BNY Mellon acts as depositary or trustee for the HOLDRS products. HOLDRS represent deposited shares of stock issued by a specified group of companies involved in a particular industry sector or investment grouping. These companies have been selected by Merrill Lynch based upon market capitalization and trading volume.
HOLDRS are designed to allow investors to diversify their investment in a particular industry sector or investment group through a single, exchange-listed instrument.
HOLDRS can be unbundled, allowing investors to receive the underlying securities represented by the HOLDRS.
The expenses associated with trading HOLDRS are expected to be less than trading each of the underlying securities separately.
HOLDRSSM is a service mark of Merrill Lynch.
This information and data is provided for general informational purposes only. The Bank of New York Mellon and our information suppliers do not warrant or guarantee the accuracy or completeness of this information or data. We provide no advice nor recommendation or endorsement with respect to any company or securities. We do not undertake any obligation to update or amend this information or data. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.
NOT FDIC, STATE OR FEDERAL AGENCY INSURED
MAY LOSE VALUE
NO BANK, STATE OR FEDERAL AGENCY GUARANTEE