“Axioma Portfolio as enhanced with the Goldman Sachs Shortfall Model (“Shortfall Model”)
generates Shortfall estimates, and such Shortfall estimates may not be identical to
Shortfall estimates generated with the Shortfall Model in a different operating
environment. Such differences may arise due to processing requirements (e.g., portfolio
optimization requirements) of the operating environment. Please contact your Axioma
representative for further information.
The Shortfall Model produces information that is additional to, and compiled in a format
differing from, that required under applicable regulations to which regulated financial
institutions and broker-dealers are subject. Goldman, Sachs & Co. and/or its affiliates
(“GS”) have taken reasonable steps to ensure such information and/or formatting
(“Materials”), as provided to Axioma, Inc. for use in this product is accurate and
complete, but apprise the user that this information and/or formatting is being furnished
“AS IS” as a courtesy. GS DISCLAIMS ALL REPRESENTATIONS AND
WARRANTIES, EXPRESS OR IMPLIED, RELATING TO THE MATERIALS,
INCLUDING BUT NOT LIMITED TO, WARRANTIES OF MERCHANTABILITY,
FITNESS FOR A PARTICULAR PURPOSE, SECURITY AND NONINFRINGEMENT.
The Materials are not an official report and, as such, GS is not
responsible for any errors or omissions. GS does not represent that the Materials are
accurate, complete and/or current and does not accept liability for losses or damages
arising from use of this information and/or formatting. GS SHALL UNDER NO
CIRCUMSTANCES BE HELD LIABLE WHETHER IN CONTRACT, IN TORT,
UNDER ANY WARRANTY OR ANY OTHER THEORY OF LIABILITY, FOR ANY
INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE
DAMAGES, INCLUDING BUT NOT LIMITED TO, LOSS OF REVENUE, LOSS OF
PROFITS, LOSS OF OPPORTUNITY, BUSINESS DISRUPTION OR OTHER
PECUNIARY LOSS ARISING OUT OF THE USE OF OR INABILITY TO USE THE
MATERIALS, EVEN IF GS HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH
DAMAGES. In the event of any discrepancy between the Materials and the terms set
forth in any official confirmation or statement with respect to a particular transaction or
transactions, the terms of the official confirmation or statement shall govern.”
