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The information on this website is for information purposes only.

Access to this site is restricted to Non-U.S. Persons outside the United States within the meaning of Regulation S under the U.S. Securities Act of 1933, as amended (the "Securities Act"). Each person accessing this site, by so doing, acknowledges that: (1) it is not a U.S. person (within the meaning of Regulation S under the Securities Act) and is located outside the U.S. (within the meaning of Regulation S under the Securities Act); and (2) any securities described herein (A) have not been and will not be registered under the Securities Act or with any securities regulatory authority of any state or other jurisdiction and (B) may not be offered, sold, pledged or otherwise transferred except to persons outside the U.S. in accordance with Regulation S under the Securities Act pursuant to the terms of such securities. Neither RenAsset Management nor any fund managed by RenAsset Management is registered under the United States Investment Advisers Act of 1940, as amended (the "Advisers Act").

The information on this website must not be accessed by, acted on, or relied on by persons in Russia who are not qualified investors within the meaning of Russian Securities Market Federal Law. Within Russia, only qualified investors may act on the investment or investment activity to which the information on this website relates.

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The information on this website should not be construed an offer or solicitation to sell shares in any company or fund or their securities, by anyone in any jurisdiction in which such offer, solicitation or distribution would be unlawful or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation.

Descriptions of any company or fund or their securities or the markets or developments mentioned herein are not intended to be complete. The information on this website should not be regarded by recipients as a substitute for the exercise of their own judgment and has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. All information and opinions on this site are subject to change without notice, and Renaissance Asset Managers (UK) Limited and its subsidiaries or affiliated companies, as appropriate ("RenAsset Management") are under no obligation to update or keep current the information contained on this site and accept no liability in respect of the accuracy or completeness of any information herein.

This document contains certain forward-looking statements with respect to RenAsset Management strategies or expectations. Forward-looking statements are typically identified by words or phrases such as "trend," "potential," "opportunity," "believe," "expect," "anticipate," "estimate," "position," "assume," "outlook," "continue," "remain," "maintain," "sustain," "seek," "achieve," and similar expressions, or future or conditional verbs such as "will," "would," "should," "could," "may" or similar expressions. RenAsset Management cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and RenAsset Management assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.

The price of securities and any income generated from them can go down as well as up and you may not get back the amount invested. In considering the prior performance information contained herein, prospective investors should bear in mind that past performance is not necessarily indicative of future results, and that there can be no assurance that the comparable results will be achieved. The information contained on this site may not be reproduced, distributed or published, in whole or in part, for any purpose without the written permission of RenAsset Management. RenAsset Management accepts no liability whatsoever for the actions of third parties in this respect. 

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