Indices are unmanaged and investors cannot invest directly in an index. The Standard & Poor’s 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. It is a market value weighted index with each stock’s weight in the index proportionate to its market value. Diversification does not guarantee a profit or protect against a loss in a declining market. It is a method used to help manage investment risk. Investment advisory services offered through Tidal Creek Capital Advisors, a registered investment adviser. This site is published for residents of the United States only. Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered or exempt. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Not all of services referenced on this site are available in every state and through the advisor listed. For additional information, please contact Jonathan Boyd by phone at (843) 540-1149 or by e-mail at jb@tidalcreekinvestments.com.