Issued by:
This document is produced by Imara Asset Management Limited, registered in the British Virgin Islands and authorised and regulated by the British Virgin Islands Financial Services Commission.
Fees:
Apart from the management fee, the Fund also has custodian fee, administrator's fee, directors' fees, listing fee, legal and professional fees and operating expenses which are all defined in the prospectus of the Fund.
Distribution:
European Union
The Fund has been authorised in accordance with the Alternative Investment Fund Managers Directive (AIFMD) National Private Placement Regime for marketing in the United Kingdom (Financial Conduct Authority (FCA) Product Reference Number (PRN) is 722461) and the Netherlands only. It has not been authorised for distribution in any other European jurisdiction, and hence this document may only be distributed to professional investors in such jurisdictions at their own initiative.
Switzerland
The Fund has not been licensed for distribution in Switzerland, and accordingly distribution is limited exclusively to Regulated Qualified Investors, as defined under the Swiss Federal Act on Collective Investment Schemes (CISA) and the Swiss Federal Ordinance on Collective Investment Schemes (CISO).
United States
The shares of the Fund have not been registered under the U.S. Securities Act of 1933, as amended pursuant to an exemption from such registration, and have not been registered with, or approved by, any U.S. state securities or blue sky administrator, or any other regulatory authority. The Fund is exempt from registration from the U.S.
Investment Company Act of 1940, as amended. This Fact Sheet is for informational purposes only and does not constitute an offer to buy or sell or an invitation to make an offer to buy or sell shares of the Fund.
This Fact Sheet has been prepared by the Fund solely for the benefit of persons who meet applicable suitability and sophistication standards, and have been approved by Imara to access this Fact Sheet. Any reproduction of this Fact Sheet, in whole or in part, or the divulgence of any of its contents, without the prior written consent of the Fund, is prohibited.
South Africa
The Fund has not been registered under the Collective Investment Schemes Control Act (CISCA) for distribution in South Africa.
Persons residing outside of the jurisdictions specified here should refer to the offering documentation of the Fund for further specific jurisdictional information.
Suitability:
The Fund has been established and is recognised as a Professional Fund under the British Virgin Islands Securities and Investment Business Act (2010) and is only suitable for Professional Investors (as defined in the Fund’s Prospectus). We recommend that you seek independent financial advice to ensure this Fund is suitable for your investment needs. Information has not been prepared for, and is not suitable for access by ordinary retail investors.
Risk Factors:
This information is provided for information purposes only and is not a buy or sell recommendation for any particular security. The full documentation that should be considered before making an investment, including the Prospectus which sets out the Fund specific risks, is available from Imara Asset Management Limited. Past performance is not indicative of future results. The value of shares and the income from them can fall as well as rise and you may get back less than the amount invested. If the currency of the share class chosen differs from your domestic currency, returns may increase or decrease as a result of currency fluctuations. Emerging markets or less developed countries may face more political, economic or structural challenges than developed countries.