Author: Matthew Collom

The following article summarizes the key insights from a recent webinar hosted by sundae_bar (LSE:SBAR), exploring how their collaboration with the decentralized network Bittensor is revolutionizing how businesses hire and deploy AI.

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2026: The Year of the AI Agent

For several years, AI was largely viewed as a tool for “chatting.” However, as Gartner recently predicted, 2026 is the year that AI agents become an enterprise staple. Research shows that 40% of enterprises are expected to integrate agents into their workflows this year, a staggering leap from just 5% in 2025.

sundae_bar, is positioned at the centre of this shift. As a premier marketplace for AI agents, it is where businesses come to hire digital workers capable of performing end-to-end, real-world tasks. Central to this strategy is the development of a single generalist AI agent, designed to operate like a dependable digital employee, able to summarise information, identify priorities, make recommendations, and take action across business systems such as CRMs, documents, and internal tools.

The Problem with “Closed” AI

A major theme of the webinar was the danger of centralized AI. When innovation stays behind the closed doors of “gatekeeper” corporations like Google or Meta, progress is limited by the speed and interests of those few companies.

sundae_bar’s solution? Decentralization.

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Powered by Bittensor: A Global Dev Team

To build a superior product at record speed, sundae_bar utilizes Bittensor, a decentralized network for digital intelligence. Specifically, sundae_bar operates Subnet 121 (SN121), which serves as the “engine” behind their marketplace.

This partnership provides three distinct advantages:

1. Incentivized Competition: Developers worldwide compete to build and improve sundae_bar’s generalist AI agent. The best-performing version wins, and its developers are rewarded in TAO, Bittensor’s native token.
2. Compounded Progression: Because the system is open and competitive, and all contributors build on the same agent, the agent doesn’t just improve – it improves daily.
3. A Global Workforce: Through Subnet 121, sundae_bar essentially has a global team of developers building and refining their product simultaneously.
   
   “Down the road, when people ask how sundae_bar built such a strong product so quickly, the answer will be Bittensor. Our agent improves continuously because an entire open network is competing to build, test, benchmark, and push it forward. Ultimately, we are here to build the best agent for businesses.”

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From “Subnet” to “Storefront”

While the technical magic happens on Bittensor, business owners don’t need to be blockchain experts to benefit. sundae_bar, bridges the gap between complex tech and commercial utility:

• The Backend (Subnet 121): This is the training ground where the Generalist AI Agent is built, tested, and optimized.
• The Frontend (sundae_bar Marketplace): This is where businesses discover and “hire” the best version of that agent, tailored to their specific needs.

The goal is to provide a Generalist Agent that can handle end-to-end workflows – from HR and marketing to complex data management – without the business owner needing to understand the underlying code.

The Bottom Line

The opportunity for businesses in 2026 is clear. The demand for digital workers is high, and the technology to provide them is finally scalable. By combining the open, incentivized innovation of Bittensor with a user-friendly marketplace, sundae_bar is turning the “Year of the AI Agent” into a reality for enterprises of all sizes.

In a period of rapid operational expansion, Ajax Resources (AQSE:AJAX) is making significant strides across its South American portfolio. Following a landmark year of acquisitions, the company has officially commenced its maiden drilling program at the historic Eureka Gold and Copper Project in Argentina, while simultaneously laying the groundwork for a “quantum leap” in Brazil.

In a recent sit-down on The Watchlist, Ajax CEO Ippolito Ingo Cattaneo outlined a roadmap that transitions the company from an explorer into a developer with near-term production potential.

Unlocking 400 Years of History at Eureka

The spotlight is currently on the Eureka Project in the Jujuy Province of Argentina. Despite a 400-year history of production, the site has remarkably never been subjected to modern drilling.

Ajax is currently executing an initial 1,500-meter program, the first phase of a planned 5,500-meter campaign. The ultimate goal is to validate historical, non-compliant studies that suggested significant copper mineralization.

• Target: Publishing a JORC-compliant Maiden Mineral Resource Estimate (MRE) by the first half of 2026.
• Potential: Historical data has assessed up to 62 million tonnes of copper at 1% (roughly 600,000 tonnes of copper).

“It’s one of the best times to be drilling a gold and copper project,” Ingo-Cattaneo noted, highlighting the company’s strong funding position and the favourable mining climate in the Jujuy province.

A “Quantum Leap” in Brazil: The Pereira Velho Project

While work intensifies in Argentina, Ajax has shifted its growth trajectory through the acquisition of the Pereira Velho Gold Project in Alagoas State, Brazil.

This deal is more than just an asset acquisition; it is a strategic partnership with Appian Capital Advisory, one of the world’s premier private equity groups in the mining sector. By taking their consideration in equity, Appian will become one of Ajax’s largest shareholders, a major vote of confidence in the junior miner’s management.

“Pereira represents a quantum leap in our company’s development,” said Ingo-Cattaneo. “We are looking to replicate the success of the nearby Serrote mine, which Appian developed and sold for $420 million in 2025.”

The immediate objective at Pereira Velho is to upgrade the current in-house estimate of 110,000 ounces to a JORC-compliant 350,000 ounces, targeting a fast-track to open-pit production.

Expanding the Pipeline: Leon and Beyond

Ajax is also maintaining momentum at the Leon Project in Salta, Argentina. This copper-silver asset comes with over $20 million in historical expenditure and 10,000 meters of previous drilling.

The company has secured an option on highly favorable terms ($100,000 in shares for the option, with a $3 million final payment in four years). Ingo-Cattaneo views Leon as another near-term production story, with a goal to expand the current 6.6 million-tonne resource to a 10 million-tonne milestone.

The Road Ahead

With gold reaching new historical peaks and copper demand surging for the global energy transition, Ajax Resources finds itself at a critical value inflection point.

By targeting under-explored assets with rich historical data and partnering with industry giants like Appian, Ajax is moving quickly to prove up its resources. For shareholders, the next 12 months will be defined by a steady flow of drill results and the transition toward formal resource estimates across two of South America’s most mining-friendly jurisdictions.

For more information on the current drill programs and project updates, visit ajaxresources.com.

LONDON — Delta Gold Technologies PLC (AQSE:DGQ) has officially entered the public markets, listing on the Aquis Growth Market to fund a radical new approach to quantum computing hardware. In a recent interview on The Watchlist, CEO Mike Jones detailed the company’s mission to move beyond laboratory-scale quantum demonstrations and toward a commercially viable, stable qubit.

A New Approach to the “Qubit Elusive”

While tech giants like Amazon, Microsoft, and Google have dominated headlines with quantum milestones, Jones argues that the fundamental “building block” of the industry—the qubit—is still far from perfect. Traditional quantum computers are notoriously fragile, requiring extreme environments to maintain stability.

“Everybody knows about bits in your basic computer—a zero and a one,” Jones explained. “A qubit is either a zero, a one, or something in between at the same time. It’s a very hard thing to get your head around… but the basic physics of what a qubit is going to be made from is still elusive.”

Delta Gold’s strategy hinges on nanoscale gold-based technology. By utilizing the unique physical properties of gold at the atomic scale, the company aims to host induced superconductivity, creating a more robust and scalable memory state for quantum processors.

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Strategic Roadmap: The 18-Month Plan

Following a successful £2.5 million fundraise, the company has set clear measurable goals for its first two years as a public entity:

• Intellectual Property Protection: Over the next 12 months, the primary focus is on securing patent filings for their nanoscale innovations.
• Proof of Concept: By the 18-month mark, the company expects to advance its research toward a physical proof-of-concept device.
• Academic Collaboration: Central to this roadmap is a three-year research partnership with the University of Toronto.

“We have some of the smartest people in the world working on that very basic physics concept,” said Jones.

The project is led by Professor Harry Ruda, Director of the Centre for Advanced Nanotechnology at the University of Toronto. Ruda, a globally recognized authority who will chair the Global Conference on Quantum Computing in Switzerland this summer, provides Delta Gold with access to high-level expertise and specialized laboratory equipment that would be prohibitively expensive to build in-house.

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Navigating the Multi-Billion Dollar Landscape

Despite competing in a space where “Big Tech” spends billions annually, Delta Gold sees a clear path for a lean, research-driven enterprise. Rather than attempting to build a complete mainframe computer from scratch, the company is positioning itself as an IP powerhouse.

“Creating a stable, scalable qubit could be enormously interesting to the bigger players,” Jones noted. The company’s business model focuses on licensing and partnerships, offering its core hardware breakthroughs to existing industry leaders who are already struggling with error correction and scalability.

With its market capitalization recently exceeding £10 million following its debut, Delta Gold Technologies is betting that a small company focusing on fundamental physics can provide the missing link in the global race for quantum supremacy.

For more information on the company’s research roadmap and intellectual property developments, visit the official website at deltagoldtech.com.

Bram Goorden, CEO of IXICO (LSE:IXI), recently provided an update on the company’s financial performance and strategic vision following the release of its financial results for the year ending September 30, 2025. The interview highlighted IXICO’s continued focus on AI-driven neuroimaging and its commitment to scalable, technology-led solutions for neurological diseases.

Setting the Stage for Sustainable Double-Digit Growth

IXICO, which specializes in AI-driven imaging analysis as a service for pharma and biotech companies developing novel drugs, reported a strong financial turnaround. Goorden noted a 13% growth for the past year and is predicting at least 15% for the upcoming year. He emphasized that the primary business objective is to expand the market and achieve “double digit growth numbers and that we make them sustainable.”

Leveraging Technology for Margin Expansion

A key component of IXICO’s forward-looking strategy is scaling its AI-driven analytics to expand margins. Goorden described this as a “very exciting” second phase, which will involve “leveraging our technology and partnering our technology also with some of these other service providers in the ecosystem.”

Over the next 12 to 24 months, the company plans to not only grow its core CRO (Clinical Research Organization) services but also collaborate with external partners to maximize the use of its proprietary technology, thereby achieving greater profitability.

Dominance in Neurodegenerative Disease

When addressing the competitive landscape in neuroimaging, Goorden clearly defined IXICO’s strategic differentiator: a deep and long-standing focus on neurodegenerative diseases—specifically Alzheimer’s, Parkinson’s, and rare CNS (Central Nervous System) conditions.

After 20 years in the field, Goorden stated that IXICO is an “absolute leader” in this niche. By focusing on neurology, the company is deliberately “staying away… from that red ocean which oncology or cardiology could represent.” This specialized approach is reinforced by a continuous commitment to investing in novel algorithms on their platform, which serves as a core competitive advantage in supporting research for CNS diseases.

Strategic Market and Disease Prioritization

Geographically, IXICO remains a global business, serving the development programs of major pharmaceutical and biotech firms worldwide. While “most of our revenues are coming from the other side of the pond… so in the US,” the company anticipates further expansion, particularly in the biotech arena along the Northeast coast of the US, alongside continued strength in Europe.

In terms of therapeutic areas, the company is committing to going “much deeper” into the dementia space, especially Alzheimer’s, citing a clear unmet need and a place where pharma is “really doubling down their investments.” Furthermore, IXICO plans to maintain its traditionally strong position in rare CNS diseases like Huntington’s disease, where they believe they “own that market.”

In summary, Goorden concluded that IXICO’s strategy involves “expanding further but always in that neurodeenerative disease space which we do believe is very fertile ground.”

IntelliAM AI (AQSE:INT) has released a confident first half trading update, signalling continued progress toward scale and profitability in its mission to bring AI-driven optimisation to global industrial operations. Speaking on The Watchlist, Chief Operating Officer Keith Smith walked through the company’s expanding annual recurring revenue (ARR), strengthening customer relationships, and growing roster of strategic partners, all which position IntelliAM for accelerated growth through FY27.

ARR Growth Driven by Both New Wins and Customer Expansions

ARR has risen to approximately £1.18 million, a milestone Smith describes as both “diverse and sustainable.” According to him, 20% of the uplift came from new customer wins, reflecting the successful conversion of proofs-of-value into long-term contracts. However, the bulk of the momentum, around 80%, has been generated from within the existing customer base through product upsells, contract transitions to more digital solutions, and usage expansion across factories and production lines.

Smith emphasised that IntelliAM’s customers are “very sticky,” with most sitting at Stage Three of the company’s six-stage AI adoption journey. Meaningful value remains ahead as these organisations expand their use of the platform deeper into operations. As investment increases in sales and marketing, Smith expects the balance of growth to shift further toward new customer acquisition.

Cash Position, Discipline, and the Road to Profitability

With £778,000 in gross cash, IntelliAM continues to prioritise disciplined, responsible growth. The company expects to hit cash flow break-even during FY27, becoming cash flow positive by the end of that fiscal year. Smith added one caveat: planned international expansion, particularly into the U.S. market, will likely prompt a fundraising round. However, he stressed that IntelliAM aims to raise capital “from a position of strength,” not before achieving operational self-sufficiency.

Strategic Partnerships Set the Stage for Scalable Revenue

A central theme of IntelliAM’s update is the strengthening of partnerships across industrial and FMCG markets:

SKF: Embedding AI Into Global Industrial Products

IntelliAM’s work with SKF, a major global industrial company and one of the world’s largest bearing manufacturers, stands out as a particularly high-potential channel. By embedding IntelliAM’s AI into SKF’s products, the company gains access to 17,000 distributors worldwide, significantly expanding its reach without additional sales or marketing spend.

CTC: A Gateway Into the U.S. Sensor Market

The newly announced partnership with American sensor manufacturer CTC allows IntelliAM to sell American-made sensors in the U.S., unlocking what Smith identifies as a key strategic market. In addition to product alignment, CTC’s distributor network provides an immediate commercial infrastructure for growth.

FMCG and Beyond: Repeatable Value at Scale

IntelliAM is also deepening relationships with major food and beverage companies—an FMCG segment where repeatable production processes make ROI both measurable and scalable. The company is developing case studies and templates that can be replicated not only across FMCG players but also in adjacent sectors. Additionally, IntelliAM has begun expanding into the building supply market, opening yet another avenue for multi-sector commercial traction.

Across all these partnership categories, Smith expects significant expansion over the next 12 to 24 months.

A Clearer Path Toward a Global Industrial AI Platform

IntelliAM’s latest trading update offers investors and industry observers a clearer picture of a company moving steadily toward scale. With a growing ARR base, sticky customer relationships, a disciplined financial approach, and powerful distribution partnerships, IntelliAM appears well positioned to accelerate its trajectory through FY27.

As Smith closed the interview: “We’re investing in the right areas, and we’re doing it from a strong base. The foundations are in place for real, scalable growth.”

In a rapidly evolving digital-asset landscape, institutional Bitcoin strategies are increasingly under the spotlight. One company gaining attention is (AQSE:HODL) B Hodl, which recently expanded its holdings to 155 Bitcoin as it pushes toward becoming one of the largest Bitcoin treasuries on the Aquis exchange. But as the company grows its position, investors are asking an important question: How does B Hodl generate yield while managing risk in such a volatile market?

On The Watch List, CEO Freddie New sat down with host Ricky Lee to unpack the company’s approach to yield generation, treasury security, and long-term sustainability.

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A Self-Custodial Approach to Bitcoin Yield

With yield strategies across the crypto industry often tied to lending, leverage, or third-party platforms, each carrying its own risks, Freddie New was quick to emphasize that B Hodl chooses a different path.

“The way that we generate revenue from our Bitcoin is via the Lightning Network, and we do it in an entirely self-custodial and secure way,” he explained.

The Lightning Network, Bitcoin’s second-layer payment system, facilitates fast, low-cost transactions by routing payments through liquidity channels. To keep those channels functioning efficiently, liquidity must be locked into them, this is where B Hodl steps in.

Their business model is straightforward:

1. Raise equity
2. Buy Bitcoin
3. Deploy that Bitcoin into Lightning Network channels
4. Earn routing fees, similar to how Visa and Mastercard earn interchange fees

Crucially, this setup avoids the typical counterparty risks associated with lending or staking.

“If anything goes wrong and the channel is closed, the Bitcoin comes directly back to us,” New emphasized. “We’re not lending it to anyone.”

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Best-in-Class Safeguards and Risk Management

Risk management is a major focus for B Hodl, and according to New, the team was intentionally built around deep experience surviving crypto bear markets.

The company’s core safeguards include:

Ultra-lean operations

B Hodl maintains very low operating expenses. Following its IPO, the company reports four years of cash runway, giving the team breathing room to continue building during market downturns.

Multi-signature, multi-jurisdiction cold storage

All Bitcoin held by the company is protected through a multi-sig, multi-device, multi-jurisdiction security protocol, the same one used by well-established UK exchange CoinCorner.

No counterparty exposure in yield generation

Because Lightning Network channels are non-custodial, capital always returns to B Hodl’s wallet when channels close.

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Targeting Consistent, Predictable Bitcoin Yield

When asked about the future contribution of Lightning yield to operating cash flow, New revealed early results that exceeded expectations.

“Our initial results have been throwing off about 6% annualized yield,” he said. “We were initially modeling slightly lower than that.”

Maintaining a consistent yield through different market environments is a priority, and B Hodl is already preparing multiple complementary strategies on the Lightning Network. Only the first of these strategies has been publicly announced so far, with additional details coming soon.

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Looking Ahead

As institutional interest in Bitcoin infrastructure deepens, B Hodl is positioning itself as a disciplined treasury manager focused on security, sustainability, and real utility on the Lightning Network.

The combination of self-custody, low operating risk, and Lightning-based revenue could set a new benchmark for publicly listed Bitcoin treasury businesses.

For updates and deeper insights into the company’s growth, visit https://bhodl.com/.

Yellow Cake PLC (LSE:YCA), a leading uranium investment company, has announced the successful completion of a $175 million capital raise, surpassing its initial target of $125 million. The move reinforces the company’s strategic foothold in the uranium market as global investor interest in nuclear energy continues to rise.

In an interview with Ricky Lee on The Watchlist, CEO Andre Liebenberg discussed the company’s recent fundraising success, future uranium purchases, and the evolving dynamics of the uranium spot market.

Strong Demand Drives Oversubscribed Raise

Liebenberg explained that the original goal was to raise $125 million, enough to fund Yellow Cake’s 2025 purchase option with Kazatomprom, Kazakhstan’s state-owned uranium producer, along with additional working capital.
However, strong investor appetite prompted the company to increase the offering to $175 million, reflecting growing confidence in uranium as a long-term energy commodity.

“The deal we have with Kazatomprom allows us to buy up to $100 million worth of uranium per year,” Liebenberg said. “Because we had very strong demand, we upsized the issue to $175 million.”

While the excess funds cannot be directly applied to the existing 2025 option, Liebenberg noted that the company could deploy capital opportunistically in the spot market or allocate funds toward its 2026 option, which opens on January 1, 2026.

Exposure Without Leverage

Discussing risk management, Liebenberg emphasized that Yellow Cake provides investors with pure exposure to uranium prices, without the complexity or leverage associated with mining operations.

“We don’t trade the market,” he explained. “If the commodity goes up, we go up. If it goes down, we go down. We offer one-to-one exposure to the uranium price.”

Unlike uranium producers, which face operational and permitting risks, Yellow Cake’s model is physically backed by uranium holdings, providing intrinsic value tied directly to the commodity itself.

“We can’t go to zero because the uranium price can’t go to zero,” Liebenberg added.

Liquidity and Investor Flexibility

Addressing investor liquidity, Liebenberg highlighted that Yellow Cake shares are actively traded, offering a straightforward exit mechanism.

“We trade over a million shares a day.about $7 million in daily liquidity,” he said. “So investors have an easy means of entering or exiting.”

While the company has conducted share buybacks in the past, Liebenberg indicated that current market conditions make such actions unnecessary.

“At the moment, we’re trading at a pretty tight discount, so it wouldn’t make sense to pursue buybacks right now,” he said.

Looking Ahead

With the uranium market experiencing heightened volatility and renewed attention from clean-energy investors, Yellow Cake PLC is strategically positioned to capitalize on future opportunities.

For more information on the company’s capital deployment strategy and uranium investment outlook, visit yellowcakeplc.com.

Disclaimer:

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. Some portions of this content may have been generated or assisted by artificial intelligence (AI) tools and been reviewed for accuracy and quality by our editorial team.

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About The Watchlist

The Watchlist features in-depth interviews with leaders across global markets, exploring key investment themes, emerging trends, and corporate strategies shaping the financial landscape.

To book a Watchlist interview on ADVFN contact – [email protected]

Accsys Technologies (LSE:AXS) has released its latest trading update, highlighting continued growth in Accoya® sales, accelerating distribution in North America, and a strategic commitment to premium positioning despite challenging global market conditions.

In a recent interview on The WatchList with Ricki Lee, Dr Jelena Arsic van Os, CEO of Accsys Technologies, outlined the company’s medium-term outlook and focus areas for expansion.

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Shifting Sales Balance Toward the U.S.

Currently, around two-thirds of Accoya capacity is supplied from Europe, with one-third coming from North America. According to Dr Jelena Arsic van Os, that balance is expected to shift more heavily toward the U.S. in the long term, reflecting the scale and profitability of the American building materials market.

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Expanding Distribution Network

North American sales of Accoya grew 55% year-on-year in the first five months of the trading year, with the majority of sales coming through existing distribution channels. During the same period, Accsys added three new distributors, significantly strengthening its regional footprint.

“These new partners are crucial in building momentum for Accoya in the world’s largest and most profitable wood market,” said Dr Jelena Arsic van Os.

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Premium Positioning as a Differentiator

Despite macroeconomic pressures, Accsys continues to maintain pricing power by focusing on the premium, high-performance, and sustainable segment of the wood products industry.

“Accsys is the world’s leading supplier of premium, sustainable wood building materials,” Dr Jelena Arsic van Os commented. “We’ve always played in the premium space, and our strategy is to remain there. Growth of 28% year-on-year in the first five months demonstrates the resilience of this approach.”

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Outlook

With sales growth across Europe and strong momentum in the U.S., Accsys Technologies is positioning itself to capture a greater share of the global sustainable building materials market. The combination of expanding distribution, premium differentiation, and increasing production capacity is expected to drive further progress in the medium to long term.

For more details on the company’s trading update and growth strategy, visit accsysplc.com.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

Red Rock Resources PLC (LSE:RRR) saw its shares climb on Friday after announcing the sale of its royalty over gold production from the El Limon mine in Colombia to Soma Gold Corp, in a deal valued at £1 million in cash.

Alongside the cash consideration, Red Rock will receive 200,000 share subscription rights in Soma, exercisable at C$2.00 over a 36-month period.

The royalty — held since 2015 but dormant in recent years — was expected to resume payments this year. It comprised a 3% net smelter return royalty, capped at US$2 million, and an additional 0.5% royalty capped at US$1 million.

“The sale of the royalty back to the mine owner provides Red Rock with funds to reduce liabilities and strengthen working capital,” said chair Andrew Bell.

In London, Red Rock shares were trading 15% higher at 0.035p.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.

ATOME PLC (LSE:ATOM) announced it has signed a definitive 10-year offtake agreement with Yara International covering the entire annual output — 260,000 tonnes — from its Villeta low-carbon fertiliser project in Paraguay.

The company said the deal marks the final commercial milestone before a final investment decision, expected later this year. Construction of the US$630 million facility is scheduled to start in the fourth quarter of 2025.

Building on preliminary terms disclosed in July, the agreement also includes an option to extend beyond the initial decade.

“This partnership with Yara, now confirmed in its final form, is a landmark step in delivering our Villeta Project,” said ATOME chief executive Olivier Mussat. “We’re proud to be part of what is the world’s largest low-carbon fertiliser supply agreement. Alongside Villeta, we continue to work with leading partners and offtakers to distribute our green molecules, disrupt traditional commodity markets, and support a cleaner, more sustainable future.”

Chrystel Monthean, Yara’s executive vice president for the Americas, added: “Yara’s ambition is to help grow a nature-positive food future, profitably. By securing locally produced fertiliser made with renewable energy, we’ll strengthen our portfolio and, combined with our agronomic expertise, respond competitively to market demand. We look forward to developing this long-term strategic relationship with ATOME.”

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.