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DISCLAIMER: This material is strictly meant for private circulation and not for public distribution and is being furnished by WERT Finserve (WF) strictly on a confidential basis. This material and communication is for the personal information of the Authorized Recipient and WF will not treat recipients as clients by virtue of their receiving this material. It shall not be photocopied, reproduced or distributed to other person(s) at any time in any form without prior written consent of WF. This material or communication does not solicit any action based on the material contained herein. It does not constitute a personal recommendation or take into account the particular investment objectives, financial situation/ circumstances and the particular needs of any specific person who may receive this material. The product/ strategy/ data discussed in the material may not be suitable for all the investors. Further, this information also does not construe any investment, legal, or tax advice to the recipient. This material does not constitute, nor should it be regarded as, an offer, invitation, inducement, solicitation or advertisement with respect to any other investment or business opportunity of any Company and/or its affiliates. The views presented may not be sufficient and should not be used independently for the development or implementation of an investment strategy. The views should not be construed as investment advice. All opinions and estimates included here constitute our view as of this time and are subject to change without notice.