Carefully consider investment objectives and expenses before investing. Investing involves risk, including possible loss of principal.

Capitalistpig, LLC offers investment advisory services offered through Quartz Partners Investment Management an SEC registered investment advisor located at 19 Railroad Place Suite 202 Saratoga Springs, NY 12866. Capitalistpig, LLC is not an affiliate of Quartz Partners Investment Management. This material is educational in nature and should not be deemed as a solicitation of any specific product or service. All investments involve risk and a potential loss of principal. Quartz Partners Investment Management does not offer tax and legal advice. Please consult with a tax advisor or attorney for advice regarding the impact on your portfolio. Registration does not imply a certain level of skill or training. The opinions and views expressed here are for informational purposes only. Please consult with your tax and/or legal advisor for such guidance. You can learn more about Jonathan Hoenig and Quartz Partners Investment Management at www.adviserinfo.sec.gov.

Investment Advisory Services offered by "Etico Private Wealth," a DBA of Quartz Partners, LLC, a U.S. Securities and Exchange Commission ("SEC") registered investment adviser. Use of the term “registered investment adviser” or being “registered” with the SEC, any state securities authority, or self-regulatory organization does not imply a certain level of skill or training but only indicates that our firm has registered our business with state and federal regulatory authorities. Learn more by searching at adviserinfo.sec.gov. Read important disclosures at www.eticofinancial.com/disclosures.

The S&P 500 Index is a market capitalization-weighted index of 500 widely held stocks often used as a proxy for the stock market. It is the most widely used benchmark for U.S. stock funds and portfolios.