NO RECOMMENDATION. NOTHING HEREIN SHOULD BE CONSTRUED AS AN OFFER, SOLICITATION OR RECOMMENDATION BY ENTRUST GLOBAL TO BUY OR SELL ANY FINANCIAL INSTRUMENT OR ENGAGE IN ANY OTHER TRANSACTION. REGISTERED USERS SHOULD NOT RELY UPON THIS DATA TO MAKE AN INVESTMENT DECISION.
PAST PERFORMANCE. PAST PERFORMANCE IS NOT AN INDICATION OF FUTURE RESULTS. PERFORMANCE SHOWN IS THAT OF THE ENTRUST GLOBAL FUND(S) IN WHICH YOU ARE INVESTED AND ASSUMES YOU MADE NO SUBSCRIPTIONS OR REDEMPTIONS DURING THE PERIOD. YOUR ACTUAL PERFORMANCE MAY DIFFER.
Risk of Loss. As with any investment, your capital is at risk. The value of any investment may fall as well as rise, including as a result of changes in the value of foreign exchange. You may not get back any or all of the amount that you originally invested.
Local Legal Restrictions. Not all securities, products or services described are available in all countries. This Website is not directed to any person in any jurisdiction where (by reason of that person’s nationality, residence or otherwise) the publication or availability of the Website is legally prohibited. Persons in respect of whom such prohibitions apply must not access this Website. The information provided on the Website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country that would subject EnTrust Global or any EnTrust Global product to any registration requirement within such jurisdiction or country.
Forward-Looking Statements. Statements made on the Website that look forward in time involve risks and uncertainties and are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Such risks and uncertainties include, but are not limited to, the adverse effect of a decline in the securities markets or a decline in EnTrust Global’s investment vehicles’ performance, a general downturn in the economy, competition from other companies, changes in government policy or regulation, inability of EnTrust Global to attract or retain key employees, inability of EnTrust Global to implement its operating strategy and acquisition strategy, inability of EnTrust Global to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations. Such forward-looking statements (or statements of future performance) are not a reliable indicator of future performance.
For the General Public:The password protected areas of the Website, and the information contained in or through those areas, may be accessed only by persons who have been authorized by EnTrust Global pursuant to the written representations and warranties or other information given by such persons. In particular, the expanded part of the Website for qualifying investors outside of the U.S. is directed solely to non U.S. persons and their advisors who are outside the United States and must not be relied upon by persons in the United States.
EnTrust Global believes that the information on the Website is accurate as of the date of publication. However, EnTrust Global makes no warranty of accuracy or completeness of the information, and shall not be liable for any losses or damages relating to the adequacy, accuracy or completeness of any information on the Website or the use of such information. The information on the Website is provided for information only and should not form the basis of an investment decision.
Sales of shares of or interests in the EnTrust Global investment vehicles (collectively, the “Shares”) are made on the basis of the relevant offering documentation only. Shares may not be offered in any jurisdiction in which such offer or solicitation is not authorized.
EnTrust Global and its subsidiaries do not provide investment advisory services to the public and nothing contained herein should be construed as an offer of EnTrust Global’s services or products.
EnTrust Global Partners Offshore LP does not have a place of business in the United Kingdom (U.K.).
EnTrust Global Ltd. is not registered in any capacity with the U.S. Securities and Exchange Commission and, therefore, does not provide investment advisory services to any person in the U.S.
There is no guarantee that any investment objective will be achieved or that losses will not occur. An investment in any Fund described herein is speculative and involves a high degree of risk. An investment is designed only for sophisticated investors who are able to bear the loss of their investment.
Statements regarding current conditions, trends or expectations in connection with the financial markets or the global economy are based on subjective viewpoints and may be incorrect.
Standard indexes herein do not represent benchmarks but are listed to show the general trends in the markets covered by those indexes. There is no guarantee that the relevant Fund’s investment portfolio will be similar to any index in composition or risk. Hedge fund indexes are included to reflect trends of various strategies in which EnTrust Global may invest. Index performance does not reflect fees and expenses.
Charts, tables and graphs contained in this document are not intended to be used to assist the reader in determining which securities to buy or sell or when to buy or sell securities.
For Non-U.S. Persons and their professional advisors generally:The information contained in the password protected portion of the Website is directed solely to non U.S. persons and their distributors and professional advisers. By entering this Website, you are certifying that you are not a U.S. person (including a resident of the United States, a corporation, partnership or other entity organized under U.S. laws, any estate of which any executor or administrator is a U.S. person or any trust of which any trustee is a U.S. person), or acting on behalf of a U.S. person. If you are not sure whether you are considered a U.S. person, please consult your legal adviser.
The information provided on the Website is not intended for distribution to, or use by, any person or entity in any jurisdiction where such distribution or use is prohibited, or that would subject EnTrust Global to any registration requirement within such jurisdiction. In particular, the expanded part of the Website for non-U.S. qualifying investors is directed solely to non-U.S. persons and their advisors who are outside the U.S. and must not be relied upon by persons in the U.S.
Australia: EnTrust Global Ltd. has been granted an exemption from the requirement to hold an Australian Financial Services License under the Australian Corporations Act 2001 in respect of the financial services provided to wholesale clients in Australia (“Exemption”). The Exemption was granted on condition that we alert you to this, and to the fact that EnTrust Global Ltd. is regulated by the FCA under applicable English laws which differ from Australian laws, and that any information contained on this Website in the course of providing financial services will be prepared in accordance with English regulatory requirements (and not Australian laws).
Nothing on this Website constitutes an offer of Shares or financial product advice to a ‘retail client’ (as defined in section 761G of the Corporations Act and applicable regulations).
Canada:Canadian institutions entering any password protected area of the Website will be required to represent to EnTrust Global that: (i) they are “accredited investors ” as such term is defined under Canadian National Instrument 45-106 – Prospectus Exemptions, and (ii) if the institution is resident in the province of Ontario or Quebec, that they are also “permitted clients” as defined under Canadian National Instrument 31-103 – Registration Requirements, Exemptions and Ongoing Registrant Requirements.
Dubai: EnTrust Global Ltd. (DIFC Branch) is registered in the Dubai International Financial Centre (“DIFC”) with No. 4602 and regulated by the Dubai Financial Services Authority (“DFSA”), reference number F007447, for the provision of the Financial Services of Advising on Financial Products and Arranging Deals in Investments. All communications and services are directed at Professional Clients only. Persons other than Professional Clients as defined in the DFSA Conduct of Business Rule 2.3.2, such as any Person who is classified as Retail Client, are NOT the intended recipients of our communications or services.
France:To the extent that material on the Website is issued in France, such issuance is by EnTrust Global SAS. EnTrust Global SAS is a French simplified joint-stock company, governed by French law, registered with the Paris Registry of Commerce and Companies, SIRET 532 384 195 00030, and is also authorized and regulated by the Autorité des marches financiers (the “AMF”) including as an AIFM under the AIFMD, authorization number GP-11000023.
EnTrust Global funds have not been submitted to, and have not been approved by, the AMF or any other regulatory authority in France. The information provided is not for general distribution in France. Any person who accesses this Website is hereby notified that no action has or will be taken that allows the offer and marketing of the Shares in France. Accordingly, the Shares of the EnTrust Global funds are not being marketed, offered, sold or delivered in France and neither this information nor any offering material relating to the Shares may be distributed or made available in France. Persons who are resident in France and who purchase/subscribe to Shares of the EnTrust Global funds will not have the benefit of any protection from the French regulators or regulations.
The information contained on this Website has not been approved by the SFC. Material on this Website is directed at professional investors in Hong Kong only.
Singapore:EnTrust Global (Singapore) Pte. Limited is licensed by the Monetary Authority of Singapore. The offer or invitation of shares of each of Fund (the “Shares”), which is the subject of this document, does not relate to a collective investment scheme which is authorized under Section 286 of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”) or recognized under Section 287 of the SFA. The Funds are not authorized or recognized by the Monetary Authority of Singapore (the “MAS”) and the Shares are not allowed to be offered to the retail public. This document and any other document or material issued in connection with the offer or sale is not a prospectus as defined in the SFA. Accordingly, statutory liability under the SFA in relation to the content of prospectuses would not apply. This document has not been registered as a prospectus with the MAS. Accordingly, this document and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of Shares may not be circulated or distributed, nor may Shares be offered or sold, or be made the subject of an invitation for subscription or purchase, whether directly or indirectly, to persons in Singapore other than (i) to an institutional investor under Section 304 of the SFA, (ii) to a relevant person pursuant to Section 305(1), or any person pursuant to Section 305(2), and in accordance with the conditions specified in Section 305, of the SFA, or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA.
United Kingdom: To the extent that material on the Website is issued in the UK, it is approved for the purposes of S.21 of the Financial Services and Markets Act 2000 by EnTrust Global Ltd., which is authorized and regulated by the U.K. Financial Conduct Authority (“FCA”), save where a particular part of the Website is directed at exempt recipients only.
EnTrust Global Ltd. does not exclude or restrict any duty or liability it may have in respect of the Website under the UK Financial Services and Markets Act 2000 or the FCA rules promulgated thereunder.
EnTrust Global funds are unregulated collective investment schemes for the purposes of the Financial Services and Markets Act 2000 of the U.K.
Persons dealing with agents of the EnTrust Global funds outside the U.K. or investing in the EnTrust Global funds may not be covered by the rules and regulations made for the protection of investors in the U.K. This means that they will not have the benefit of rights designed to protect investors under the Financial Services and Markets Act 2000 and under the rules of the Financial Conduct Authority. In particular, they may not benefit from the right to claim through the Financial Services Compensation Scheme for losses resulting from a default of obligations owed under relevant regulations.
UK Stewardship Code:FCA Conduct of Business Rule 2.2.3R, requires the investment firms which it covers to disclose the nature of their commitment to the UK Financial Reporting Council’s Stewardship Code (the “Code”) or, where they do not comply with the Code, the reasons for not doing so. The Code is voluntary and sets out a number of principles relating to engagement by investors with U.K. equity issuers.
EnTrust Global Ltd. does not generally invest directly in U.K. companies. As such, the Code is not generally applicable to EnTrust Global Ltd.’s investment management business. However, EnTrust Global does support the broad aims and objectives of the Code. We continue to maintain policies and procedures designed to identify and manage conflicts of interest as they arise, as well as a code of ethics policy to which all employees are bound. Proxy voting in respect of the underlying hedge funds and other assets in which EnTrust Global invests is conducted in accordance with our proxy voting policy, which is reviewed on an annual basis and updated as necessary.
United States: The information contained in the password protected area of the Website is directed solely to qualified U.S. institutions, including distributors and their professional advisers.
Although certain EnTrust Global entities are registered with the U.S. Securities and Exchange Commission as investment advisers under the U.S. Investment Advisers Act of 1940, securities issued by most of the EnTrust Global Funds have not been registered under the U.S. Securities Act of 1933, and have not been registered with, or approved by, the U.S. Securities and Exchange Commission, any state securities administrator or any other regulatory authority. The securities issued by such EnTrust Global Funds cannot be sold, transferred or pledged (although they may be redeemed as described in each fund’s offering documents) in the absence of such registration or the availability of an exemption therefrom. There is no public or other market for these securities, and no such market is expected to develop. Neither the U.S. Securities and Exchange Commission nor the securities regulatory authority or commission of any state of the United States has passed upon the value of the securities of the EnTrust Global Funds, made any recommendations as to their purchase, approved or disapproved any offering made by EnTrust Global Funds or passed upon the adequacy or accuracy of any information contained on the Website or in the offering documentation for the EnTrust Global Funds. Any contrary representation is a criminal offense.
Unless otherwise noted, EnTrust Global Funds have not been and will not be registered as investment companies under the U.S. Investment Company Act of 1940.
U.S. Persons, whether institutional or individual, entering any password protected area of the Website will be required to represent to EnTrust Global that they are “accredited investors” as such term is defined under the U.S. Securities Act of 1933, and “qualified purchasers” as such term is defined under the U.S. Investment Company Act of 1940. If you are a U.S. Person, by continuing to access the Website, you agree to immediately notify EnTrust Global if there is any change in your status as either an “accredited investor” or a “qualified purchaser”.