Important Information:
The information contained in this advertisement is in summary form and is not complete and is subject in all respects to the associated placement memorandum issued by The Fund and approved as a financial promotion under Section 21 of the Financial Services and Markets Act 2000 by LLP Services Limited (authorised and regulated by the Financial Services Authority in the UK).
Prospective investors should be aware that investment in the fund involves a high degree of risk. The value of an investment in the fund may go down as well as up and investors may not get back the amount originally invested. The investment may be illiquid until the fund is wound up after eight years. Prospective investors should review the “Risk Factors” set out in the placement memorandum. LCP is not authorised to give any investment advice to individual investors and if you require such advice it is recommended that you should contact your Financial Advisor.
This unregulated exchange traded fund is not regulated in Jersey. The Jersey Financial Services Commission has neither evaluated nor approved: (a) the scheme or arrangement of the fund; (b) the parties involved in the promotion, management or administration of the fund; or (c) this prospectus. The Jersey Financial Services Commission has no ongoing responsibility to monitor the performance of the fund, to supervise the management of the fund or to protect the interests of investors in the fund. Application has been made for the listing of the ordinary shares of the fund on the Channel Islands Stock Exchange.
Any reference to the London Olympics in 2012 is merely referring to the fact that it is taking place and not any endorsement or recommendation of the fund by the Olympic Delivery Authority or the British Olympic Association.
1% over the base rate is that of the specific financier of the Fund. The Sterling base rate of the financier of the Fund is normally identical to the Bank of England's base rate, or if it is commercially viable, the Fund can also fix its interest rates over LIBOR.
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