*This information is not a recommendation, or an offer to sell, or a solicitation of any offer to buy, an interest in any security, including an interest in any investment vehicle managed or advised by affiliates of Boyar’s Intrinsic Value Research (“Boyar”). Past performance does not guarantee future results. This material is as of the date indicated, is not complete, and is subject to change. Additional information is available upon request. No representation is made with respect to the accuracy, completeness or timeliness of information and Boyar assumes no obligation to update or revise such information.
*Nothing in this email should be construed as investment advice of any kind. Consult your financial adviser before making any investment decisions. Any opinions expressed herein represent current opinions only and no representation is made with respect to the accuracy, completeness or timeliness of information, and Boyar Intrinsic Value Research and its affiliates assumes no obligation to update or revise such information. You should not assume that any investment discussed herein will be profitable or that any investment decisions in the future will be profitable. Past performance does not guarantee future results. Certain information has been provided by and/or is based on third party sources and, although believed to be reliable, has not been independently verified and Boyar’s Intrinsic Value Research LLC or any of its affiliates is not responsible for third-party errors. This information is not a recommendation, or an offer to sell, or a solicitation of any offer to buy, an interest in any security, including an interest in any investment vehicle managed or advised by affiliates of Boyar Research. Any information that may be considered advice concerning a federal tax issue is not intended to be used, and cannot be used, for the purposes of (i) avoiding penalties imposed under the United States Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter discussed herein. The starting date of the calculation was April 15th (the date the report was priced), and the ending date was April 15,2021 for the one-year calculation and April 15, 2022 for the two year calculation. No transaction or management fees were taken into account in this calculation. All stocks were equally weighted when calculating the results. Results include all special dividends and spinouts. Spinoffs such as MTCH, VMEO and QRTEP were calculated as if an investor held the spinoff entity from the date of the spinout to the one-year anniversary/two year anniversary from the pricing date. The returns do not include dividends for the benchmark or the stocks profiled.