DISCLAIMER and DISCLOSURE

NOTHING ON THIS SITE SHOULD BE CONSIDERED TO BE INVESTMENT ADVICE. SECTOR FUNDS, INDEX LINKED MUTUAL FUNDS, AND ALL EQUITY INVESTMENTS CARRY A DEGREE OF RISK THAT SHOULD BE EVALUATED BY EACH INVESTOR BEFORE MAKING ANY INVESTMENTS.

• Trades will not be posted until at least two days after they are signaled by the Selects Switching System. Trades are usually signaled for Monday execution.
• There is no promise to keep the list of trades and signals current.
• MDP Associates or its clients may have executed the trades shown here prior to the trades being posted.
• MDP Associates receives no direct or indirect compensation from Fidelity Investments, Rydex, or any of the mutual fund families discussed on this site.
• There can be no assurance that any of the investment objectives of the managed account programs discussed herein will be achieved. You should not assume that any specific investment performance or rate of return shown on this site will be achieved in the future. It is possible that participants in these programs will lose money.

IMPORTANT CONSUMER INFORMATION

1. An investment advisor (IA) or IA representative (IAR) may only transact business in a particular state after licensure or satisfying qualifications requirements of that state, or only if they are excluded or exempted from the state's IA or IAR requirements, as the case may be; and
2. Follow-up, individualized responses to consumers in a particular state by IA or IAR that involve either the effecting or attempting to effect transactions in securities or the rendering of personalized investment advice for compensation, as the case may be, shall not be made without first complying with the state's IA or IAR requirements, or pursuant to an applicable state or federal exemption or exclusion.
3. For information concerning the licensure status or disciplinary history of an IA or IAR, a consumer should contact his or her state securities law administrator.

MDP Associates is licensed in Virginia, its home state, and some other states. (Legislation passed by Congress in 1997 precludes registration with the SEC because of the amount of assets currently under management.) MDP Associates is eligible to have clients in any state due to either being licensed by the state or being exempted under state or federal laws. New clients are currently being accepted from all states and DC.

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