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TREASURY 
TUITIWBE 

VFIM, Corp.
320 S. Wamer Road, 53.6, E39): 83?
Vaiiey Fargeg PA 1%82


DISCLOSURE STATEMENT AND
ACKNOWLEDGMENT

VFW, Corp, has: been amhmized by Valigy Fmga Aggie: Management Cari}. 21?an Farge"},
a regigtered investment A?vi?sor, refer pmapcctive clients; ta Vane); ch'ge. VFIM is no: a register?d
a?ivigor and i3 not regmagible far the sewiceg which Val-lazy Forge may pl?QVidC {e yeu or ihe
fees; Vaian frorge may ci?zargt?: yau time t0 time.

VF is be: yak! an equal to 50% {)ftim  paid by referrals 33 19mg  yet: remain. a
ci-iem 0f Vaiicy ch?ge.

Vaiiey Forge has?: repr?smm? that Vaiiey Page will Charge rates in accmdame with Vaiiey
Fargs?s Farm ADV i?zu?t ii filing with {ha and Exam:ng Cemmiagi?n Vaiiey- Forga
hag; :mt-radviaed wags-1:. that-33mg cimrgadxai?y ?zz-the muggy-fag fix the 013$th
amainingyau: gamma}; thiwgh has; Vai?ey Farge advisa? 11m: Eai-lcy Farge mu charga
any M19213: Vailay if 53361? ?-if?fiir?miai i2; aitfibu?abm {0 the 
Fm?gc?s agrecmcm V?E?vi. The agreemen; bemaen VFIM and Va?ay Forge 5:21:33 that
Vaiiey $301733: may negotiaza meg with its; dieing and pmispcc?s if: {he 31123 {a ?213 ext?nz sac:
farm h} Va?lcy $70:ch "Fem: ADV {Pam ?ling; wizh that 1mg? Excha?mg?? Cammisskm
VaEEcy Farga?s fees f0? gmwim are set fem-1 in ??i?gg with 11.13:: SEC {m ?53:er AQV {Part 
a mp3: Gf?ze cfwh?az?g 213 receive? Va?Eey i5 mama-2d Wit? thia; B?gciogum
Staicm?ni. Tim dimimur? mack: Farm EE 31?s: mini-e3: 313:2}? anti am by ?3 FEM. 'E?h?ct
mics (EESCEGSGCE in ciiwk?azre gamma: at in Va??y $Grge?a F?mz $3321; 3} may mazng {mm game
{a $221123.

 ?3i?i??iia?$5 ra?gt?anshiga with Vaifey Farge :?egpaci {Emis rcf?avrai is get in a: wriimn
agreamszm bariwmn Fmg? and \fFin-fiy VHM am? Valiay $91322 $33223; have: :3er basizma?
magmas;ng {mm Kim-s: :imc 3:21;: are mt af?iiaze? by cemma? watmi. The af?mr {32? amg??yea 9f
$ifgu?ug {$115 digc?miire bai?mifcf VFEM is; am an eiiag?oyca (if, ma?a with,
Valiay Fm?ge but nmy have amihm? Matimzsh?g wizii iianaemia-id;



u: rcw?pi aa?a?i have rem the fgz?egmng Cmgu?izmi?g Digsimazi?e Smismwi 2mg? aim tiw
:iccempazayiug Fawn Pm reiating {c3 ?5an garge Awe Mamgamant.

   
 

Prim Naz?iw: Barbara Eafar Signatum:

mas: gum/eat;