NewSouth is an investment adviser registered with the United States Securities and Exchange Commission. This web site is for informational purposes only and is not intended to be a solicitation, offering, or recommendation of any investment management or advisory service, securities, or other investment products to any person in any jurisdiction or country in which such solicitation, offering, or recommendation would be unlawful. The information contained in this web site should not be construed as financial or investment advice on any subject matter. The material on this web site, including NewSouth’s opinions expressed herein, are subject to change without notice. NewSouth does not represent that the investment strategies, services, or products discussed on this web site are appropriate for all investors.