Not all products and services provided by each independent company are available at all locations or jurisdictions. The opinions and estimates herein expressed merely constitute our position and are subject to change without notice on our part. This information is not intended as an offer or solicitation for the purchase or sale of any financial instrument, nor should it be relied upon or be intended to provide any type of advice or recommendation in matters related to investment, legal, accounting or taxes. You should consult your tax or legal advisor about the issues discussed herein, and/or your Asset Management Executive, Portfolio Manager or another advisor, according to the specific matter.