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© 2012 Gerstein Fisher. All rights reserved

Investment products and services offered through GFA Securities, LLC, Member FINRA and SIPC
to residents in states where the firm and its representatives are licensed.

Investment advisory services provided by Gerstein, Fisher & Associates, Inc., a SEC registered investment advisor. Advisory services are subject to advisory fees as disclosed on Form ADV.
Securities are offered through GFA Securities LLC. Securities purchases are subject to commissions and/or fees.

Past performance may not be indicative of future results. Therefore, no current or prospective client should assume that future performance of any specific investment, investment strategy (including the investments and/or investment strategies recommended or undertaken by GERSTEIN FISHER) or product made reference to directly or indirectly by GERSTEIN FISHER in its web site, or indirectly via a link to an unaffiliated third party web site, will be profitable or equal the corresponding indicated performance level(s). Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client or prospective client's investment portfolio. Historical performance results for investment indices and/or categories generally do not reflect the deduction of transaction and/or custodial charges, the deduction of an investment management fee, nor the impact of taxes, the incurrence of which would have the effect of decreasing historical performance results.