Research Disclosures

Kokua Capital Management, LLC (“Kokua”) is a registered investment adviser which provides discretionary investment management services tailored to the specific needs and circumstances of each client, and the recommendations and opinions in this document are not tailored to these individual situations.

The views presented in this research piece represent our opinions only. While they represent our views at the time of publication, our views may subsequently change and we are under no obligation to inform you of these changes.

All investing involves risk; Please contact your financial advisor with questions about your specific financial situation and carefully consider the investment objectives, risks, and expenses of our strategies before investing. There can be no assurance that our investment strategies will be profitable or meet their desired objectives.

Some content in this document may contain forward-looking statements or forecasts which are based on our current views and assumptions.  Actual events could differ substantially from those expressed in these statements. In addition to statements which imply future expectation through their context, the words “may, will, should, expects, plans, intends, anticipates, believes, estimates, predicts, potential, or continue” and similar expressions constitute forward-looking statements.

The information contained in this document is intended for informational purposes only and is not an offering, recommendation, or solicitation to buy or sell securities. This document does not provide tax advice. All information contained herein is from sources deemed to be reliable, but we do not warrant the accuracy or completeness of such information. Kokua does not provide legal or tax advice; please consult your legal or accounting professional with questions regarding your tax situation.