Mercadien Asset Management, LLC (“Mercadien”) is registered with the U.S. Securities and Exchange Commission (“SEC”) as an Investment Adviser under the U.S. Investment Advisers Act of 1940. Mercadien and its representatives are in compliance with the current filing requirements imposed upon SEC registered investment advisers by those states and/or territories (“states”) in which Mercadien maintains clients. For information pertaining to the registration status of Mercadien, please contact the SEC or the state securities law administrators for those states in which Mercadien maintains a notice filing.

Mercadien enters into a new client relationship only after it provides and obtains certain information. Mercadien will not provide any investment advice or supervision without a fully executed Investment Advisory Agreement. In addition, Mercadien may only transact business in those states or territories in which it is registered and in good standing or qualifies for an exemption from registration requirements or exclusion from the statutory definition of an “investment adviser.” Every prospective Mercadien client is provided with a copy of Mercadien’s written disclosure statement on Form ADV-Part II, including Schedule F thereof, and Privacy Policy. A copy of Mercadien’s current written disclosure statement discussing Mercadien’s business operations, services, and fees is available from Mercadien upon written request. You can also view our most recent Form ADV online by visiting the Investment Adviser Public Disclosure (IAPD) web site at

The USA PATRIOT Act, passed in response to the events of September 11, 2001, requires certain financial service providers to request specific information from clients. Accordingly, Mercadien acts to verify a potential client’s identity and makes a risk assessment of their financial and business activities.

The information provided on this web site is for informational purposes only and is not intended to solicit clients or provide any investment advice or service. Mercadien makes no representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information, whether linked from other sites to Mercadien’s web site or incorporated herein, and takes no responsibility therefor. The content of this web site offers general information only about Mercadien and is provided solely for convenience purposes only and all users thereof should be guided accordingly. Mercadien’s web site is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of Mercadien’s web site on the Internet should not be construed by any consumer and/or prospective client as Mercadien’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Any subsequent, direct communication by Mercadien with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption from registration or exclusion from the definition of “investment advisor representative” in the state where the prospective client resides.

Certain portions of Mercadien’s web site (i.e., newsletters, articles, commentaries, etc.) may contain a discussion of, and/or provide access to, Mercadien’s (and those of other investment and non-investment professionals) investment positions and/or recommendations as of a specific prior date. Due to various factors, including changing market conditions, such discussion may no longer be reflective of current position(s) and/or recommendation(s). Moreover, no client or prospective client should assume that any such discussion serves as the receipt of, or substitute for, personalized advice from Mercadien or from any other investment professional. Mercadien is neither a law firm nor accounting firm, and no portion of the web site content should be interpreted as legal, accounting or tax advice.

At certain places on this site, live “links” to other Internet addresses (whether of affiliated or nonaffiliated persons) may be accessed. Such external Internet addresses contain information created, published, maintained, and otherwise posted by institutions or organizations independent of Mercadien. Mercadien does not endorse, approve, certify, or control these external Internet addresses and does not guarantee or assume responsibility for the accuracy, completeness, efficacy, timeliness, or correct sequencing of information located at such addresses. Use of any information obtained from such addresses is voluntary, and reliance on it should only be undertaken after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference therein to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by Mercadien.

Nothing on this web site shall be construed as advice for any particular investment need or investor. All references regarding investment or portfolio returns are based on historical data. One should not assume that this performance will continue in the future as past performance or results are not an indication of future performance or results. Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future performance of any specific investment, investment strategy (including the investments and/or investment strategies recommended or undertaken by Mercadien) or product made reference to directly or indirectly by Mercadien in its web site, or indirectly via a link to an unaffiliated third party web site, will be profitable or equal the corresponding indicated performance level(s). Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client or prospective client’s investment portfolio. Historical performance results for investment indices and/or categories generally do not reflect the deduction of transaction and/or custodial charges, the deduction of an investment management fee, nor the impact of taxes, the incurrence of which would have the effect of decreasing historical performance results.

Included in this material are various “forward-looking statements”, including statements regarding the intent, opinion, belief or current expectations of Mercadien with respect to, among other things, (i) goals and strategies, (ii) new investments, (iii) marketing plans and Mercadien’s target market, (iv) evaluation of the securities markets, industry competition and competitive positions of prospective companies in which to invest, and (v) trends which may be expressed or implied by financial or other information or statements contained herein. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance and outcomes to be materially different from any future results, performance or outcomes expressed or implied by such forward-looking statements.

To the extent that any client or prospective client utilizes any economic calculator or similar device contained within or linked to Mercadien’s web site, the client and/or prospective client acknowledges and understands that the information resulting from the use of any such calculator/device, is not, and should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from Mercadien, or from any other investment professional.

As a registered investment adviser, Mercadien is required to adopt and enforce a code of ethics that establishes the standards of conduct expected of all employees and reflects our fiduciary duties. A copy of Mercadien’s Code of Ethics will be provided to any client or prospective client upon request.