Disclaimer

Trinetra Emerging Markets Growth Trust

Important Information

This document has been prepared by Trinetra Investment Management LLP (“Trinetra”) solely for the purpose of providing background information to the person to whom it has been delivered.  This fact sheet is issued by The Trust Company (RE Services) Limited ABN 45 003 278 831, AFSL 235150 (TTCRESL) as responsible entity of, and issuer of units in, the Trinetra Emerging Markets Growth Trust ARSN 629 674 040 (the Fund).  The information contained herein is strictly confidential and is only for the use of the person to whom it is sent and/or who attends any associated presentation.  The information contained herein may not be reproduced, distributed or published, in whole or in part, by any recipient to any third parties without the prior written consent of Trinetra.  Trinetra is authorised and regulated by the Financial Conduct Authority (Firm Reference Number: 772919). The Fund is a 'feeder fund' meaning that it indirectly gains exposure to underlying asset classes by investing all or substantially all of its assets in the Trinetra Emerging Markets Growth Fund (the Underlying Fund), a sub-fund of Trinetra UCITS ICAV. The Trinetra UCITS ICAV is managed by Carne Global Fund Managers (Ireland) Limited and it is authorised by the Central Bank of Ireland with Reference Number C167437. The Management Company of the Trinetra UCITS ICAV has appointed Trinetra Investment Management LLP as the investment manager of the Underlying Fund.

The summary description included herein, and any other materials provided to you are intended only for information purposes and convenient reference and are not intended to be complete. This information is not intended to provide and should not be relied upon for accounting, legal or tax advice or investment recommendations.  You should consult your tax, legal, accounting, financial or other advisors about the issues discussed herein. 

Investments in the Fund are speculative and involve a high degree of risk.  The Fund may utilise leverage, which can make performance volatile.  There is no secondary market for units in the Fund and none is expected to develop.  There are also restrictions on transferring units and redeeming units from the Fund.  No guarantee or representation is made that the Fund’s investment program, including, without limitation, the Fund’s investment objectives, diversification strategies, or risk monitoring goals, will be successful, and investment results may vary substantially over time.  Investment losses may occur from time to time.  Nothing herein is intended to imply that the Fund’s investment methodology may be considered “conservative”, “safe”, “risk free” or “risk averse”.  Performance figures quoted in this document are calculated using exit prices net of fees and assuming reinvestment of distributions. No reduction is made to the unit price (or performance) to allow for tax you may pay as an investor. PAST PERFORMANCE IS NOT INDICATIVE NOR A GUARANTEE OF FUTURE RESULTS.  NO ASSURANCE CAN BE MADE THAT PROFITS WILL BE ACHIEVED OR THAT SUBSTANTIAL LOSSES WILL NOT BE INCURRED.

The distribution of this document may be restricted in certain jurisdictions.  This document is not intended for distribution to, or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation, and it is the responsibility of any person or persons in possession of this document to inform themselves of, and to observe, all applicable laws and regulations of any relevant jurisdiction.

This fact sheet is provided for general information purposes only and is not to be construed as solicitation of an offer to buy or sell any financial product. Accordingly, reliance should not be placed on this document as the basis for making an investment, financial or other decisions. This information does not take into account your investment objectives, particular needs or financial situation. Whilst every effort is taken to ensure the information in this document is accurate, its accuracy, reliability or completeness is not guaranteed. A Product Disclosure Document (PDS) issued by TTCRESL dated 14 November 2018 is available for the Fund. You should obtain and consider the PDS for the Fund before deciding whether to acquire, or continue to hold, an interest in the Fund. Initial Applications for units in the Fund can only be made pursuant to the application form attached to the PDS.

Neither TTCRESL or the investment manager of the Fund, Trinetra, guarantee repayment of capital or any particular rate of return from the Fund. Statements of fact in this report have been obtained from and are based upon sources that TTCRESL and Trinetra believe to be reliable. 

All opinions and estimates included in this report constitute TTCRESL and Trinetra’s judgement as at the date of this communication and are subject to change without notice. This document is not intended for distribution in the United States or for the account of US persons (as defined in Regulation S under the US Securities Act of 1933, as amended (the “Securities Act”)) except to persons who are “qualified purchasers” (as defined in the US Investment Company Act of 1940, as amended (the “Company Act”)) and “accredited investors” (as defined in Rule 501(a) under the Securities Act).  Trinetra is not registered with the US Securities and Exchange Commission as an investment adviser.  The Fund is not, and will not be, registered under the Securities Act, the Company Act or the securities laws of any of the states of the United States and interests therein may not be offered, sold or delivered directly or indirectly into the United States, or to or for the account or benefit of any US person, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of such securities laws.

For the purpose of the UK Financial Services and Markets Act 2000 this publication has been approved by Trinetra Investment Management LLP. This material is communicated in accordance with Article 14 (investment Professionals), Article 21 (Certified high net worth individuals) and Article 22 (High net worth companies of the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001, or any exemption made available by the FCA in section 4.12 of its Conduct of Business Sourcebook. 

The Fund has not been and cannot be registered with the Swiss Financial Market Supervisory Authority and the units in the Fund cannot be distributed in Switzerland to non-qualified investors. Any distribution of the units in the Fund in Switzerland will be exclusively made to, and directed at, regulated qualified investors, as defined in Article 10 (3)(a) and (b) of the Collective Investment Schemes Act dated June 23, 2006 and revised on September 28, 2012.

No reliance may be placed for any purpose on the information and opinions contained in this document or their accuracy or completeness.  Trinetra and TTCRESL believes the information or opinions contained in this document to be reliable but does not warrant its accuracy or completeness.  The estimates, investment strategies, and views expressed in this document are based upon current market conditions and/or data and information provided by unaffiliated third parties and is subject to change without notice.

Trinetra Investment Management LLP is exempt from the requirement to hold an Australian financial services licence under the Corporations Act in respect of the financial services provided and is regulated by the Financial Conduct Authority of the United Kingdom under laws of the United Kingdom, which differ from Australian laws.