Twelve Capital Event Update

Hurricane situation

Tropical Storm Sara is currently located off the northeastern coast of Honduras and is expected to move northwest towards Belize. Given the amount of time Sara will spend over land, we expect the system to weaken over the next few days, but the current forecast is for the storm to re-enter the Gulf of Mexico next week.

Twelve Capital continues to closely monitor relevant potential and actual catastrophe events and will issue specific updates on new major events that occur.