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If the user has any questions they should contact Valuentum at info@valuentum.com.

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Valuentum is not a money manager, is not a registered investment advisor, and does not offer brokerage or investment banking services. Valuentum has not received any compensation from companies highlighted on this website or in the Valuentum Exclusive publication. Valuentum, its employees, independent contractors and affiliates may have long, short or derivative positions in the securities mentioned on this website or in the Valuentum Exclusive publication.

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The information contained on this website and in the Valuentum Exclusive publication is not represented or warranted to be accurate, correct, complete, or timely. This website and the Valuentum Exclusive publication are for informational purposes only, and any content on it or downloaded from it, including any edition of the Valuentum Exclusive publication, should not be considered a solicitation to buy or sell any security. No warranty or guarantee may be created or extended by sales or promotional materials, whether by email or in any other format. The securities or strategies mentioned on this website and in the Valuentum Exclusive publication may not be suitable for all types of investors. The information contained on this website and in the Valuentum Exclusive publication does not constitute any advice, especially on the tax consequences of making any particular investment decision. The material on this website and in the Valuentum Exclusive publication is not intended for any specific type of investor and does not take into account an investor's particular investment objectives, financial situation or needs. Information and content on this website and in the Valuentum Exclusive publication is not intended as a recommendation of any securities highlighted or any particular investment strategy. Before acting on any information found on this website or downloaded from this website, including in any edition of the Valuentum Exclusive publication, readers should consider whether such information or any investment idea is suitable for their particular circumstances, perform their own due diligence, and if necessary, seek professional advice from a personal financial advisor.

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The sources of the data used on this website and in the Valuentum Exclusive publication are believed by Valuentum to be reliable, but the data’s accuracy, completeness or interpretation cannot be guaranteed. Assumptions, opinions, and estimates are based on Valuentum's judgment as of the date of the published articles and/or content and are subject to change without notice. Valuentum is not responsible for any errors or omissions or for results obtained from the use of this report and accepts no liability for how readers may choose to utilize the content. In no event shall Valuentum be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with any use of the information contained on this website or in the Valuentum Exclusive publication. Investors should consider content on this website as only a single factor in making their investment decision.

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Valuentum is not a money manager, is not a registered investment advisor, and does not offer brokerage or investment banking services. Valuentum has not received any compensation from any company or companies highlighted on this website or in the Valuentum Exclusive publication. Valuentum, its employees, independent contractors and affiliates may have long, short or derivative positions in the securities mentioned on this website or in the Valuentum Exclusive publication. Information and data in Valuentum’s valuation models and analysis may not capture all subjective, qualitative influences such as changes in management, business and political trends, or legal and regulatory developments. Redistribution of any content on this website or in the Valuentum Exclusive publication is prohibited without written permission. Readers should be aware that information in the works on this website may have changed between when the works were written or created and when they are read. There is risk of substantial loss associated with investing in financial instruments.

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While every attempt is made to ensure that information regarding the disclosure of ownership information of stocks by authors, independent contractors, and guest contributors is provided and accurate in the Valuentum Exclusive publication, no assurances or guarantees can be made. As with any information found on this website or in any newsletter, including the Valuentum Exclusive publication, or in any other format, any information provided by Valuentum via email or any other means, including by phone, does not constitute any financial advice. Do not seek personal financial advice from Valuentum, whether by email, on social media, by phone or in any correspondence, because it cannot and won't be provided.

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Valuentum may utilize third-party websites that include social media websites, blogs or other interactive content. Information provided by Valuentum on these sites is for informational and/or educational purposes only and is not, in any way, to be considered investment advice or a recommendation of any investment product or security. Information contained in any social-media posts by Valuentum has been obtained from sources believed to be reliable, but not guaranteed. No warranty or guarantee may be created or extended by sales or promotional materials on social media websites, blogs, other interactive content, or by any other means (including, but not limited to, email).

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Valuentum has no obligation to maintain or update the calculations of the simulated performance of ideas in the Valuentum Exclusive publication, or to continue to calculate the simulated performance of ideas found in any publication, newsletter, or format, including the Valuentum Exclusive publication. Neither Valuentum nor any other party involved in creating, producing or delivering the newsletters and simulated performance of ideas in any newsletter, including the Valuentum Exclusive publication, is liable for any damages, including legal costs and expenses, resulting from the calculations of the performance of the simulated ideas and/or portfolios. Simulated performance of the ideas on this website and in the Valuentum Exclusive publication, or in any other newsletter has not been externally audited, and while every effort has been made to ensure the accuracy of such calculations, no warranties or guarantees can be extended. Past simulated performance is not a guarantee of future results, and actual results may differ from simulated performance information provided. All investments involve a degree of risk, including the risk of loss.

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Valuentum's company-specific forecasts used in its discounted cash flow model are rules-based. These rules reflect the experience and opinions of Valuentum's analyst team. Historical data used in Valuentum's valuation model is provided by Xignite and from other publicly available sources including annual and quarterly regulatory filings. Stock price and volume data is provided by Xignite. No warranty is made regarding the accuracy of any data or any opinions. Valuentum's valuation model is based on sound academic principles, and other forecasts in the model such as inflation and the equity risk premium are based on long-term averages. The Valuentum proprietary automated text-generation system creates text that will vary by company and may often change for the same company upon subsequent updates. 

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Valuentum uses its own proprietary stock investment style and industry classification systems. Peer companies are selected based on the opinions of the Valuentum analyst team. Research reports and data are updated periodically, though Valuentum assumes no obligation to update its reports, opinions, or data following publication in any form or format. Performance assessment of Valuentum metrics, including the Valuentum Buying Index, is ongoing, and we intend to update investors periodically, though Valuentum assumes no obligation to do so. Not all information is available on all companies. There may be a lag before reports and data are updated for stock splits and stock dividends.

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The Best Ideas Newsletter portfolio, Dividend Growth Newsletter portfolio, and High Yield Dividend Newsletter portfolios are not real money portfolios. Any performance, including that in the Valuentum Exclusive publication, is hypothetical and does not represent actual trading. Past performance is not a guarantee of future results, and actual results may differ from simulated performance being presented on this website. Valuentum is an investment research publishing company. For general information about Valuentum's products and services, please contact us at info@valuentum.com.

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Amended June 1, 2021

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