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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 (Guernsey) Limited and its subsidiaries or affiliated companies, as appropriate ("Renaissance Asset Managers") 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 Renaissance Asset Managers' 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. Renaissance Asset Managers 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 Renaissance Asset Managers 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 Renaissance Asset Managers. Renaissance Asset Managers accepts no liability whatsoever for the actions of third parties in this respect.

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Renaissance Asset Managers (UK) Limited, an affiliate of Renaissance Asset Managers (Guernsey) Limited, is authorised and regulated by the Financial Services Authority ("FSA") in the United Kingdom ("UK"); Firm Reference Number 451343.