New Frontier Advisors LLC (“New Frontier”) is a federally registered investment adviser based in Boston, MA. The information discussed here is for information purposes only. Past performance does not guarantee future results. As market conditions fluctuate, the investment return and principal value of any investment will change. Diversification may not protect against market risk. There are risks involved with investing, including possible loss of principal. Before investing in any investment portfolio, the investor and Financial Advisor should carefully consider the investor’s investment objectives, time horizon, risk tolerance, and fees.

New Frontier is retained as a portfolio strategist ("Strategist") to provide model portfolios. Model portfolios are provided either (l) to registered investment advisors or broker-dealers ("Financial Advisors") through third-party asset management platforms ("Sponsors"), or (2) to individual clients where New Frontier acts as subadvisor to the client's Financial Advisor and accesses the client's account through a qualified custodian ("Custodian") to execute the model portfolio's transactions. New Frontier does not provide investment advisory services tailored to the individual needs and objectives of any investor. New Frontier acts solely as subadvisor, strategist, model provider, and/or model manager, and its relationship with any investor is limited to a subadvisory role working with the investor's Financial Advisor. Investors should consult with their Financial Advisor if they have any questions concerning the information provided here.

Performance shown is for New Frontier ETF Global Income (20/80) at Sponsors. Returns from inception on October 29, 2004, until July l, 2009 do not reflect the actual investment results of any individual investor, as investor-level data is not available for those periods. Therefore, these returns represent the performance of a hypothetical investor's account whose assets were managed in line with the model portfolio during that period, assuming the model portfolio's signals were promptly implemented. Actual investors' performance results for those periods would have varied based upon the timing of contributions and withdrawals from individual accounts. Since July l, 2009 when investor-level account data became available, performance results are a weighted average of actual investor returns in accounts following the model portfolio. Returns in excess of one year are annualized.

Performance shown is for New Frontier ETF Global Growth (90/10) at Sponsors. Returns from inception on October 29, 2004, until July l, 2009 do not reflect the actual investment results of any individual investor, as investor-level data is not available for those periods. Therefore, these returns represent the performance of a hypothetical investor's account whose assets were managed in line with the model portfolio during that period, assuming the model portfolio's signals were promptly implemented. Actual investors' performance results for those periods would have varied based upon the timing of contributions and withdrawals from individual accounts. Since July l, 2009 when investor-level account data became available, performance results are a weighted average of actual investor returns in accounts following the model portfolio. Returns in excess of one year are annualized.

New Frontier acquires gross of fees monthly composite performance data of the accounts invested in each model portfolio at each Sponsor and weights the returns according to each Sponsor's assets under management for that model. Some Sponsors provide insufficient performance information for New Frontier to include them in the weighted average. Each Sponsor sets the criteria for account exclusion and rules for return calculation on the account level. We consider our partner Sponsors to be reliable sources of information, but we are unable to warrant that the data will be complete or error-free as we do not have direct access to individual account data at any of our Sponsors. We also track our model portfolios using publicly available ETF prices as an outside check on Sponsor data.

In order to show net performance, we deduct estimated Strategist and Sponsor fees from the historical data provided by our Sponsors at the highest fee rate reflected by an account in the composite for that Sponsor. Fees are subtracted on a quarterly basis, so performance for less than one quarter may not show the full impact of fees. It does not include your Financial Advisor's fees or any trading or custodial fees applicable to your account. On one small platform, the custody fees are deducted since they are not separated from the Sponsor fee. The performance shown includes reinvestment of income, deductions for transaction costs, and rebalancing according to the Strategist's buy/sell signals. If gross performance is shown in addition to net performance, the reported gross performance excludes all of the above fees except underlying ETF and trading fees. At the time of publication, a majority of custodians are not charging a trading fee for domestic stock trades or ETF trades. The reported gross performance excludes all fees except the underlying ETF fees, and as such does not reflect the compounding effect of those fees. The deduction of advisory, custodial, and trading fees would lower historical performance as net performance does not reflect the compounding effect of those fees.