The investment choices and services in this site are provided as general information only and are not intended to provide investment or other advice. This material is not to be construed as a recommendation or an offer to buy or sell or the solicitation of an offer to buy or sell any security, financial product or instrument or to participate in any particular trading strategy. Not all securities, products or services described are available in all countries, and nothing on this site constitutes an offer or solicitation of these securities, products or services in any jurisdiction where their offer or sale is not qualified or exempt from registration or otherwise legally permissible.

Although this material is based upon information that Sitka Pacific Capital Management considers reliable and endeavors to keep current, Sitka Pacific Capital Management does not assure that this material is accurate, current or complete, and it should not be relied upon as such.

The fact that Sitka Pacific Capital Management has made the investment choices and services provided herein available to the user does not constitute a representation that any product described herein is suitable or appropriate for the user. Many of the products described herein involve significant risks and the user should not enter into any transactions unless the user has fully understood all such risks and has independently determined that such transactions are appropriate for the user. The user should not construe any of the material contained herein as business, financial, investment, hedging, trading, legal, regulatory, tax or accounting advice and the user should not act on any information in this service without consulting its business advisor, attorney and tax and accounting advisors concerning any contemplated transactions.

Past results are not necessarily indicative of future results.

Historically broadly diversified portfolios have all produced gains and losses due to changes within the equity, interest rate, credit and currency markets. Additionally, gains and losses are impacted to varying degrees by investment acumen, public and private market volatility, corporate activity, securities selections, regulatory oversight, trading volume, money flows and governmental policies. These elements and/or their rate of change may not be present in the future, and thus future performance may be impacted.

No permission is granted to copy, redistribute, reproduce, republish, in any form, any information or image contained herein. Unauthorized downloading, re-transmission or other copying or modification of the contents of this website may be a violation of federal copyright laws and could subject the violator to legal action.

Last Revised: May 10, 2005

Our commitment to you: User data and contact information obtained by Sitka Pacific Capital Management will never be shared for commercial purposes.

If you have any questions concerning Sitka Pacific Capital Management's Privacy Policy, please visit our Comments page and send us a note. We'll be glad to help!

Protecting your personal information is an important priority for Sitka Pacific Capital Management, LLC.  The privacy policy stated below is designed to support this objective. We collect nonpublic personal information concerning you in the following ways:

• Information provided by you on applications, contracts or other forms furnished to Sitka Pacific Capital Management, or through other interactions that you have with Sitka Pacific Capital Management.
• Information provided to Sitka Pacific Capital Management, LLC. through its web site, www.sitkapacific.com.
• Information arising from your investments in accounts managed by Sitka Pacific Capital Management, LLC

We do not disclose any nonpublic personal information about our current or former clients to nonaffiliated third parties, except as permitted by law. For example, our attorneys, auditors, prime brokers, and custodians, in the ordinary course of providing their services to us, may require access to information containing your nonpublic personal information. In addition, we may disclose your nonpublic personal information to others with your written consent, where required by law or judicial process (such as a court order), or otherwise to the extent permitted under the federal privacy laws. We are permitted by law to disclose all of the information we collect, as described above, to the custodian banks of mutual funds, to process your transactions. Furthermore, we restrict access to your nonpublic personal information to those persons who require such information to provide products or services to you. We maintain physical, electronic and procedural safeguards that comply with federal standards to guard your nonpublic personal information.

Some services you receive from Sitka Pacific Capital Management, LLC are provided through our service providers, which include the custodian broker. All records containing your nonpublic personal information are maintained at the service providers' places of business.

In the event that you hold shares of mutual funds or other investments in accounts we manage on your behalf through a financial intermediary, such as a broker-dealer, bank or trust company, the privacy policy of the financial intermediary would govern how your nonpublic personal information would be shared with nonaffiliated third parties.