Quarterly Letters, Whitepapers and additional content (“Materials”) highlight Eagle Capital’s insights and market commentary. They are not investment advice, recommendations, or offers to buy or sell securities. The Materials reflect information available at the time of production and do not include updates or new viewpoints. They are for informational purposes only, do not contain the full set of analyses and should not be seen as a prediction of future performance. See additional disclosures below and in the Materials as applicable.

Each investment program is speculative and entails substantial risks, including the risk that the entire amount invested may be lost. Any performance data presented represents past performance, which is not indicative of future results. There is no assurance that any investment objective will be achieved. No guarantee or representation is made that any investment by Eagle Capital will be successful, and there is no assurance that any investments referenced were or will be profitable. The performance of any investment program can be volatile, and an investment program may become concentrated in any one issuer, industry, type of investment, strategy, country or geographic region, which could increase the likelihood of losses. For the performance of the Eagle Equity Strategy over the most recently available one-, five- and ten-year periods, please see here.