The distribution of this document maybe restricted in certain jurisdictions. It is the responsibility of any person or persons reading this document to inform themselves of ,and to observe, all applicable laws and regulations of any relevant jurisdiction including obtaining any governmental or other consent which maybe acquired or observing any other formality which needs to be observed in that jurisdiction.This document does not constitute or form part of any offer to issue or sell, or any solicitation or any offer to subscribe or purchase, any investment nor shall it or the fact of its distribution for m the basis of, or be relied on in connection with,any contract therefore. Any offer to sell investments in the future will be subject to the terms of a formal prospectus or equivalent document circulated at the time and not on the basis of the information contained in this document.This document has been prepared solely for the information of the person to whom it has been delivered and should not be passed on to any other person. The information contained herein may not be reproduced, distributed or published by any recipient for any purpose without prior written consent to Nemesis Group. Potential subscribers are advised to seek professional advice on the laws and regulations applicable to the subscription, purchase, holding, redemption and sale of shares in their countries of citizenship, residence or domicile. If you are uncertain about your position under the laws of the country in which the mail is being viewed then you should seek clarification by obtaining legal advice from a lawyer practicing in the country of your residence. Each investment in this product bears risks, such as value and profit fluctuations. Investments in foreign currencies may be subject to currency exchange rates. Past performance is not a guarantee of future returns. The value of investments may fall as well as rise. The performance data do not factor in the commissions and charges levied on the issue and redemption of units.