Disclosures

Past performance is no guarantee of future results. A client’s actual account value will fluctuate and losses can occur. Past performance of benchmark indexes, mutual funds, actual portfolios, or composites of actual portfolios does not guarantee future results. No assurances or guarantees can be given or implied concerning future investment results for Auxan Capital Advisors or any investment index. Future returns may differ significantly from the past due to materially different economic and market conditions. Investments within portfolios involve risk and the possibility of loss, including a permanent loss of principal.

Actual returns for individual client portfolios managed by Auxan Capital Advisors, LLC may vary and do not necessarily coincide exactly with the returns for the performance group. Actual performance of client portfolios may differ materially due to the timing related to the actual deployment and investment of a client portfolio, length of time various positions are held, client objectives and restrictions, and fees and expenses incurred by the individual portfolio.

Portfolio performance shown is net of all fees and commissions and is the actual performance of specific accounts used to track the performance of each respective strategy. An advisory fee of 2% is used for “Aggressive” accounts, 1.7% on “Balanced” accounts, 1.6% on “Moderate” accounts, and 1.4% on “Conservative” accounts. Actual advisory fees may vary depending on a client’s account size or allocation.

The management of each portfolio is based upon Auxan Capital Advisors’ proprietary statistical models. Model portfolio performance is the result of retro-active application of our proprietary investment process, designed with the benefit of hindsight. Thus, the performance does not reflect any material market or economic factors which may have affected the actual performance of the model if Auxan had actually been managing the portfolio during the relevant time periods. Returns for various funds and time periods were recreated where the relevant ETF did not exist or data was incomplete. The performance calculations have not been audited by any third party.

S&P 500 Index: an index tracking the performance of the 500 stocks of the S&P 500. While not the 500 largest US companies, these are generally the 500 most widely held, making the S&P 500 an accepted proxy for the US stock market and its performance. The composition and market volatility of S&P 500 may differ materially from a client’s portfolio due to changes in allocation, including allocations to cash/money markets.