIT USD.01 0.0359% 0.0359% DAIWA OFFICE INVESTMENT -
XINT F UK Real Estate P GBP Index
As of December 30, 2020 XINT F UK Real Estate P GBP Index DE000A13PXZ5 GBP The XINT F UK Real Estate P GBP Index is a free-float adjusted index, designed to track the performance of real estate companies and REITS listed on the London Stock Exchange. INDEX PERFORMANCE - PRICE RETURN 120 115 110 105 100 95 90 85 80 75 70 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sep-20 Returns (p.a) Standard Deviation (p.a) Maximum Drawdown 3M 69.43% 3M 23.80% From 14.02.2020 6M 21.90% 6M 21.90% To 19.03.2020 1Y -17.08% 1Y -17.08% Return -38.63% Index Intelligence GmbH - Grosser Hirschgraben 15 - 60311 Frankfurt am Main Tel.: +49 69 247 5583 50 - [email protected] www.index-int.com Top 10 Constituents FFMV (GBPm) Weight % Industry Sector Segro PLC 11,298 19.84 Real Estate Land Securities Group PLC 4,910 8.62 Real Estate British Land Company PLC 4,630 8.13 Real Estate Unite Group PLC 3,341 5.87 Real Estate Derwent London PLC 3,136 5.51 Real Estate Tritax Big Box REIT Plc 2,866 5.03 Real Estate LondonMetric Property PLC 2,059 3.61 Real Estate Assura PLC 2,021 3.55 Real Estate Primary Health Properties PLC 1,989 3.49 Real Estate Grainger PLC 1,900 3.34 Real Estate Total 38,151 66.99 This information has been prepared by Index Intelligence GmbH (“IIG”). All information is provided "as is" and IIG makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to any data included herein. -
EPRA Nareit UK
2 FTSE Russell Publications 19 August 2021 FTSE EPRA Nareit UK Indicative Index Weight Data as at Closing on 30 June 2021 Index weight Index weight Index weight Constituent Country Constituent Country Constituent Country (%) (%) (%) Aberdeen Standard European Logistics 0.47 UNITED Great Portland Estates 2.87 UNITED Schroder Real Estate Investment Trust 0.38 UNITED Income KINGDOM KINGDOM KINGDOM Assura 3.11 UNITED Hammerson 2.41 UNITED Segro 20.93 UNITED KINGDOM KINGDOM KINGDOM Big Yellow Group 3.37 UNITED Helical 0.7 UNITED Shaftesbury 2.53 UNITED KINGDOM KINGDOM KINGDOM BMO Commercial Property Trust 0.76 UNITED Impact Healthcare REIT 0.46 UNITED Sirius Real Estate 1.71 UNITED KINGDOM KINGDOM KINGDOM BMO Real Estate Investments 0.27 UNITED Land Securities Group 7.69 UNITED Standard Life Inv Prop Inc Trust 0.44 UNITED KINGDOM KINGDOM KINGDOM British Land Co 7.31 UNITED LondonMetric Property 3.25 UNITED Target Healthcare REIT 0.94 UNITED KINGDOM KINGDOM KINGDOM Capital & Counties Properties 1.89 UNITED LXI REIT 1.32 UNITED Triple Point Social Housing REIT 0.61 UNITED KINGDOM KINGDOM KINGDOM Civitas Social Housing 1.15 UNITED NewRiver REIT 0.42 UNITED Tritax Big Box REIT 5.39 UNITED KINGDOM KINGDOM KINGDOM CLS Holdings 0.6 UNITED Phoenix Spree Deutschland 0.53 UNITED Tritax EuroBox GBP 1.06 UNITED KINGDOM KINGDOM KINGDOM Custodian REIT 0.6 UNITED Picton Property Income 0.76 UNITED UK Commercial Property REIT Limited 0.9 UNITED KINGDOM KINGDOM KINGDOM Derwent London 5.34 UNITED Primary Health Prop. 3.22 UNITED Unite Group 5.46 UNITED KINGDOM KINGDOM KINGDOM Empiric Student Property 0.81 UNITED PRS REIT (The) 0.76 UNITED Workspace Group 1.78 UNITED KINGDOM KINGDOM KINGDOM GCP Student Living 1.17 UNITED Regional REIT 0.5 UNITED KINGDOM KINGDOM Grainger 3.01 UNITED Safestore Holdings 3.1 UNITED KINGDOM KINGDOM Source: FTSE Russell 1 of 2 19 August 2021 Data Explanation Weights Weights data is indicative, as values have been rounded up or down to two decimal points. -
Recommended Cash and Share Offer for A&J Mucklow Group
172591 Proof 2 Thursday, May 23, 2019 03:22 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION. THIS ANNOUNCEMENT IS DEEMED BY LONDONMETRIC AND MUCKLOW TO CONTAIN INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION NO 596/2014. UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN. THIS ANNOUNCEMENT IS AN ADVERTISEMENT AND NOT A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT AND INVESTORS SHOULD NOT MAKE ANY INVESTMENT DECISION IN RELATION TO THE NEW LONDONMETRIC SHARES EXCEPT ON THE BASIS OF INFORMATION IN THE SCHEME DOCUMENT AND THE COMBINED CIRCULAR AND PROSPECTUS WHICH ARE PROPOSED TO BE PUBLISHED IN DUE COURSE. 23 May 2019 FOR IMMEDIATE RELEASE RECOMMENDED CASH AND SHARE OFFER FOR A&J MUCKLOW GROUP PLC (“MUCKLOW”) BY LONDONMETRIC PROPERTY PLC (“LONDONMETRIC”) to be effected by means of a Scheme of Arrangement under Part 26 of the Companies Act 2006 Summary The boards of directors of LondonMetric and Mucklow are pleased to announce that they have reached agreement on the terms of a recommended offer pursuant to which LondonMetric will acquire the entire issued and to be issued ordinary share capital of Mucklow (the “Combination” forming the “Combined Group”). The Combination is to be effected by means of a scheme of arrangement under Part 26 of the Companies Act. Under the terms of the Combination, for each Mucklow Ordinary Share, Mucklow Shareholders will be entitled to receive: 2.19 New LondonMetric Shares and 204.5 pence in cash On the basis of the Closing Price per LondonMetric Ordinary Share of 205.8 pence on 22 May 2019, the Combination values each Mucklow Ordinary Share at 655.2 pence and the entire issued and to be issued ordinary share capital of Mucklow at approximately £414.7 million. -
The Intu Difference Intu Properties Plc Annual Report 2016 Welcome to Our Annual Report 2016
The intu difference intu properties plc Annual report 2016 Welcome to our annual report 2016 Our purpose is to create compelling, joyful experiences that surprise and delight our customers and make them smile. We are a people business and everything we do is guided by our culture and our values. We’re passionate about providing people with their perfect shopping experience so that our retailers flourish. And it’s this that powers our business, creating opportunity for our retailers and value for our investors; benefiting our communities and driving our long-term success. Contents Overview Governance Highlights of 2016 2 Chairman’s introduction 58 Our top properties 4 Board of Directors 60 Executive Committee 62 Strategic report The Board 63 Chairman’s statement 6 Viability statement 68 Chief Executive’s review 8 Audit Committee 69 Our growth story 10 Nomination and Review Committee 74 Investment case 12 Directors’ remuneration report 76 Directors’ report 94 The intu difference Statement of Directors’ responsibilities 96 Making the difference 14 Understanding our markets 16 Financial statements Optimising asset performance 18 Independent auditors’ report 98 Delivering UK developments 20 Consolidated income statement 106 Making the brand count 22 Consolidated statement of Seizing the growth opportunity in Spain 24 comprehensive income 107 At the heart of communities 26 Balance sheets 108 Our business model 28 Statements of changes in equity 109 Relationships 30 Statements of cash flows 112 Strategy overview 32 Notes to the financial statements -
COVERAGE LIST GEO Group, Inc
UNITED STATES: REIT/REOC cont’d. UNITED STATES: REIT/REOC cont’d. UNITED STATES: NON-TRADED REITS cont’d. COVERAGE LIST GEO Group, Inc. GEO Sabra Health Care REIT, Inc. SBRA KBS Strategic Opportunity REIT, Inc. Getty Realty Corp. GTY Saul Centers, Inc. BFS Landmark Apartment Trust, Inc. Gladstone Commercial Corporation GOOD Select Income REIT SIR Lightstone Value Plus Real Estate Investment Trust II, Inc. Gladstone Land Corporation LAND Senior Housing Properties Trust SNH Lightstone Value Plus Real Estate Investment Trust III, Inc. WINTER 2015/2016 • DEVELOPED & EMERGING MARKETS Global Healthcare REIT, Inc. GBCS Seritage Growth Properties SRG Lightstone Value Plus Real Estate Investment Trust, Inc. Global Net Lease, Inc. GNL Silver Bay Realty Trust Corp. SBY Moody National REIT I, Inc. Government Properties Income Trust GOV Simon Property Group, Inc. SPG Moody National REIT II, Inc. EUROPE | AFRICA | ASIA-PACIFIC | MIDDLE EAST | SOUTH AMERICA | NORTH AMERICA Gramercy Property Trust Inc. GPT SL Green Realty Corp. SLG MVP REIT, Inc. Gyrodyne, LLC GYRO SoTHERLY Hotels Inc. SOHO NetREIT, Inc. HCP, Inc. HCP Sovran Self Storage, Inc. SSS NorthStar Healthcare Income, Inc. UNITED KINGDOM cont’d. Healthcare Realty Trust Incorporated HR Spirit Realty Capital, Inc. SRC O’Donnell Strategic Industrial REIT, Inc. EUROPE Healthcare Trust of America, Inc. HTA St. Joe Company JOE Phillips Edison Grocery Center REIT I, Inc. GREECE: Athens Stock Exchange (ATH) AFI Development Plc AFRB Hersha Hospitality Trust HT STAG Industrial, Inc. STAG Phillips Edison Grocery Center REIT II, Inc. AUSTRIA: Vienna Stock Exchange (WBO) Babis Vovos International Construction S.A. VOVOS Alpha Pyrenees Trust Limited ALPH Highwoods Properties, Inc. -
Active Global Real Estate Securities Manager (August 11, 2021, Regular Retirement Board Meeting)
Item No. 10: Annual Presentation by Dimensional Fund Advisors – Active Global Real Estate Securities Manager (August 11, 2021, Regular Retirement Board Meeting) INVESTMENT MANAGER SUMMARY MANAGEMENT Firm Name Dimensional Fund Advisors (DFA) Manager Tenure with Fund 8.5 Years Investment Strategy/Vehicle Global Real Estate Securities Contract Expiration 2/28/2022 ASSETS Total Firm AUM $ 660.0 Billion Total Firm Assets in Strategy $ 11.0 Billion RP - $ 33.0 Million Total Assets Managed for the Plan HP - $ 8.3 Million As of 06/30/2021 PERFORMANCE As of 06/30/2021 1-Year 3-Year 5-Year ITD¹ DFA Global Real Estate (gross) 32.76% 9.95% 6.76% 7.75% DFA Global Real Estate (net) 32.45% 9.69% 6.51% 7.46% FTSE EPRA/NAREIT Developed Index 34.83% 7.39% 5.97% 6.38% Difference (net) -2.38% 2.30% 0.53% 1.08% ¹ Inception to date 03/31/2013 FEES Current Fee 0.24% Net Expense Ratio WATCH STATUS N/A PREVIOUSLY DISCLOSED LITIGATION N/A 10 Los Angeles Water and Power Employees’ Retirement Plan August 11, 2021 Ted Simpson, CFA, Regional Director and Vice President Patrick Brown, CFA, Portfolio Manager This information is provided for registered investment advisors and institutional investors and is not intended for public use. This information is not meant to constitute investment advice, a recommendation of any securities product or investment strategy (including account type), or an offer of any services or products for sale, nor is it intended to provide a sufficient basis on which to make an investment decision.