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Inside

3 You gain flexibility, convenience and control 5 Get the cash you need faster and more easily 7 Buy or invest in the property you want

9 Make the luxury purchase you’ve been waiting for 11 Get business financing that’s ready when you are

See back cover for important information.

Merrill Lynch makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated, a registered broker-dealer and member SIPC, and other subsidiaries of Bank of America Corporation (“BAC”).

Banking products are provided by Bank of America, N.A., and affiliated banks, members FDIC and wholly owned subsidiaries of BAC. Investment products:

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Investing in real estate. Making a luxury purchase. Expanding your business.

Aer working so hard to get where you are, you could be thinking that it’s

time to do some of the things you’ve always wanted to do.

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You gain flexibility, convenience

and control

The LMA account1 is a flexible line of credit offered by Bank of America, N.A. (the “Bank”). This single

account can manage multiple loan advances, giving you the borrowing power you need for the things you want now, while keeping your overall goals intact.

Gain borrowing power

When you open an LMA account,1 your total available credit is based primarily on the combined value of

all the eligible assets in the accounts you choose to use as collateral.

• Use personal, business or third-party accounts, or a combination.

• Access available credit through variable-rate or fixed-rate advances, or standby letters of credit.

• Apply only once — there’s no need to reapply each time you need financing.

Get the most from what you own

You can use your assets as collateral without having to transfer them into a separate collateral account.

• Trade and manage your investments, access cash, and choose when to pay down your loan advances in the accounts you’ve used as collateral (subject to certain restrictions).

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Get the cash you need faster

and more easily

Receive financing how and when you want it

Your LMA account comes with a variety of benefits designed to work with your schedule and the investment strategy you already have in place. Take advantage of features like:

• Easy and efficient access to cash

• Competitive interest rates

• Multiple loan advances managed in a single account

• Choose from flexible repayment options

• No-hassle account monitoring

• Ability to use a broad range of assets as collateral

Understand the risks associated with your LMA account

Remember that securities-based financing involves special risks. Review your LMA Loan Agreement and its related documents and disclosures carefully with your own tax and legal advisors, keeping in mind that:

• If your collateral assets lose value, you may be required to provide additional funds to avoid a collateral maintenance call. Because you can lose more funds than are being held as collateral and the loan must be paid back in full, you’re liable for any deficiency.

• The Bank can change its collateral maintenance requirement at any time without contacting you first.

• You must satisfy any collateral maintenance calls for additional funds immediately. You aren’t entitled to an extension of time.

• The Bank can force you to sell any securities or other investments you’re holding as collateral, and unless required by law, can do so without informing you first.

• You can’t choose which securities are liquidated or sold.

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Buy or invest in the property

you want

If you’re looking to invest in or purchase real estate without changing your current investment strategy, your LMA account may be the right solution — no matter what kind of real estate you’re considering.

Fulfill a personal goal

Your LMA account can make financing your real estate transactions much simpler. You can get ready access to cash, flexible loan financing structures and competitive rates to help you:

•Invest in a primary or vacation home, co-op, residence club or timeshare

• Make real estate investments for your children or other family members

• Finance additions, landscaping and other home renovation projects or emergency repairs

• Acquire land for construction or investment purposes as an alternative to raw-land financing

•Fund a broad range of commercial financing structures

Support your business real estate needs

You’re not just limited to personal real estate transactions. Your LMA account can help you finance commercial real estate needs, too. Use it to help you:

• Purchase or lease new facilities

• Expand or upgrade an existing facility

•Secure commercial space with a letter of credit rather than a security deposit

• Cover property tax and insurance payments

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Make the luxury purchase

you’ve been waiting for

Whether it’s an executive jet or yacht — or collectibles like fine wine, art or antiques — an LMA account can provide the borrowing power you’re looking for. Whatever you’ve had your eye on, the flexibility provided by your account can help to bring your purchase home for you and your family to enjoy.

Include the extras

Not only can an LMA account help you get the luxury items you want, it can help you enjoy them more fully. With an LMA account, you can:

• Pay for flying or yacht piloting lessons

•Finance the costs associated with a yacht or aircraœ, such as crew, fuel, berthing or hangaring fees

• Purchase complementary vehicles such as a tender or personal watercraœ

• Invest in recreational real estate like ranches, farms, vineyards or equestrian facilities

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Get business financing that’s ready

when you are

Balance your personal and business goals

When you’re running a business, it can be tough to separate your personal and business lives — and your personal and business finances. You need funds to help your business grow, but it’s also important to keep your assets protected. Whether you’re starting something brand-new or expanding on an already successful venture, your LMA account can help with things like:

• Combining personal and/or business assets to be used as collateral

• Purchasing inventory

•Paying down balances

• Buying a franchise

• Financing new equipment

Start or build a business

Your LMA account can be used to meet many other business financing needs, including:

• Business acquisitions • Startups • Construction • Letters of credit • Emergency funds • Tax payments

• Investment property purchases

• Commercial real estate purchases

Your LMA account can also be a strategic tool to manage your overall financial operations:

• Make the most of cash management, credit and lending strategies • Access investment management expertise

• Help your employees with retirement and benefits plans

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Asset allocation, diversification and rebalancing do not assure a profit or protect against loss in declining markets.

1 The Loan Management Account (LMA account) is a demand line of credit provided by Bank of America, N.A. Member FDIC. Equal Opportunity Lender. The LMA account requires

a brokerage account at Merrill Lynch, Pierce, Fenner & Smith Incorporated and sufficient eligible collateral to support a minimum credit facility size of $100,000. All securities are subject to credit approval, and Bank of America, N.A., may change its collateral maintenance requirements at any time. Securities-based financing involves special risks and is not for everyone. When considering a securities-based loan, consideration should be given to individual requirements, portfolio composition and risk tolerance, as well as capital gains, portfolio performance expectations and investment time horizon. The securities or other assets in any collateral account may be sold to meet a collateral call without notice to the client, the client is not entitled to an extension of time on the collateral call, and the client is not entitled to choose which securities or other assets will be sold. The client can lose more funds than deposited in such collateral account. The LMA account is uncommitted and Bank of America, N.A., may demand full repayment at any time. A complete description of the loan terms can be found within the LMA agreement. Clients should consult their own independent tax and legal advisors. Some restrictions may apply to purpose loans, and not all managed accounts are eligible as collateral. All applications for LMA accounts are subject to approval by Bank of America, N.A. For fixed rate and term advances, principal payments made prior to the due date will be subject to a breakage fee.

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