The performance numbers are comprised of all accounts held at TD Ameritrade which were funded and managed by T&T Capital Management beginning January 1st, 2012.No accounts funded after January 1st, 2012 are included in the above calculations. Performance information quoted above represents past performance and does not guarantee future results. The investment return and principal value of an account invested by T&T Capital Management will fluctuate so that when redeemed, the account may be worth more or less than their original cost. Current performance may be lower or higher than the performance information quoted above. Performance figures assume reinvestment of dividends and capital gains. Any questions you may have, including most recent month-end performance, can be answered by calling Account Services at 949-734-4290. The S&P 500 Index is a broad-based measurement of changes in the stock market, is used for comparative purposes only, and is not meant to be indicative of T&T Capital Management’s performance, asset composition or volatility. Given the wide scope of securities held by the S&P 500, it should be inherently less volatile. Our results may differ markedly from those of the S&P 500 in either up or down market trends. The performance of the S&P 500 is shown with all dividends reinvested into the index and does not reflect any reduction in performance for the effects of transaction costs or management fees. Investors cannot invest directly in an index. All T&T Capital Management fees are included in these calculations; calculations are net of all fees. Calculations are based on all accounts managed by T&T Capital Management at TD Ameritrade.