You should consult your own tax advisor regarding the tax consequences of a specific transaction. Any and all expressions of opinion reflect the judgment of the authors at the time of writing and are subject to change without notice. Prospectuses containing more complete information, including fees and expenses, are available by calling your U.S. Bancorp Piper Jaffray Investment Executive. Please read carefully before investing. International investing involves special risks not associated with U.S. investments, such as foreign currency exchange rates, differences in financial account practices and possible political or economic instability.
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