May 2025 IAC Video Update

Disclosures
The material contained in the commentary is for informational purposes only and is not intended to provide specific advice or recommendations for any individual nor does it take into account the particular investment objectives, financial situation or needs of individual investors. The information provided has been derived from the sources believed to be reliable, but is not guaranteed as to accuracy and does not purport to be complete analysis of the material discussed, nor does it constitute an offer or a solicitation of an offer to buy any securities, products or services mentioned. The opinions expressed do not necessarily reflect those of the author and are subject to change without notice. Investments in securities entail risk and are not suitable for all investors. This presentation is not a recommendation nor an offer to sell (or solicitation of an offer to buy) securities in the United States or in any other jurisdiction. References to indexes and benchmarks are hypothetical illustrations of aggregate returns and do not reflect the performance of any actual investment. Investors cannot invest in an index and do not reflect the deduction of the advisor’s fees or other trading expenses. There can be no assurance that investments will be profitable. Actual realized returns depend on, among other factors, the value of assets and market conditions at the time of disposition, any related transaction costs, and the timing of the purchase. Indexes and benchmarks may not directly correlate or only partially relate to a client’s or investor’s portfolio as they may have different underlying investments and use different strategies or have different objectives.
Past performance is not indicative of future results. This presentation contains forward-looking statements relating to the opportunities and the future performance of the U.S. market generally. Forward-looking statements may be identified by the use of such words as; “believe,” “expect,” “anticipate,” “should,” “estimated”, and other similar terms. Examples of forward-looking statements include estimates with respect to financial condition, and success or lack of success of any particular investment strategy. All are subject to various factors, including, economic conditions, changing levels of competition within certain industries and markets, changes in interest rates, changes in legislation or regulation, and other competitive, governmental, and technological factors affecting a portfolio’s operations that could cause actual results to differ materially from projected results. Such statements are forward-looking in nature and involve known and unknown risks. Actual results may differ materially from those reflected in forward-looking statements. Clients and prospective clients are cautioned not to place undue reliance on any forward-looking statements or examples. None of Koss Olinger’s or any of its affiliates or principals nor any other individual assumes any obligation to update forward-looking statements because of new information, subsequent events, or other circumstances. All statements made herein speak only as of the date that they were made. Advisory Services offered through Koss Olinger Consulting, LLC., an SEC Registered Investment Advisor. Registration with the SEC does not imply a level of professional competence, education or special training.