GENERAL TERMS AND CONDITIONS

1. Units are traded at the daily ruling prices and will be repurchased by the Fund Manager in accordance with the Capital Markets (Collective Investment Schemes) Regulations, 2001 and on terms and conditions set out in the relevant Trust Deed.
2. Unit prices may go up as well as down and past performances are not necessarily a guide to future performance.
3. The Fund Manager retains the right to suspend redemption in limited circumstances.
4. Completed application forms and notification of deposits/cleared funds must be received for the investment to be executed. Subscriptions monies in cleared funds received will be dealt with on the next Dealing Day.
5. The investor and/or his/her financial advisor shall at all times be responsible for ensuring that the unit trust and its representatives receive any instructions from the investor and/or financial advisor, whether by e-mail or postal mail where applicable and that such instructions are complete and correct in all respects.
6. Investors are reminded that in certain specified circumstances their right to redeem their units may be suspended.
7. No third-party cheques are allowed. Payments made by a third party on behalf of an investor will need to be supported by further documentation.
8. All transaction charges on purchasing securities shall be borne by the Fund and not the Fund Manager.
9. The subscriber by executing this agreement confirms that they have had provided to them and that they have read and understood the contents of the Fund’s Information Memorandum and that they shall be bound by the terms of its Trust Deed as amended from time to time.
10. In the event of a Force Majeure, including but not limited to an Act of God, war or other military action, political or social unrest, government action, action of terrorism, boycott, embargo, or other form of sanction, strike or other industrial dispute, fire, flood, earthquake or other form of natural disaster, adverse weather conditions, explosion, failure of communications, system default of carrier, sudden and unforeseen changes in market confidence that adversely impact the Fund’s liquidity position, sudden unforeseeable changes in bank interest rates, market conditions or economic crashes and downturns or any other cause, event or circumstance whatsoever beyond the Fund Manager’s reasonable control, it shall forthwith notify the Applicant of the nature and extent thereof. The Fund Manager shall not be deemed to be in breach of this Agreement or otherwise liable to the Applicant by reason of any delay or non-performance of any of its obligations hereunder to the extent that such delay or non- performance is due to a Force Majeure event which it has notified to the Applicant. If the Force Majeure event in question prevails or continues for a period in excess of six (6) months the parties shall enter into bona fide discussions with a view to alleviating its effects and to preserve the value of the Fund or agreeing upon such alternative arrangements as may be fair and reasonable. The Fund Manager may also address such Force Majeure event through a variety of solutions, including but not limited to extending Investment Tenors or in any other manner that is provided for in the Trust Deed.