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Information on this website, including any research, was prepared by MarshalFunds (“Marshal”) only for, and is directed only at, persons that qualify as Expert accredited Investors, including appropriate institutional investors and intermediaries. The services provided by Marshal are available only to such persons. The information in this website is not intended for the use of and should not be relied on by any person who would qualify as a Retail Client. Information contained on this site does not constitute an offer to buy or sell or an invitation to make an offer to buy or sell shares in any investment fund referred to herein. This website is for information purposes only and does not constitute investment advice. It does not constitute an offer, invitation, solicitation or promotion of securities is any jurisdiction by any person.

Information on this website is directed only at persons or entities in any jurisdiction or country where such access to information contained herein and use thereof is not contrary to local law or regulation. Not all securities, products or services described on this website are available everywhere. Information contained herein does not constitute a distribution, an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction in which such distribution or offer is not authorised. In particular, information on this site is not directed at any person in the United States ("US") and this site is not intended to be used by any person in the US and is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities in the US to or for the benefit of any US person (being residents of the US or partnerships or corporations organised under the laws of the US). Accordingly, all persons who access this site are required to inform themselves of and to comply with any such restrictions

Information contained on this site (including any expression of opinion or forecast) has been obtained from, or is based on, sources believed by Marshal to be reliable, but are not guaranteed as to its accuracy or completeness. Such information is provided without obligation on the part of Marshal and its associated companies and on the understanding that any person who acts upon it or changes his investment position in reliance on it does so entirely at his own risk. All information contained on this site may be changed or amended without prior notice although Marshal does not guarantee to update this site regularly. No representation, warranty or undertaking is given as to the accuracy or completeness of the information contained on this site by Marshal or any of its associated companies and no liability is accepted by such persons for the accuracy or completeness of such information.

This website may include forward-looking statements that are based upon our current opinions, expectations and projections. Marshal undertakes no obligation to update or revise any forward-looking statements. Actual results could differ materially from those anticipated in the forward-looking statements. Investors must be aware that views expressed may no longer be current or may already have been acted upon by Marshal.

Past performance may not be repeated and should not be seen as a guide to future performance. Value of investments and income from them may go down as well as up and investors may not get back the amount originally invested. Because of this, you are not certain to make a profit on your investments and you may lose money. Exchange rates may cause the value of overseas investments and the income arising from them to rise or fall. Investors should consult their own tax adviser in order to understand any applicable tax consequences.

Indemnity: You agree to indemnify, defend, and hold harmless Marshal, its affiliates and licensors, and the officers, partners, employees, and agents of Marshal and its affiliates and licensors, from and against any and all claims, liabilities, damages, losses, or expenses, including legal fees and costs, arising out of or in any way connected with your access to or use of this website.

Access to the Restricted Area requires possession of a valid password and no other person should attempt to gain access to it. If you have read and understood these conditions of use you may click the 'I agree' button to proceed. By doing so you acknowledge that you understand the conditions of use and agree to abide by them and confirm that you are not a resident of the US.