Trend Fund LLC ("Trend Fund") is a New York corporation with offices located at 2576 Broadway #194, New York, New York 10025. Trend Fund provides training, educational, and market information services through its web site located at www.trendfund.com (the "Site"). Trend Fund is not registered as an investment adviser. Rather, Trend Fund relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. The Site is a bona fide publication of general and regular circulation offering impersonalized investment-related advice to subscribers and/or prospective subscribers (e.g., not tailored to the specific investment needs of current and/or prospective subscribers).

The Site is currently limited to the dissemination of impersonal investment-related information pertaining to Trend Fund's trend-based analyses (the "Service"), together with access to additional impersonal investment-related information and links. The publication of the Site on the Internet should not be construed by any subscriber and/or prospective subscriber as Trend Fund's solicitation to effect, or attempt to effect transactions in securities over the Internet. Trend Fund may receive a fee from an affiliated or unaffiliated service provider that it may recommend on the Site. While Trend Fund may review the products and services of any such recommended affiliated or unaffiliated service provider, subscribers and/or prospective subscribers are urged to determine for themselves whether any such recommended service provider is appropriate for his/her/its individual circumstances prior to the engagement thereof. Trend Fund 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 the Site or incorporated therein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

Subscribers to the Service do not receive investment reporting, investment supervisory or investment management services, nor the ongoing review or monitoring of the subscriber's individual investment portfolio. Therefore, no Service subscriber should assume that his/her/its participation in the Service serves as a substitute for ongoing individual personalized advice from an investment professional of the subscriber's choosing. Rather, the Service is designed solely to provide subscribers with a method to evaluate and obtain information on market analysis, current events, trade methodology, and other related information.

The Service subscriber maintains absolute discretion as to whether or not to follow any proposed Service recommendations or any portion thereof. Trend Fund does not offer or provide investment implementation services, nor does it offer or provide initial or ongoing individual personalized advice (neither in person nor via the Internet).

Past performance may not be indicative of future results. Therefore, no current or prospective subscriber should assume that the future performance of any specific investment, investment strategy (including the investments and/or investment strategies recommended or undertaken by the Service) or product made reference to directly or indirectly by Trend Fund on the Site, or indirectly via a link to an affiliated and/or unaffiliated third party web site, will be profitable or equal historical or anticipated performance level(s). Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment or investment strategy, including the recommendations and/or strategies of the Service, will be suitable and/or profitable for a subscriber's and/or prospective subscriber's investment portfolio.

Certain portions of the Site (i.e. newsletters, articles, commentaries, etc.) may contain a discussion of, and/or provide access to, Trend Fund's (and those of other investment and non-investment professionals) positions and/or recommendations as of a specific prior date. Due to various factors, including, but not limited to, changing market conditions, such discussion may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no subscriber or prospective subscriber should assume that any such discussion serves as the receipt of, or a substitute for, individual personalized advice from an investment professional of his/her/its choosing.

To the extent that any subscriber or prospective subscriber utilizes any economic calculator or similar device contained within or linked to the Site, the subscriber or prospective subscriber acknowledges and understands that the information resulting from the use of any such calculator/device should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, advice from Trend Fund, or from any other affiliated or unaffiliated investment professional linked to the Site.

Each subscriber or prospective subscriber acknowledges and accepts the limitations of the Service, and agrees, as a condition precedent to his/her/its access to the Site, to release and hold harmless Trend Fund, its officers, directors, owners, employees and agents from his/her/its subscription to the Service.