Please read the following IMPORTANT INFORMATION before proceeding as it explains certain restrictions on the distribution of the information available on this Website.

I. Aurelia Website

This Website (hereinafter referred to as the "AURELIA Website") is operated by Aurelia Research (Bermuda) Limited (hereinafter "Aurelia"), a company based in Hamilton, Bermuda. Aurelia and its related companies are referred to on this Website as the "Aurelia Group"

II. Access

Access to the Aurelia Website is forbidden to any person in any jurisdiction (by way of domicile, residence, nationality or otherwise) where the publication or availability of the Aurelia Website would result in a violation of any applicable law or regulation. The Aurelia Website is, in particular, not directed at residents of the United States, the United Kingdom, Switzerland or Bermuda. If you are from such a jurisdiction, you are not authorized to proceed on the Aurelia Website and must exit this Website immediately. If you are not from such a jurisdiction, you may proceed on the Aurelia Website after reading and agreeing to the following terms and conditions.

III. Local Restrictions

III.i. General

The Aurelia Website does not constitute or form part of an offer or solicitation to sell, or an invitation to subscribe for, shares or units in investment funds or other securities, or an offer to provide investment advisory services or other services referred to on this site. Offers to sell securities, and subscription and deposits for them, may be made or taken only by direct or indirect subsidiaries of Aurelia or its affiliates which are authorized to do so, and will not be made or accepted to or from any investors in any jurisdiction where such activity would violate local laws or regulations.

III.ii. United States

Aurelia will not provide the products and services described in the Aurelia Website to U.S. Persons, as defined under the United States Securities & Exchange Act of 1933, as amended (hereinafter referred to as the "Securities Act"). The units or shares described on the Aurelia Website will not be registered under the Securities Act or any other applicable United States securities laws (including, without limitation, any applicable law of any of the States of the United States). They may not be directly or indirectly offered or sold in the United States or any of its territories and possessions or areas subject to its jurisdiction or to or for the benefit of a U.S. Person. By proceeding, you are warranting that you are not a U.S. Person.

III.iii. United Kingdom

The services, information and opinions maintained on the Aurelia Website are not being offered to persons accessing the internet from the U.K. Such information is therefore directed only to countries other than the U.K. (and the U.S.). By proceeding, you are warranting that you are not a U.K. Person.

III.iv. Switzerland

The services, information and opinion maintained on the Aurelia Website are not being offered to persons accessing the Internet from Switzerland. By proceeding, you are warranting that you are not a Swiss Person.

III.v. Bermuda

The services, information and opinion maintained on the Aurelia Website are not being offered to persons accessing the Internet from Bermuda. By proceeding, you are warranting that you are not a Bermudian.

IV. Copyright

All information available on the Aurelia Website is under copyright of Aurelia Research (Bermuda) Limited ( or/ and Aurelia Group ) without prejudice to the copyright of third parties. Nothing in this Website shall be construed as granting any license or rights to use any image, trademark, service mark or logo of the Aurelia Group. In no event may you acquire title to any software or material by downloading, or otherwise copying, from the Aurelia Website. The Aurelia Group reserves its rights with respect to copyright and trademark ownership of all information on the Aurelia Website and will enforce such rights to the full extent of applicable law.

V. No Reliance / no Representation or Warranty

The information made available on the Aurelia Website has been prepared by the Aurelia Group, which has taken all reasonable care to ensure that it is fair, accurate and complete, but the Aurelia Group makes no representation or warranty, express or implied, as to the accuracy, completeness or fitness for any purpose or use of the said information.

Aurelia cannot guarantee that the information found on the Aurelia Website has not been distorted as a result of technical malfunctions (disconnection, interference by third parties, viruses, etc).

Nothing contained on the Aurelia Website shall be construed as a specific investment, legal, tax or other advice. Any information or opinions found thereon may have no relevance to the specific investment objectives, financial situation or particular needs of any specific recipient of the said information. You should always obtain relevant, personal and specific professional advice before making any investment decision. The information or opinions contained on the Website are provided for personal and informational purposes only and are subject to change without notice.

The value of investments in any securities, derivative products or mutual funds may go down, as well as up, and, as a result, the investor may not get back the amount originally invested. Past performance is not a guide to future performance.

VI. Material Interests

The Aurelia Group and/or its members, partners, directors, officers and employees may have or may have had an interest or positions in, or may, as market makers, trade or have traded in the securities described on the Aurelia Website. Furthermore, such entities or persons may have or may have had a seat on the executive boards of the companies issuing such securities.

VII. Limitations on Liability

To the extent permitted by law, the Aurelia Group, its members, partners, directors, officers and employees will not be liable, including in the case of negligence, for any loss or damages of any kind, including but not limited to any direct, indirect or consequential damages, arising out of or related to the access of, use of, browsing in, or downloading from the Aurelia Website or any other site linked with the Aurelia Website.

VIII. Linked Websites

The Aurelia Website may contain links to other Websites controlled or offered by third parties. Aurelia has not reviewed, and hereby makes no representation or warranty for any information or material available at any of such linked Websites. By linking a third-party Website to the Aurelia Website, Aurelia does not endorse or recommend any products or services offered on such third-party Website.

IX. Mutual Funds

The Aurelia Website contains information on a large number of mutual funds which are registered and managed in different jurisdictions. You will be requested to inform us about your place of residence before you can access any specific information on such funds. Consequently, your access will be limited to the funds registered for sale in your country of residence.

X. Governing Law

Use of the Aurelia Website shall be made subject to the laws of Bermuda, which shall exclusively govern the interpretation, application and effect of all the above conditions of use. The courts of Hamilton, Bermuda shall have exclusive jurisdiction over all claims or disputes arising in relation to, out of or in connection with the Aurelia Website and its use.