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Legal Information

The investment choices and services in this site are provided as general information only and are not intended to provide investment or other advice. Under no circumstances is the information contained herein to be used or considered as an offer to sell or a solicitation of an offer to buy a particular investment.

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.

Information provided is obtained from sources deemed to be reliable, but TD Ameritrade, Inc. and its affiliated companies do not guarantee the accuracy or completeness of the information or make any warranties with regard to the results to be obtained from its use. We suggest that you consult with your financial or tax advisor with regard to your individual situation.

Mutual Funds

More complete information about a fund, including management fees and expenses, is contained in the prospectus, which can be obtained by calling 1-800-431-3500. Please read the fund prospectus carefully before you invest or send money. Funds are neither FDIC-insured nor guaranteed by the U.S. Government and are not deposits or obligations of, or guaranteed by, any bank and are subject to market risk. This risk may cause the market value of the shares to fluctuate and the price you receive when the shares are sold may be higher or lower than when originally purchased.

Money Market Funds

Money market funds are neither FDIC-insured nor guaranteed by the U.S. Government and are not deposits or obligations of, or guaranteed by, any bank. There can be no assurance that these funds will be able to maintain a stable net asset value of $1 per share. Tax-Exempt Portfolios may be subject to the alternative minimum tax. More complete information about the money market funds, including management fees and expenses, is contained in the prospectus which can be obtained by calling 1-800-431-3500. Please read it carefully before you invest or send money.

Carefully consider the investment objectives, risks, charges and expenses before investing. A prospectus, obtained by calling 1-800-431-3500, contains this and other information about an investment company. Read carefully before investing.

An investment in money market funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the funds seek to preserve their value of your investment at $1 per share, it is possible to lose money by investing in the funds.

Last Update: 04/21/06

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Advisors have not received remuneration for participation in providing these testimonials. Advisor testimonials may not represent the experience of all advisors using TD Ameritrade brokerage services. The advisors mentioned are not affiliated with TD Ameritrade Institutional. More information about the advisors is available on the SEC website www.sec.gov. TD Ameritrade is not responsible for services or policies of any third party. TD Ameritrade does not recommend or endorse any advisor that utilizes its brokerage or custodial services. TD Ameritrade does not monitor, and is not responsible for, communications between advisors and their clients.

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