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Under no circumstances should any of the above information be used or considered as an offer to sell or a solicitation of an offer to buy any interest in any investment product sponsored or managed by Meritage Group LP or any of its affiliates. Any such offer or solicitation can and will be made only by means of the definitive documents relating to any such product, only in jurisdictions in which such an offer would be lawful and only to individuals who meet the investor suitability and sophistication requirements of each such product. Meritage Group LP has not been endorsed or recommended by the U.S. Securities and Exchange Commission or by the securities regulatory authority of any state or non-U.S. jurisdiction.

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