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Ethica Research and its affiliates are not registered investment advisors, broker/dealers, or research analysts/organizations.

Readers are advised that the commentary and reports on the ethicafunds.com website and in its newsletters are issued solely for information purposes and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. The opinions and analyses included herein are based from sources believed to be reliable and written in good faith, but no representation or warranty, expressed or implied is made as to their accuracy, completeness or correctness.

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