DISCLAIMER
This web site and the information, tools and material contained in it (this site) are not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would subject Smith Asset Management, Inc. or its affiliates (collectively Smith Asset Management, Inc.) to any registration or licensing requirement within such jurisdiction.
NO OFFER
The information, tools and material presented in this Site are provided to you for informational purposes only and are not to be used or considered as an offer to sell or solicitation of an offer to buy securities or other financial instruments, or any advice or recommendation with respect to such securities or other financial instruments. The Sites contents may not be reproduced in whole or in part or otherwise made available without the prior written consent of Smith Asset Management, Inc. Information and opinions presented in this Site have been obtained or derived from sources believed by Smith Asset Management, Inc. to be reliable, but Smith Asset Management, Inc. makes no representation as to their accuracy or completeness. Smith Asset Management, Inc. accepts no liability for any loss arising from the use of the material presented in this Site. In jurisdictions where Smith Asset Management, Inc. is not registered or licensed to trade in securities, commodities or other financial products, any trade will be made only in accordance with applicable legislation which will vary from jurisdiction to jurisdiction and may require that the trade be made in accordance with applicable exemptions from registration or licensing requirements.
Smith Asset Management, Inc. or its affiliates may, to the extent permitted by law, participate or invest in financing transactions with the issuer(s) of the securities referred to in this Site, perform services for or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereon Smith Asset Management, Inc. may, to the extent permitted by law, act upon or use the information or opinions presented herein, or the research or analysis on which they are based before the material is published. Additional information is available on request.
DISCLAIMER OF WARRANTIES
Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied is made regarding future performance. Opinions and estimates reflect a judgment at original date of publication by Smith Asset Management, Inc.. and are subject to change. The value and income of any of the securities or financial instruments mentioned in this Site can fall as well as rise. Foreign currency denominated securities and financial instruments are subject to fluctuations in exchange rates that may have a positive or adverse effect on the value, price or income of such securities or financial instruments.
This site is subject to periodic update and revision. Materials should only be considered current as of the date of the initial publication appearing thereon, without regard to the date on which you may access the information. Smith Asset Management, Inc. maintains the right to delete or modify information on this Site without prior notice.
Smith Asset Management, Inc., may have issued other reports that are inconsistent with, and reach different conclusions from, the information presented in this Site. Those reports reflect the different assumptions, views and analytical methods of the analysts who prepared them.
Smith Asset Management, Inc. HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESS, STATUTORY OR IMPLIED. REGARDING THE SITE, AND ANY RESULTS TO BE OBTAINED FROM THE USE OF THE SITE, INCLUDING BUT NOT LIMITED TO ALL WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR USE, AND ALL WARRANTIES ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING AND USAGE OF TRADE OR THEIR EQUIVALENTS UNDER THE LAWS OF ANY JURISDICTION. Smith Asset Management, Inc. DOES NOT WARRANT OR GUARANTEE THE ACCURACY, TIMELINESS, SUITABILITY, COMPLETENESS OR AVAILABILITY OF THIS SITE OR THE INFORMATION OR RESULTS OBTAINED FROM USE OF THIS SITE, OR THAT THIS SITE OR THE INFORMATION OR RESULTS WILL BE FREE FROM ERROR.
UNDER NO CIRCUMSTANCES AND UNDER NO THEORY OF LAW, TORT, CONTRACT, STRICT LIABILITY OR OTHERWISE, SHALL Smith Asset Management, Inc. BE LIABLE TO ANYONE FOR ANY DAMAGES RESULTING FROM ACCESS OR USE OF OR INABILITY TO ACCESS OR USE THIS SITE REGARDLESS OF WHETHER THEY ARE DIRECT, INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY CHARACTER, INCLUDING DAMAGES FOR TRADING LOSSES OR LOST PROFITS, OR FOR ANY CLAIM OR DEMAND BY ANY THIRD PARTY, EVEN IF SAM ADVISORS, LLC KNEW OR HAD REASON TO KNOW OF THE POSSIBILITY OF SUCH DAMAGES , CLAIM OR DEMAND.
DISTRIBUTION
The information, tools, and material presented in this Site are made available in the United States by Smith Asset Management, Inc..; and elsewhere in the world by an authorized affiliate.
Any U.S. customer wishing to effect a transaction should do so only by contacting a representative at Smith Asset Management, Inc..
Smith Asset Management, Inc. is the marketing name of Smith Asset Management, Inc.
COPYRIGHT AND TRADEMARK
All material presented at this Site, unless specifically indicated otherwise, is under copyright to Smith Asset Management, Inc.., its subsidiaries and affiliates. The material is freely down-loadable for browsing purposes only. None of the material, or its content, nor any copy of it, may be altered in any way, transmitted to, or distributed to any other party, without the express written permission of Smith Asset Management, Inc. All trademarks, service marks and logos used on this site are trademarks or service marks or registered trademarks or service marks of Smith Asset Management, Inc. or one of its affiliates or other entities.
LINKED SITES
Smith Asset Management, Inc. has not reviewed any of the web sites which link to this Site or to which this Site links, and is not responsible for the content of any other web sites or pages linked to or linking to this Site. Such links are provided solely for your convenience and information. Following links to any other web sites or pages shall be at your own risk.
This web site and the information, tools and material contained in it (this site) are not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would subject Smith Asset Management, Inc. or its affiliates (collectively Smith Asset Management, Inc.) to any registration or licensing requirement within such jurisdiction.
NO OFFER
The information, tools and material presented in this Site are provided to you for informational purposes only and are not to be used or considered as an offer to sell or solicitation of an offer to buy securities or other financial instruments, or any advice or recommendation with respect to such securities or other financial instruments. The Sites contents may not be reproduced in whole or in part or otherwise made available without the prior written consent of Smith Asset Management, Inc. Information and opinions presented in this Site have been obtained or derived from sources believed by Smith Asset Management, Inc. to be reliable, but Smith Asset Management, Inc. makes no representation as to their accuracy or completeness. Smith Asset Management, Inc. accepts no liability for any loss arising from the use of the material presented in this Site. In jurisdictions where Smith Asset Management, Inc. is not registered or licensed to trade in securities, commodities or other financial products, any trade will be made only in accordance with applicable legislation which will vary from jurisdiction to jurisdiction and may require that the trade be made in accordance with applicable exemptions from registration or licensing requirements.
Smith Asset Management, Inc. or its affiliates may, to the extent permitted by law, participate or invest in financing transactions with the issuer(s) of the securities referred to in this Site, perform services for or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereon Smith Asset Management, Inc. may, to the extent permitted by law, act upon or use the information or opinions presented herein, or the research or analysis on which they are based before the material is published. Additional information is available on request.
DISCLAIMER OF WARRANTIES
Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied is made regarding future performance. Opinions and estimates reflect a judgment at original date of publication by Smith Asset Management, Inc.. and are subject to change. The value and income of any of the securities or financial instruments mentioned in this Site can fall as well as rise. Foreign currency denominated securities and financial instruments are subject to fluctuations in exchange rates that may have a positive or adverse effect on the value, price or income of such securities or financial instruments.
This site is subject to periodic update and revision. Materials should only be considered current as of the date of the initial publication appearing thereon, without regard to the date on which you may access the information. Smith Asset Management, Inc. maintains the right to delete or modify information on this Site without prior notice.
Smith Asset Management, Inc., may have issued other reports that are inconsistent with, and reach different conclusions from, the information presented in this Site. Those reports reflect the different assumptions, views and analytical methods of the analysts who prepared them.
Smith Asset Management, Inc. HEREBY EXPRESSLY DISCLAIMS ALL WARRANTIES, EXPRESS, STATUTORY OR IMPLIED. REGARDING THE SITE, AND ANY RESULTS TO BE OBTAINED FROM THE USE OF THE SITE, INCLUDING BUT NOT LIMITED TO ALL WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE OR USE, AND ALL WARRANTIES ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING AND USAGE OF TRADE OR THEIR EQUIVALENTS UNDER THE LAWS OF ANY JURISDICTION. Smith Asset Management, Inc. DOES NOT WARRANT OR GUARANTEE THE ACCURACY, TIMELINESS, SUITABILITY, COMPLETENESS OR AVAILABILITY OF THIS SITE OR THE INFORMATION OR RESULTS OBTAINED FROM USE OF THIS SITE, OR THAT THIS SITE OR THE INFORMATION OR RESULTS WILL BE FREE FROM ERROR.
UNDER NO CIRCUMSTANCES AND UNDER NO THEORY OF LAW, TORT, CONTRACT, STRICT LIABILITY OR OTHERWISE, SHALL Smith Asset Management, Inc. BE LIABLE TO ANYONE FOR ANY DAMAGES RESULTING FROM ACCESS OR USE OF OR INABILITY TO ACCESS OR USE THIS SITE REGARDLESS OF WHETHER THEY ARE DIRECT, INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY CHARACTER, INCLUDING DAMAGES FOR TRADING LOSSES OR LOST PROFITS, OR FOR ANY CLAIM OR DEMAND BY ANY THIRD PARTY, EVEN IF SAM ADVISORS, LLC KNEW OR HAD REASON TO KNOW OF THE POSSIBILITY OF SUCH DAMAGES , CLAIM OR DEMAND.
DISTRIBUTION
The information, tools, and material presented in this Site are made available in the United States by Smith Asset Management, Inc..; and elsewhere in the world by an authorized affiliate.
Any U.S. customer wishing to effect a transaction should do so only by contacting a representative at Smith Asset Management, Inc..
Smith Asset Management, Inc. is the marketing name of Smith Asset Management, Inc.
COPYRIGHT AND TRADEMARK
All material presented at this Site, unless specifically indicated otherwise, is under copyright to Smith Asset Management, Inc.., its subsidiaries and affiliates. The material is freely down-loadable for browsing purposes only. None of the material, or its content, nor any copy of it, may be altered in any way, transmitted to, or distributed to any other party, without the express written permission of Smith Asset Management, Inc. All trademarks, service marks and logos used on this site are trademarks or service marks or registered trademarks or service marks of Smith Asset Management, Inc. or one of its affiliates or other entities.
LINKED SITES
Smith Asset Management, Inc. has not reviewed any of the web sites which link to this Site or to which this Site links, and is not responsible for the content of any other web sites or pages linked to or linking to this Site. Such links are provided solely for your convenience and information. Following links to any other web sites or pages shall be at your own risk.

