Important Disclosures and Definitions

The charts included herein are provided for general educational purposes only, and they depict the growth of option trading and the potential for covered call strategies to increase yield and reduce risk, as demonstrated by the performance of a well-known covered call benchmark (the CBOE S&P 500 BuyWrite Index, or BXM). While Optic’s buy-write strategies are managed differently from the BXM, they also seek increased yield and reduced risk through the sale of covered calls. Investors should carefully study the specifics of the Optic strategies as provided in the full disclosures and investment documentation, available from Optic Asset Management, to understand how they differ from the benchmark and to determine if they are right for them prior to investing.

Options trading involves risks. Investors must review Characteristics and Risks of Standardized Options, also known as the Options Disclosure Document, which can be found at www.thheocc.com. Investors must be approved for options trading by the custodian prior to Optic Asset Management being able to implement an option strategy on their behalf. Options Trading has tax implications as profits and losses are treated as capital gains. Investors should consult a tax professional for advice on their specific tax situation. Past performance is not a guarantee of future results. All assets invested in an Optic strategy are subject to potential loss.

Index Descriptions

BXM Index: The CBOE S&P 500 BuyWrite IndexSM (”BXM”) is a benchmark index designed to track the performance a hypothetical buy-write strategy on the S&P 500 Index®. BXM is a total return index rebalanced monthly. Dividends paid on the component stocks and dollar value of option premium deemed received from the sold call options are functionally re-invested in the covered portfolio. It is not possible to invest directly in the BXM index. The BXM is referenced here because it is a well-known benchmark for buy/write strategies. Optic strategies are different from the BXM and will produce different results.

S&P 500 Total Return Index (”S&P 500 TR”): Widely regarded as the benchmark gauge of the U.S. equities market, this index includes a representative sample of 500 large-cap companies in leading industries of the U.S. economy. Although the S&P 500 focuses on the large-cap segment of the market, with over 80% coverage of U.S. equities, it also serves as a proxy for the total market. The total return calculation provides investors with a price plus gross cash dividend return. Gross cash dividends are applied on the ex-date of the dividend. Results reflect the reinvestment of dividends and capital gains. It is not possible to invest directly in the S&P 500 TR index.

Index results are provided for informational purposes and are not intended to represent the performance of any Optic portfolio. There are substantial differences between indices and client portfolios, including that indices are unmanaged and are not subject to advisory fees or transaction costs, including the often-material costs associated with option trades. It is not possible to invest directly in an index.

Definitions

Standard deviation: Standard deviation is a statistical measurement used to indicate relative volatility of an investment or strategy. The greater the standard deviation of securities, the greater the variance between each price and the average (mean). Generally, a more volatile stock or index has a higher standard deviation.