Important note: DUBAI INTERNATIONAL FINANCIAL CENTER (DIFC):
Please note that the Prospectus contained in this website relates to Funds which are not subject to any form of regulation or approval by the Dubai Financial Services Authority ("DFSA"). The DFSA has no responsibility for reviewing or verifying any Prospectus or other documents in connection with these Funds. Accordingly, the DFSA has not approved this Prospectus or any other associated documents nor taken any steps to verify the information set out in this Prospectus, and has no responsibility for it. The Units to which this Prospectus relates may be illiquid and/or subject to restrictions on their resale. Prospective purchasers should conduct their own due diligence on the Units. If you do not understand the contents of this document you should consult an authorized financial adviser.
FOR UNITED ARAB EMIRATES (EXCLUDING DUBAI INTERNATIONAL FINANCIAL CENTRE AND ABU DHABI GLOBAL MARKET) RESIDENTS ONLY:
A copy of this Prospectus has been submitted to the UAE Securities and Commodities Authority (the “SCA”). The SCA assumes no liability for the accuracy of the information set out in this prospectus, nor for the failure of any persons engaged by the investment fund in performing their duties and responsibilities. This document is only intended for those that fall under the definition of “Qualified Investor” as contained within the SCA’s Board’s Decision No. 9/R.M. of 2016 concerning Mutual Funds Regulations and the SCA’s Board Decision No. 3/R.M of 2017 concerning Promoting and Introducing Regulations, as amended pursuant to SCA Chairman Decision No. 37/R.M. of 2019, which includes: (1) an investor which is able to manage its investments on its own (unless such person wishes to be classified as a retail investor), namely: (a) the federal government, local governments, and governmental entities, institutions and authorities, or companies wholly-owned by any such entities; (b) foreign governments, their respective entities, institutions and authorities or companies wholly owned by any such entities; (c) international entities and organisations; (d) entities institutions and authorities or companies wholly owned by any such entities; (c) international entities and organisations; (d) entities licensed by the SCA or a regulatory authority that is an ordinary or associate member of the International Organisation of Securities Commissions (a “Counterpart Authority”); or (e) any legal person that meets, as at the date of its most recent financial statements, at least two of the following conditions: (i) it has a net revenues of AED150 million; (iii) it has total net equities or paid capital of AED 7 million; or (2) a natural person licensed by the SCA or a Counterpart Authority to carry out any of the functions related to financial activities or services; or (3) a natural person who meets the following conditions: (i) he has a net equity, excluding his main place of residence, of AED 4 million; (ii) he has an annual income of at least AED 1 million; and (iii) he acknowledges that he has the necessary know-how and experience in the type of investment he wishes to make and the risks associated with such investment, or that he is represented by an entity licensed by the SCA, provided that such representation is not in conflict with the conditions of the licence of such entity, (each a “Qualified Investor”). The relevant parties whose names are listed in this [document] shall assume such liability, each according to their respective roles and duties.
