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The summary includes data about bonds and loans and bond and loan markets generally. This data has been provided for discussion purposes only and are not an indication or guarantee of future results. It should not be assumed that market conditions will be the same in the future. The indices and benchmarks in this summary are shown strictly for the purpose of illustration. KDP will not attempt to replicate the performance of any index or benchmark, and the comparison should not be understood to mean there will necessarily be a correlation between client returns and any index or benchmark. Furthermore, the assets in the client portfolios will not necessarily include financial instruments represented in these benchmarks.