Important Disclosure Information

The Investment Counsel Company of Nevada (“Company”) is an SEC registered investment adviser located in Las Vegas, Nevada. Company may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Company’s web site is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of Company’s web site on the Internet should not be construed by any consumer and/or prospective client as Company’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Any subsequent, direct communication by Company with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. A copy of Company’s current written disclosure Brochure discussing Company’s business operations, services, and fees is available from Company upon written request. Company does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Company web site or incorporated herein, and takes no responsibility therefore. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

Please remember that different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment or investment strategy (including those undertaken or recommended by Company), will be profitable or equal any historical performance level(s).

Certain portions of Company’s web site (i.e. newsletters, articles, commentaries, etc.) may contain a discussion of, and/or provide access to, Company (and those of other investment and non-investment professionals) positions and/or recommendations as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from Company, or from any other investment professional. Company is neither an attorney nor an accountant, and no portion of the web site content should be interpreted as legal, accounting or tax advice.

Please Note: Limitations: Neither rankings nor recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that the client will experience a certain level of results if the investment professional or the investment professional’s firm is engaged, or continues to be engaged, to provide investment advisory services. A fee was not paid by either the investment professional or the investment professional’s firm to receive the ranking. The ranking is based upon specific criteria and methodology (see ranking criteria/methodology below). No ranking or recognition should be construed as an endorsement by any past or current client of the investment professional or the investment professional’s firm.

ANY QUESTIONS: The Investment Counsel Company of Nevada’s Chief Compliance Officer remains available to address any questions regarding rankings and/or recognitions, including the criteria used for any reflected ranking.

Additional Important Disclosure Information

Past performance may not be indicative of future results. Different types of investments involve varying degrees of risk. Therefore, it should not be assumed that future performance of any specific investment or investment strategy, including those recommended by The Investment Counsel Company (ICC), will be profitable or equal the corresponding indicated historical performance. Account information has been compiled solely by ICC, has not been independently verified and does not reflect the impact of taxes on non-qualified accounts. In preparing this report, ICC has relied upon information provided by the account custodian. Market values for alternative investments owned, if any, reflect the most recent available data. Please defer to formal tax documents received from the account custodian for tax reporting purposes.

Unless otherwise noted, performance information contained in this report reflects the effects of all changes in principal, including income, net of transaction fees, ICC’s investment management fee and other related account expenses. Two methods of measuring performance are presented.

Net Time Weighted Returns (TWR) is defined as the compounded growth rate of $1 over the period being measured (net of fees).

Net Dollar Weighted or Internal Rate of Return (IRR) takes into consideration the value of cash outflows and inflows (net of fees).

Historical performance results for investment indices and/or categories have been provided for general comparison purposes only and generally do not reflect the deduction of transaction and custodial charges, deduction of investment management fees, nor the impact of taxes, the incurrence of which would have the effect of decreasing historical performance results for the index/benchmark. It should not be assumed that your account holdings correspond directly to any comparative indices/benchmarks presented.

Please Note: Private/Alternative Investment Funds – The value(s) for all private investment funds owned by the client shall reflect the most recent valuation provided by the fund sponsor.  If no subsequent valuation post-purchase is provided by the Fund Sponsor, then the valuation shall reflect the initial purchase price (and/or a value as of a previous date), or the current value(s) (either the initial purchase price and/or the most recent valuation provided by the fund sponsor).  If the valuation reflections initial purchase price (and/or a value as of a previous date), the current value(s) (to the extent ascertainable) could be significantly more or less than original purchase price.  The client’s advisory fee shall be based upon reflected fund value(s).