LEGAL DISCLAIMERS
This Alternative Investment Fund (AIF) is intended exclusively for, and may only be distributed to qualified investors/professional clients. The AIF and this marketing material is not for retail clients and for information purposes only, does not constitute an offer or a recommendation to buy or sell financial products or services, is personal to each recipient and may only be used by those persons to whom it has been handed out.
RISK FACTORS
Investors should carefully consider the product’s risks as detailed in the fund offering documentation. The risks related to alternative investments generally include, without limitation:
Alternative investments are speculative, involve complex instruments, and carry a high degree of risk. Such investments generally involve additional risks including higher levels of borrowing, limited transferability of investments, reduced investor protection, and less information to investors than would apply in major securities markets. An investment should only be made by those persons who could sustain a loss on their investment and is only suitable for professional investors.
Investments can be subject to illiquidity, meaning there may be no buyer or seller available when the investor desires to invest or divest.
The value of investments may be affected by uncertainties such as political developments, changes in government policies, changes in taxation, restrictions on foreign investments and currency repatriation, unfavorable exchange rate movements, and other developments in the laws and regulations of countries in which investments are made. This product may include investments in emerging markets. Emerging markets investments present heightened political risks, economic risks, credit risks, exchange rate risks, market liquidity risks, legal risks, settlement risks, market risks, shareholder risk, and creditor risk.
Additional risks of alternative investments include: (i) substantial or total loss on the investment due to extensive use of debt capital, (ii) incentives to make investments that are riskier or more speculative due to performance based compensation, (iii) volatility of returns, (iv) potential lack of diversification and resulting higher risk due to concentration, (v) high fees and expenses that may offset profits, (vi) no requirement to provide periodic pricing or valuation information to investors, (vii) complex tax structures and delays in distributing important tax information, (viii) fewer regulatory requirements than registered funds, (ix) credit risks i.e. the failure of counterparties to meet contractual financial obligations, and (x) operational risk due to insufficient internal processes or systems, misbehavior of staff or external circumstances.
Liquidity risk in semi-liquid funds with exposure to private markets means that these funds may face challenges when trying to convert their assets into cash. This can impact the fund’s ability to meet investor redemption requests. Redemptions from this fund are restricted to 5% of the net asset value on each quarterly redemption day. During periods of financial stress or high redemption demand, no assurances can be provided as to the ability of investors to redeem their shares at any given time.
IMPORTANT INFORMATION
This marketing material was produced by LGT Capital Partners (hereafter “LGT CP”) on behalf of the Alternative Investment Manager (“AIFM”) for the Alternative Investment Fund ("AIF") with the greatest of care and to the best of its knowledge and belief.
The AIF mentioned in this marketing material (further referred to as the ”Product“) is domiciled in Luxemburg and this marketing material is issued by LGT Capital Partners (Ireland) Ltd., 3rd floor, 30 Herbert Street, Dublin2, Ireland.
LGT CP provides no guarantee with regard to its content and completeness, and does not accept any liability for losses which may arise from making use of this marketing material. This marketing material is not a prospectus and does not constitute an offer or a recommendation to buy or sell financial instruments or services. This marketing material is provided for informational purposes only. The Product will not be marketed to retail investors. For full details of the Product features and of the opportunities, risks, and costs associated please see the corresponding legal documents, i.e. where applicable and available the sales prospectus, the private placement memorandum, the management regulations or articles of incorporation, the Key Information Document and the annual and half-yearly reports or the annual financial statements (further referred to as the “Product Documents”). The information and opinions contained in this marketing material come from the initiator or from other sources that LGT CP deems to be reliable. It can change without prior notice at any time. Unless stated otherwise, the indicated numbers have not been audited. However, this product may therefore be purchased only on the basis of the most recent Product Documents. The information and opinions contained in this marketing material constitute merely promotional communication, and not investment advice. Under no circumstances may reading this marketing material be a substitute for a personal consultation with a professional advisor before making any investment decision. Past Performance is not a guarantee, nor an indication of current or future performance. Future performance is subject to taxation which depends on the individual situation of each investor and may change in the future. LGT CP may receive consideration from third-parties in exchange for distribution and other services, either as single or recurring payments. The information is valid only at the time this marketing material was produced. A change in the economic environment, possible changes in the law, and other events may cause future performance to deviate from that indicated in this marketing material. This applies particularly to statements regarding returns and taxes. Every investment involves risk, especially with regard to fluctuations in value and return. Investments in foreign currencies involve the additional risk that the foreign currency may lose value against the investor's reference currency. Benchmarks and indices are shown for illustrative purposes only, may be unavailable for direct investment, may assume reinvestment of income, and have limitations when used for comparisons because they have volatility, credit, and other material characteristics, such as number and types of securities, that are different from the product. This marketing material is intended for the recipients individual and exclusive use. It may not be reproduced either in part, or in full without the written permission of LGT CP. It is not intended for persons who, due to their nationality, place of residence, or any other reason are not permitted access to such information under local law. Neither this marketing material nor any copy thereof may be sent, taken into or distributed in the United States or to any U.S. person. Any Product Documents may be obtained free of charge from LGT CP upon request. Please refer to the end of the document for additional information.
Investors should read the complete description of fund aims, risks, costs, charges, terms and conditions set out in the fund’s offering documentation prior to investing.
Australia and New Zealand: This information material is distributed in Australia and New Zealand by LGT Capital Partners (Australia) Pty Limited (ACN 168 969 640; AFSL 461974) and is directed in Australia to wholesale clients only, as defined within the meaning of Part 7.1 of Australia’s Corporations Act 2001, and in New Zealand to wholesale investors, as defined within the meaning of clause 3(2) of Schedule 1 of New Zealand’s Financial Markets Conduct Act 2013 (NZ). This information material was prepared as a private communication to wholesale clients and is not intended to be distributed or passed on, directly or indirectly, to any other class of persons in Australia or New Zealand or for public circulation or publication or for the use of any third party, without the approval of LGT Capital Partners (Australia) Pty Limited. The information material in this document is not intended to amount to investment, legal, tax or other advice or a recommendation to invest and has been prepared without taking into account any investor’s investment objectives, financial situation or needs. Certain information within this document has not been prepared specifically for Australian and New Zealand recipients. It: a) may contain references to Dollar amounts which are not Australian or New Zealand Dollars; b) may contain financial information which is not prepared in accordance with Australian or New Zealand law or practices; c) may not address risks associated with investment in foreign currency denominated investments; and d) does not address Australian or New Zealand tax issues. The recipient should obtain a copy of the offer documents and should consider the appropriateness of the information having regard to their own situation. LGT Capital Partners (Australia) Pty Limited and its directors or employees advise that they and persons associated with them may have an interest in the financial products discussed and that they may receive brokerage, commission, fees and other benefits and advantages, whether pecuniary or not, and whether direct or indirect, in connection with the financial products or services. This information material is not intended as an offer or solicitation for the purchase or sale of any financial product. Whilst this information material is based on information from sources which LGT Capital Partners (Australia) Pty Limited considers reliable, its accuracy and completeness cannot be guaranteed. Data are not necessarily audited or independently verified. Any opinions reflect LGT Capital Partners (Australia) Pty Limited’s judgement at this date and are subject to change. LGT Capital Partners (Australia) Pty Limited, its associates, its directors and employees do not accept any liability for the results of any actions taken or not taken on the basis of information in this information material, or for any negligent misstatements, errors or omissions.
