Terms of Service

The Terms of Service set forth below (sometimes referred to as the "Terms" or the "Agreement") are the terms and conditions that are applicable to your access and use of each of the web pages contained in all the web sites owned, operated or controlled by JaaFal, Inc. or any of its subsidiaries or affiliates (unless otherwise indicated, collectively referred to as "JaaFal" or "we", "us" or the like). All such web pages and web sites will be collectively referred to in these Terms as the "Web Site." Additional terms and conditions may apply to particular areas of the Web Site or to particular products or services offered by or through JaaFal or the Web Site where expressly indicated.

READ THESE TERMS CAREFULLY PRIOR TO ACCESSING OR USING THE WEB SITE. You acknowledge and agree that the Pennsylvania Electronic Transactions Act ("PETA") applies to the transactions conducted on or through the Web Site and that you and JaaFal may conduct any transactions contemplated herein by electronic means. This means that you expressly agree to receive communications and disclosures from JaaFal via electronic mail, the Web Site or other electronic means. By accessing or using the Web Site, you are accepting the Terms and agreeing to be legally bound by them, including our Privacy Policy. If you do not agree to be legally bound by the Terms, you are not permitted to access or use the Web Site. JaaFal reserves the right to modify, change, add or remove any or all of the Terms (including the Privacy Policy and any other terms or conditions relating to the Web Site) at any time in its sole discretion, so please check periodically for changes. Your continued access and use of the Web Site after JaaFal posts any such changes will signify your acceptance of the changes.

Please carefully review the following Terms.

Restrictions on Use of Materials and Access to Web Site
Relationship of JaaFal, Inc. and JaaFal Advisors, Inc.
Mutual Fund Information
Disclaimer of Warranties and Limitation of Liability
Links to Third Party Web Sites
Governing Law and Jurisdiction
Not Legal or Tax Advice
Your Account
Termination

1. Restrictions on Use of Materials and Access to Web Site.

Unless otherwise noted, all content, data, information and materials available on the Web Site, including without limitation, images, illustrations, designs, icons, photographs, video and audio clips, text and any other content, data, information or materials (collectively, the "Materials"), are owned by or proprietary to JaaFal or its licensors and are protected by applicable copyright, trademark, service mark, trade dress, patent, trade secret and other available intellectual and proprietary right laws. JaaFal grants you a single, non-exclusive, non-transferable and limited personal license to access and use the Materials. This license is conditioned on your continued compliance with the Terms. Except as expressly authorized in writing by JaaFal, you agree not to sell, license, rent, modify, distribute, copy, reproduce, transmit, publicly display, publicly perform, publish, adapt, edit, compile or create derivative works from the Materials. You may, however, download one copy of the Materials on any single computer for your own personal use or for the internal use of your employer or business only, provided that you retain all copyright and other proprietary designators in the Materials intact. You may not systematically retrieve any Materials to directly or indirectly compile or create a collection, compilation, database or directory, without JaaFal's prior written consent. Except with respect to commercially available applications commonly known as "web browser" software, you agree not to use any software, program, application or other device to access or log on to the Web Site, or to automate the process of obtaining, downloading, transferring or transmitting any Materials, without JaaFal's prior written consent.

JaaFal reserves all rights to the Materials, and any other use of the Materials for any purpose not expressly granted in the Terms or any other applicable written agreement between JaaFal and you is expressly prohibited.

All information, data, analysis and opinions provided by Morningstar Associates, LLC contained in or accessible through the Web Site: (a) are owned by Morningstar Associates, LLC, and Morningstar, Inc., respectively, including all copyrights therein; (b) include confidential and proprietary information of Morningstar Associates, LLC, and, pursuant to a licensing agreement, Morningstar, Inc.; (c) may not be copied or redistributed for any purpose; (d) are provided solely for informational purposes; (e) are not warranted or represented to be correct, complete, accurate or timely; and (f) are intended for U.S. residents only. Past performance is not a guarantee of future results. Neither Morningstar Associates, LLC nor Morningstar, Inc., is affiliated with JaaFal.

2. Relationship of JaaFal, Inc. and JaaFal Advisors, Inc.

JaaFal Advisors, Inc. is the wholly-owned subsidiary of JaaFal, Inc., and is registered with the U.S. Securities and Exchange Commission ("SEC") as an Investment Adviser under the Investment Advisers Act of 1940. Furthermore, JaaFal Advisors, Inc. has also made certain filings with applicable state agencies with respect to its investment advice activities, and JaaFal Advisors, Inc. is eligible to provide investment advice in all 50 U.S. states, the District of Columbia and Puerto Rico. Investment advice may be provided to you by JaaFal Advisors, Inc. or a third party service provider. JaaFal Advisors, Inc. or a third party service provider may provide you investment advice only if you and JaaFal Advisors, Inc. or such third party service provider, respectively, have entered into a separate written agreement relating to such advice. Otherwise, in no event does JaaFal, Inc. or any of its subsidiaries, affiliates or third party service providers offer or provide any investment advice to you, or to any other particular investor, with respect to the suitability of any investment. Neither JaaFal Advisors, Inc. nor any of its subsidiaries, affiliates or third party service providers offers or provides advice to anyone residing or based outside the United States. Not all securities products or services referred to in the Web Site are available in all countries, and nothing in this Web Site constitutes an offer to sell or a solicitation of an offer to purchase any securities products or services in any jurisdiction where their offer, solicitation or sale is not qualified or exempt from registration under applicable securities laws.

3. Mutual Fund Information.

The services and products described on the Web Site are intended to be made available only to persons and/or entities in the United States and any information contained herein is directed only to such persons and/or entities. Nothing on the Web Site constitutes an offer to sell or solicitation of an offer to purchase any securities products or services in any jurisdiction where their offer, solicitation or sale is not qualified or exempt from registration under applicable securities laws. Due to the nature of the Internet, JaaFal cannot guarantee the accuracy of the information contained on the Web Site, information provided via the Web Site, or its/their suitability for any purpose. It is very important to remember that the planners on the Site, such as InvestRight, represent hypothetical planning tools and are not substitutes for the advice of a qualified legal, accounting or investment advisor. Talk to your investment professional to review in more depth your specific situation and confirm the results of the calculations.

The historical or past performance of any mutual fund does not guarantee or indicate that the same or similar results will occur in the future. Net asset value, principal value, share prices and investment returns fluctuate for many reasons, including those in connection with changes in market conditions, with changes in any individual mutual fund, or with changes in any security held by such a mutual fund. If you invest in mutual funds, your investment may be worth more or less than your original cost when you redeem your shares.

Before you invest in any mutual fund, request a copy of the mutual fund's prospectus and review it carefully to make sure that the mutual fund is appropriate for your goals and risk tolerance. Do not rely solely on the Materials available on the Web Site in making your decision. The mutual fund's prospectus contains information on a fund's objectives and strategies, risks and expenses. The prospectus is prepared and provided by the particular mutual fund, and neither JaaFal nor any of its suppliers (other than the parties responsible for preparing the prospectus) is responsible for the content or accuracy of the prospectus.

Please bear in mind that some mutual funds invest in international securities, which can involve different risks than U.S. investments. Some of these risks include political and economic instability, changing currency exchange rates, foreign taxes and differences in financial accounting standards. Please also bear in mind that some mutual funds focus their investments in narrow sectors, such as technology, small cap or emerging growth companies or real estate investment trusts, and may therefore experience higher volatility than more diversified funds. You should consider the possible effects of these risks prior to investing in these types of funds.

If you participate in periodic or systematic investing (also known as dollar cost averaging), please be aware that although there are benefits to such an investment strategy, this method does not assure a profit and does not protect against loss in a declining market.

It is possible that JaaFal, its subsidiaries and/or affiliates, and/or the directors, officers, employees, contractors or agents of any of them, may have positions in securities referenced in the Materials, buy or sell such securities to or from customers or other third parties as principal or agent, or have relationships with or provide services to or for, or solicit such services from, any company mentioned in the Materials.

4. Disclaimer of Warranties and Limitation of Liability.

The Web Site, the Materials and any products or services available on or accessible through the Web Site are provided "as is," and neither JaaFal nor any of its subsidiaries, affiliates or suppliers makes any representations or warranties with respect to the accuracy, completeness, timeliness, or correct sequencing thereof, or the results of using any of the foregoing. JaaFal specifically disclaims any other warranty, express, implied or statutory, including any warranty of merchantability or fitness for a particular purpose or warranty against infringement. The Materials have been prepared as of the date indicated and may become unreliable because of subsequent market or economic circumstances. Neither JaaFal nor any of its subsidiaries, affiliates or suppliers is under any obligation to update any Materials or opinions contained in any of the Materials or continue to offer any Materials regarding any company or security. Access to the Web Site, any of the Materials, and any products or services available on or accessible through the Web Site may be limited or unavailable at any time, including, without limitation, during periods of peak demand, system upgrades, malfunctions, or scheduled or unscheduled maintenance or for other reasons.

In no event will JaaFal, any of its subsidiaries, affiliates or suppliers or other persons transmitting the Materials be liable to you or anyone else for any consequential, incidental, special or indirect damages (including, but not limited to, lost profits, trading losses and damages that may result from the use of the Materials or from inconvenience, delay or loss of use of the Materials or for omissions or inaccuracies in the Materials or from loss or corruption of data or the cost of recovering any data) even if advised of the possibility of such damages and, as a condition to accessing such Materials, you expressly waive any claim you may have against JaaFal, any of its subsidiaries, affiliates or suppliers, or any other person arising out of your access or use of the Web Site, the Materials, and any products or services available on or accessible through the Web Site. Without limiting the applicability of the foregoing, you acknowledge and agree that in no event will the total aggregate liability of JaaFal for any claims, losses, or damages arising in connection with the Web Site, the Materials, and any products or services available on or accessible through the Web Site, whether arising in contract, tort or otherwise, exceed the total amount paid by you to JaaFal during the 12 month period immediately preceding the assertion of such claim.

Notwithstanding the foregoing, nothing in these terms should be construed as a waiver or limitation of any rights that you may have under applicable state or federal law.

5. Links to Third Party Web Sites.

As a courtesy to you and other visitors to the Web Site, JaaFal may provide hyperlinks or references to a variety of other web sites and resources. Solely by virtue of such hyperlinks or references, JaaFal is not making a sponsorship, referral or endorsement of or to the information or content contained in such hyperlinked sources or the entities that are responsible for such information. Furthermore, JaaFal is not stating or implying that it is affiliated with any such entity or that it or the entity hosting or providing such information or content is legally authorized to use any of the information or content, including, without limitation, any trademark, copyright or other intellectual property right on or that may be accessible through these hyperlinks. JaaFal is not responsible for the information or content of any hyperlinked third party web sites and does not make any representations regarding the content, accuracy or timeliness of such information or content.

6. Governing Law and Jurisdiction.

The Web Site (excluding any hyperlinked web sites of third parties) is controlled by JaaFal from its headquarters within the Commonwealth of Pennsylvania in the United States. Accordingly, by accessing the Web Site, you and JaaFal agree that the statutes and laws of the Commonwealth of Pennsylvania, including, specifically, the Pennsylvania Electronic Transactions Act, but excluding the conflicts of laws principles of that or any other jurisdiction, will apply to all matters relating to your use or access to the Web Site, the Materials or any products or services available on or through the Web Site (except those specifically subject to another written agreement).

Similarly, you and JaaFal also agree and hereby submit to the exclusive personal jurisdiction and venue of the state or federal courts situated in Allegheny County, Pennsylvania, with respect to your use or access to the Web Site, the Materials or any products or services available on or through the Web Site (except those specifically subject to another written agreement).

7. Not Legal or Tax Advice.

The Web Site and the Materials are not intended to, and do not, provide tax or legal advice. Neither JaaFal nor any of its suppliers assesses for you or any particular investor the suitability of any particular investment, absent an express written agreement indicating otherwise. JaaFal does not assess for you or any particular investor the potential value of any particular investment or the suitability of any source of or content in the Materials or any other information or data, absent an express written agreement indicating otherwise. Prior to making any investment decision or action, you are encouraged to consult with a professional with respect to possible tax and legal consequences.

8. Your Account

If you maintain an account that you access via this Web Site, you are solely responsible for maintaining the confidentiality of your account and password and for restricting access to your computer. You agree to accept responsibility for all activities occurring under your account or password that are due to your conduct, inaction or negligence.

9. Termination.

JaaFal reserves the right to terminate your use of and/or access to the Web Site and any or all of the Materials or any portion thereof without any liability to you and to take any other action JaaFal deems appropriate, in its sole discretion, for any reason whatsoever, including but not limited to: the unauthorized use of any account you may have with JaaFal, its subsidiaries or affiliates; breach of the Terms or any other agreement between you and JaaFal, its subsidiaries or affiliates; the discontinuance of or limitation on JaaFal's use of or access to any of the Materials; or termination or expiration of one or more of the agreements between JaaFal, its subsidiaries or affiliates and the supplier or provider of any Materials or other information, content or data.

Please refer to JaaFal's Legal Disclaimers, Privacy Policy, and Trademark Information for additional important legal information concerning the JaaFal Web Site and services.