You are about to access a restricted area of Highgate Wealth Management (Highgate) website ("the Restricted Area"). Please read the following terms of access ("the Terms of Access") carefully. These Terms of Access apply to all such information concerning investment funds as may be supplied by Highgate Wealth Management in electronic form. Such information concerning investment funds supplied by Highgate Wealth Management in electronic form includes any electronic information tool (each one separately or together: the "Sites"), including its components, functions and information contained in or generated out of the Sites (each one separately or together: the "Elements") provided by Highgate Wealth Management.

By accessing the Restricted Area or any of their Elements you indicate your understanding of and agreement with the following Terms of Access and legal information pertaining to the Sites and their Elements. If you do not agree with the following Terms of Access, please refrain from accessing in any way any of the Sites and their Elements. The access and use of the Sites and their Elements as well as the following Terms of Access and legal information are governed exclusively by the laws of Switzerland. Exclusive Place of Jurisdiction is Zurich, Switzerland. Terms of Access for access and use of the Sites and/or their Elements are subject to change without notice.

Terms of Access

The information provided on the Restricted Area is not intended for distribution to, or used by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation or which would subject Highgate Wealth Management to any registration requirement which such jurisdiction or country. Persons or entities to whom such restrictions apply must not access the Restricted Area.

Highgate Wealth Management ("Highgate") is not licensed by the Swiss Federal Banking Commission to represent or to distribute the investment funds mentioned in the Restricted Area in Switzerland or from Switzerland. Therefore access to the Restricted Area is restricted to institutional investors having a professional treasury and subject to successful identification. Any and all information contained in the Restricted Area is solely directed at such institutional investors. It is forbidden to directly or indirectly distribute information or to grant access to information contained in the Restricted Area to other persons than such institutional investors without the explicit approval of Highgate.

The Highgate investment funds have particularly NOT been registered for public distribution, offering or sale in the United States according to the U.S. Investment Company Act of 1940 or according to the U.S. Securities Act of 1933, nor in the United Kingdom, Canada, Japan, Taiwan, Malaysia, Hong Kong, Brazil or Israel according to their respective laws. Therefore it is clearly understood that the Restricted Area is not directed at corporations or individuals that have their domicile or residence within the aforementioned countries, its territories or dependencies or that are subject to those countries jurisdiction due to citizenship or similar statuses.

Investment Risks

Please be aware that shares of investment funds involve investment risks, including the possible loss of the principle amount invested. Past performance with respect to value or earnings does not guarantee or indicate future value or earnings. The principal value and return on an investment in any investment fund will fluctuate so that an investor's shares may be worth more or less when redeemed than the original principal value when acquired. Because of ongoing market volatility, the fund's performance may be subject to significant short-term changes. Please read the Investment Policy in the Prospectus and/or the Fund Regulations to find out about the specific risks inherent to a particular fund. The funds may also invest in foreign currencies (from the respective fund's reference currency view). This poses the additional risk of a fluctuation in currency exchange rates.

Fund Documents / Legal Notice

Investments should only be made after reading very carefully the latest Prospectus and/or the Fund Regulations, annual and semi-annual reports, articles of association (where applicable) as well as any other document that may be required by local laws or regulations in the jurisdictions where the respective fund is registered for public distribution, offering or sale. All of these documents can be obtained free of charge from Highgate Wealth Management.

You hereby acknowledge that you have read the Terms of Access for the restricted part of Highgate website  in particular the limitation to institutional investors having a professional treasury  and to fully consent to the Terms of Access as well as the terms and conditions of use of the Highgate Website (Disclaimer), which in particular contain clauses on the following topics: specific terms of access; destination of the sites; no recommendation or offer to subscribe (or buy) or redeem (or sell); exclusion of liability for contents and functions of sites; linked sites; confidentiality; investment risks; fund documents / legal notice; as well as applicable law and place of jurisdiction.