Disclosures

Podcasts are for informational purposes only. This channel is not monitored by Raymond James Investment Management. Please visit marketsinfocuspodcasts.com for additional disclosure. This material is a general communication being provided for information purposes only. It is educational in nature and not designed to be taken as advice or a recommendation for any specific investment, product, strategy, plan, feature, or other purpose in any jurisdiction. Nor is it a commitment from Raymond James Investment Management or any of its affiliates to participate in any of the transactions mentioned herein. Any examples used are generic, hypothetical, and for illustration purposes only. This material does not contain sufficient information to support an investment decision, and you should not rely on it in evaluating the merits of investing in any securities or products. In addition, users should make an independent assessment of the legal, regulatory, tax, credit, and accounting implications and make their own determinations together with their own professionals in those fields.

Any examples used are generic, hypothetical, and for illustration purposes only. This material does not contain sufficient information to support an investment decision. And you should not rely on it in evaluating the merits of investing in any securities or products. In addition, users should make an independent assessment of the legal, regulatory, tax, credit, and accounting implications and make their own determinations together with their own professionals in those fields.

Any forecast figures, opinions or investment techniques and strategies set out are for information purposes only, based on certain assumptions and current market conditions, under subject to change without prior notice. All information presented herein is considered to be accurate at the time of production. But no warranty of accuracy is given and no liability in respect of any error or emission is accepted.

It should be noted that investment involves risks. The value of investments and the income from them may fluctuate in accordance with market conditions and taxation agreements, and investors may not get back the full amount invested. Both past performance and yield are not reliable indicators of current and future results. Past performance does not guarantee or indicate future results. There is no guarantee that these investment strategies will work under all market conditions and each investor should evaluate their ability to invest for the long term, especially during periods of downturn in the market. Investing involves risk and may incur a profit or loss. Investment returns and principle value will fluctuate so that an investor's portfolio when redeemed, may be worth more or less than their original cost. Diversification does not ensure a profit or guarantee against loss.

M-962855 Exp. 12/31/2026