Terms and Conditions

RISK DISCLOSURE

This document has been prepared by Black Marlin Investment Fund PCC, for information only and only for use in those jurisdictions in which the funds may be marketed. It is not a solicitation, or an offer, to buy or sell any security. The information on which parts of the document are based is deemed to be reliable but we have not independently verified such information and we do not guarantee its accuracy or completeness. It should be remembered that the value of shares in these funds and any income produced from them can go down as well as up. Investors may not get back the value of their original investment. Past performance cannot be relied on as a guide to the future as income from investments may fluctuate. Changes in exchange rates may have an adverse effect on the value.

Black Marlin Investment Fund PCC was incorporated as a company on 21 March 2011 limited by shares under the laws of the Republic of Mauritius with company number 101490 C1/GBL. Its registered office is at Ebène House, 3rd Floor, 33 Cybercity, Ebène, Mauritius. It is the holder of a category 1 Global Business Licence issued by the Financial Services Commission in terms of the Financial Services Act 2007 of Mauritius. The Company is permitted to operate as a Collective Investment Scheme under the Securities Act 2005 of Mauritius.

The Asset Manager of the funds is Black Marlin Asset Management Ltd that was incorporated as a private company on the 22 December 2010 limited by shares under the laws of the Republic of Mauritius with company number 099669 C1/GBL. Its registered office is at Ebène House, 3rd Floor, 33 Cybercity, Ebène, Mauritius. It is the holder of a category 1 Global Business Licence issued under section 72(6) of the Financial Services Act 2007 of Mauritius which permits it to provide asset management services to the Fund. The asset manager is licensed by the Financial Services Commission of Mauritius to act as such.

RISK DISCLOSURE STATEMENT

The prices of securities units may fluctuate, and some securities may fluctuate widely in price according to market factors, the nature of the type of security concerned, and the term over which it is held. The price of any security may move up or down. If it moves down, losses can be incurred which in some circumstances may extend to the full amount of the investment. Past performance is not necessarily a guide to future performance. For further information and a copy of the scheme particulars, as well as the latest reports and accounts available contact: Black Marlin Investment Fund PCC.