Disclosures:
  
New Age Alpha refers to the New Age Alpha separate but affiliated entities, generally, rather than to one particular entity. These entities are New Age Alpha LLC and New Age Alpha Advisors, LLC (“NAAA”). Investment advice is offered through NAAA a wholly owned subsidiary of New Age Alpha LLC. NAAA is an investment advisor registered with the U.S. Securities and Exchange Commission. NAAA located in the State of New York, only transacts business in those states in which it is properly registered or qualifies for an applicable exemption or exclusion from such state’s registration requirements.  

This presentation is provided by NAAA for informational purposes as of the date noted only and may not be reproduced, distributed or published without the written consent of New Age Alpha LLC. Additional information about New Age Alpha LLC and NAAA may be found at www.newagealpha.com. This presentation is not intended to provide legal, accounting, tax, investment, financial or other advice and such information should not be relied upon for providing such advice. New Age Alpha takes reasonable steps to provide up-to-date, accurate and reliable information, and believes the information to be so when provided. Past performance is no guarantee of future results. Interest rates, market conditions, tax rulings and other investment factors are subject to rapid change which may materially impact analysis that is included in this presentation and document. You should consult with your advisor before taking any action based upon the information contained in this document and presentation.  

Any investment and economic outlook information contained in this presentation and report has been compiled by New Age Alpha from various sources. Information obtained from third parties is believed to be reliable, but no representation or warranty, express or implied, is made by New Age Alpha, its affiliates or any other person as to its accuracy, completeness or correctness. New Age Alpha assumes no responsibility for any errors or omissions.  
  
All opinions and estimates contained in this report constitute New Age Alpha’s judgment as of the indicated date of the information, are subject to change without notice and are provided in good faith but without legal responsibility.  

This report may contain forward-looking statements about future performance, strategies or prospects, and possible future action. The words "may," "could," "should," "would," "suspect," "outlook," "believe," "plan," "anticipate," "estimate," "expect," "intend," "forecast," "objective" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are not guarantees of future performance. Forward-looking statements involve inherent risks and uncertainties about general economic factors, so it is possible that predictions, forecasts, projections and other forward-looking statements will not be achieved. We caution you not to place undue reliance on these statements. All opinions contained in forward-looking statements are subject to change without notice and are provided in good faith but without legal responsibility. 
 
© New Age Alpha LLC, 2021