Disclaimer
Important UK Regulatory Information
The Matrix range of UCITS funds (the “Funds”) are open-ended sub-funds of the Matrix UCITS Funds plc, an umbrella fund with segregated liability between sub-funds, incorporated with limited liability as an investment company with variable capital under the laws of Ireland with registered number 474351.
An investment in the Funds is speculative and may not be appropriate for all potential investors. The value of an investment and income from it can go down as well as up and may be affected by exchange rate variations. Investors may not get back the amount invested. Initial charges are likely to have a greater proportionate effect on returns if investments are liquidated in the shorter term. Current tax levels and reliefs will depend on the nature of the holdings. Past performance is not a guide to future performance. Prospective investors should conduct their own investigation and analysis of the Funds and consult its/their own professional tax, accounting, financial or other advisors as to the risks involved in making such as investment.
This information is for your private information and is for discussion purposes only. Nothing contained herein constitutes investment, legal, tax or other advice nor is it to be solely relied on in making an investment or other decision. It is not an invitation to make an investment in the Funds nor does the information, recommendations or opinions expressed herein constitute an offer for sale of the Funds.
Any offering of the Funds can be made only by means of a Fund’s prospectus and applicable Supplement (together, the “Prospectus”) and applications for a Fund will only be considered on the terms of the current Prospectus. Copies of the full and simplified Prospectus may be obtained free of charge from Matrix Money Management Limited, One Vine Street, London W1J 0AH, UK.
This information is not comprehensive and must therefore be read in conjunction with the Prospectus, which contains material information not contained herein, including the terms of investment and information regarding investment risks and restrictions, fees and expenses and conflicts of interests.
Potential investors should pay particular attention to the risk disclosure in the relevant Fund Prospectus. An investment in the Funds is suitable only for experienced investors who are capable of evaluating and accepting the merits and risks involved and who have sufficient resources to be able to bear losses which may result from such an investment. It should be borne in mind that the risks involved in the types of investment which are included in the relevant Fund’s investment strategy are greater than those normally associated with other types of investment. All prospective investors should carefully consider the relevant Fund’s investment objective. No assurance can be given that the Funds’ investment objectives will be achieved or that the Funds will generate a positive return.
In order to implement their investment strategy, the Funds invest in one or more financial derivative instruments (“FDIs”) in the form of swaps. While the use of FDIs can be beneficial, they also involve risks different from, and in certain cases, greater than the risks presented by more traditional investments. The Funds may incur losses greater than their initial investments into FDIs (although shareholders will not incur any liabilities beyond their initial investment). FDIs may be subject to sudden, unexpected and substantial price movements which may be influenced by factors such as interest rates, currency exchange rates and economic and political events which are not predictable. FDIs do not always perfectly or even highly correlate or track the value of the securities, rates or indices they are designed to track. For all these reasons, an investment in the Funds is considered to be high risk and will not be appropriate for all potential investors. Investors should not invest in the Funds unless they are prepared to lose a substantial portion of their initial investment.
The Funds are subject to the risk of insolvency of their counterparties.
The Funds are able to gain market exposure in excess of their net asset value which can increase or decrease the value of shares to a greater extent than would have occurred had no additional market exposure beyond the Funds’ net asset value been in place.
Ancillary to the investment strategy, the Funds may also retain amounts in cash and cash equivalents if this is considered appropriate to the investment strategy.
Investments in the Funds are expected to have weekly liquidity. No secondary market is expected to develop for the Funds’ shares.
Investments denominated in currencies other than that of an investor’s base currency will be subject to changes in exchange rates.
Whilst every effort is made to ensure the accuracy of this information, no representation or warranty stated or implied is made or given by any persons as to the accuracy or completeness of the information and no responsibility or liability is accepted for such information or opinion.
Selling Restrictions
The Funds may only be offered and distributed to investors in accordance with all relevant local laws and regulations. Shares are not available for sale in any state or jurisdiction in which such sale would be prohibited.
It is the duty of prospective applicants for the Funds to inform themselves of, and to observe, all applicable laws and regulations of any relevant jurisdiction. In particular, prospective applicants should inform themselves as to the legal requirements of so applying, and any applicable exchange control regulations and taxes in the countries of their respective citizenship, residence or domicile.
Important Information for Prospective Investors in the United Kingdom
The Funds are open-ended sub-funds of the Matrix UCITS Funds plc (the“Company”), an umbrella fund with segregated liability between sub-funds, incorporated with limited liability as an investment company with variable capital under the laws of Ireland with registered number 474351. The Company is a recognised collective investment scheme (a “recognised scheme”) for the purposes of section 264 of the Financial Services and Markets Act 2000 (“FSMA”) of the United Kingdom.
Important Information for United States Persons
The shares of the Funds have not been registered under the US Securities Act of 1933, as amended, and the Funds are not registered under the US Investment Company Act of 1940, as amended. Neither this material nor the Funds’ shares are available to or suitable for US persons.
