Investment products provided by Merrill Lynch, Pierce, Fenner & Smith Incorporated are not FDIC insured, are not bank guaranteed, may lose value, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity.

Merrill Lynch, Pierce, Fenner and Smith Incorporated (MLPF&S) is a registered broker-dealer, member of the SIPC, and a wholly owned subsidiary of Bank of America Corporation.