We are excited to announce a number of changes to Covestor,
that make it easier for you to find and follow successful investors.

We have
merged the Track Record functionality of the old Covestor.com with the
automatic mirroring capability of cv.im to create the world’s largest online platform for Investment Management.

New features include:

• Improved Member Profiles: Every member sharing a
  portfolio has a new profile page about themselves, under their own URL (Covestor.com/name),
  and easier to understand Model or Track Record pages.
• Custom Search and rankings:  We now rank both models that can be
  mirrored as well as Personal Track Records, and let you customize your own
  search to find the portfolios of interest to you .
• Updated Accounts:  We’ve responded to feedback by addressing
  usability.  All of our members have access
  to updated accounts, to help them better manage their investments.
• Improved Help and About:  If you can’t find what you are looking for, or
  have a question about how it all works check out our new help section.

Launching along with the new site is Covestor live, a
live daily blog about the markets and what is happening on the platform. It is
the best place on the web to find out where great investors are putting their
real money and why. Check in daily to find trade analysis, member interviews
and live market commentary as thousands of investors share their real
portfolios in public view.

As well as adding new features some of the less used ones
have been cleared out, including the email trade notifications that used to be
available to Covestor.com members. As a visitor you can view member’s trades
and holdings publicly on the site. If you previously had an account on either
http://Covestor.com or http://covestor.com, whether to
share your portfolio or to mirror real trades, you can still sign in on
the new site using the email address and password you registered with. Although
you will have a new profile and an updated account your previous activity will
all be maintained.

For complete details find out more about our spring
cleaning, or check out the site has changed FAQ. You will continue to
see updates over the next few weeks. It may take us a short while to get back
to normal as we continue to roll-out enhancements so please excuse our
appearance in the meantime.

The one thing that has not changed is our appreciation of
our members. We greatly value your input and support, so please get in touch if you have any comments. We hope you will find the site easier to use
and that it will continue to help you make great investments.

The Covestor Team. June 2010