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s in Hong Kong. The information memorandum in relation to any interest and/or investment referred to in this Presentation has not been approved by the Securities and Futures Commission of Hong Kong. Accordingly (a) any interests or securities may not be offered or sold and have not been offered or sold in Hong Kong, by means of a
d (ix) complex tax structures and delays in distributing important tax information to investors. The representative of the Fund in Switzerland is Hugo Fund Services SA, 6 Cours de Rive, CH-1204 Geneva (the "Representative"). The offering documents, articles of association and audited financial statements can be
s in Hong Kong. The information memorandum in relation to any interest and/or investment referred to in this Presentation has not been approved by the Securities and Futures Commission of Hong Kong. Accordingly (a) any interests or securities may not be offered or sold and have not been offered or sold in Hong Kong, by means of a
d (ix) complex tax structures and delays in distributing important tax information to investors. The representative of the Fund in Switzerland is Hugo Fund Services SA, 6 Cours de Rive, CH-1204 Geneva (the "Representative"). The offering documents, articles of association and audited financial statements can be
s in Hong Kong. The information memorandum in relation to any interest and/or investment referred to in this Presentation has not been approved by the Securities and Futures Commission of Hong Kong. Accordingly (a) any interests or securities may not be offered or sold and have not been offered or sold in Hong Kong, by means of a
d (ix) complex tax structures and delays in distributing important tax information to investors. The representative of the Fund in Switzerland is Hugo Fund Services SA, 6 Cours de Rive, CH-1204 Geneva (the "Representative"). The offering documents, articles of association and audited financial statements can be
s in Hong Kong. The information memorandum in relation to any interest and/or investment referred to in this Presentation has not been approved by the Securities and Futures Commission of Hong Kong. Accordingly (a) any interests or securities may not be offered or sold and have not been offered or sold in Hong Kong, by means of a
d (ix) complex tax structures and delays in distributing important tax information to investors. The representative of the Fund in Switzerland is Hugo Fund Services SA, 6 Cours de Rive, CH-1204 Geneva (the "Representative"). The offering documents, articles of association and audited financial statements can be
Entities connected to both the Securities and Futures Commission and Hugo Fund Services

Geneva
LOCATIONthe Securities Commission
ORGANIZATIONthe Capital Market Authority
ORGANIZATIONSt. Kitts
LOCATIONNevis
LOCATIONGlendower
LOCATIONthe Qatar Central Bank
ORGANIZATIONthe Monetary Authority of Singapore
ORGANIZATION
New Zealand
LOCATION
Malaysia
LOCATIONBanque Cantonale de Geneve
ORGANIZATIONthe Securities and Futures Ordinance
ORGANIZATIONthe Guernsey Financial Services Commission
ORGANIZATION
United Kingdom
LOCATIONKanto Local Finance Bureau
ORGANIZATIONJapan Investment Advisers Association
ORGANIZATIONthe State of Israel
LOCATION
HAITI
LOCATION
Columbia University
LOCATIONthe Securities and Exchange Commission
ORGANIZATION