Important Regulatory Information for US and UK Investors

If you are a US citizen or resident, or represent a trust which is subject to taxation under US Internal Revenue Service requirements, or represent a partnership or corporation organized under the laws of the United States of America or any state, territory or possession thereof ("US Persons") you are prohibited by law from buying investments other than those authorized for sale by the SEC. Units or shares in the Funds for which information is provided on this site are not authorized for sale by the SEC and are therefore not available for sale in the United States or to US Persons. Although the information provided on this site is not an invitation to subscribe for shares or units in such Funds, US persons may not access this site.

In the United Kingdom ("UK") the Fund is an unregulated collective investment scheme for the purposes of the Financial Services and Markets Act 2000. As a consequence, the promotion of the Fund in the UK is restricted by Sections 21,238 and 240 of the Act and shares in the Fund cannot be offered or sold by an authorized person in the UK other than to certain categories of persons specified under the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001or the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001. The information on this Site does not and cannot be taken to provide an introduction to the Fund and should not be taken to impliedly offer advice relating to the Fund and does not form any arrangement in relation to all or any third parties.