IMPORTANT Please be aware that all investing carries inherent risks, and there is a possibility of losing your principal investment. Market fluctuations and various factors can lead to declines in the value of your account. It’s important to understand that there is no guarantee that any specific asset allocation or combination of direct indexes or funds will align perfectly with your investment goals or provide a specific level of income. Diversification, while valuable, does not guarantee profits or safeguard against losses. The information provided here does not constitute tax advice and cannot be utilized to avoid potential tax penalties as per the Internal Revenue Code. It is essential for each individual to consult an independent tax advisor to understand their unique situation before making any investment decisions. Tax-loss harvesting, while potentially beneficial, involves specific risks, including the chance of the new investment incurring higher costs than the original investment and introducing portfolio tracking errors in your accounts. Additionally, there may be unintended tax implications. Therefore, prospective investors should seek guidance from their tax or legal advisor before engaging in any tax-loss harvesting strategy. Please note that O’Shares Investments and its affiliates do not provide tax or legal advice. O’Shares partners with technology providers in connection with Direct Indexing.