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Important Risk Information.

Marketing Communication

Investing involves risk including the risk of loss of principal.

The information provided does not constitute investment advice and it should not be relied on as such.

This video is provided for informational purposes only and should not be considered investment advice or an offer for a particular security or securities. Views are subject to change at any time based upon market or other conditions and YCG disclaims any responsibility to update such views. These views should not be relied on as investment advice, and because investment decisions are based on numerous factors, may not be relied on as an indication of trading intent on behalf of YCG. Neither YCG nor the speaker can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Please consult your tax or financial advisor for additional information concerning your specific situation. This video cannot be used for commercial purposes.

The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without YCG’s express written consent.

For full details on our strategy and most recent performance, please visit www.ycginvestments.com