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Evaluating the Night Effect Across Multiple Time Periods and Risk/Return Characteristics

NightVision adjusts date range to last market close.

This material prepared by NightShares is for informational purposes only.  It is not intended to serve as a substitute for personalized investment advice or as a recommendation or solicitation of any particular security, strategy or investment product.  Opinions expressed by NightShares are based on economic or market conditions at the time this material was written.  Economies and markets fluctuate.  Actual economic or market events may turn out differently than anticipated.  Facts presented have been obtained from sources believed to be reliable.  NightShares, however, cannot guarantee the accuracy or completeness of such information, and certain information may have been condensed or summarized from its original source.  Past performance is not an indicator of future results.