This material is not intended to be relied upon as a forecast, research, or investment advice, and is not a recommendation, offer, or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by Colonial Trust Advisors and Colonial Trust Company to be reliable, are not necessarily all-inclusive, and are not guaranteed as to accuracy. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader. Investment involves risks. INVESTMENTS THROUGH COLONIAL TRUST ADVISORS AND COLONIAL TRUST COMPANY ARE NOT FDIC INSURED, ARE SUBJECT TO RISK, MAY LOSE VALUE, AND ARE NOT BANK GUARANTEED. Colonial Trust Company and Colonial Trust Advisors are sister companies owned by Colonial Trust Group, Inc. Colonial Trust Company is regulated by the South Carolina Board of Financial Institutions. Colonial Trust Company provides fiduciary and investment management services to individuals and institutions. Colonial Trust Advisors, Inc. is a Registered Investment Advisor registered with the Securities and Exchange Commission and provides fee only investment management services to individuals and institutions.