Fund Subscription Risks, Terms & Conditions and Disclaimer

All services regarding the subscription, redemption and/or otherwise in relation to mutual funds / unit trusts are provided through Convoy Asset Management Limited (“CAML”). CAML or its nominee(s) will become the registered holder of all units/shares subscribed whilst CAML will in turn internally register the same as being held by Convoy Investment Services Limited (“We/Us”), who will further internally allocate the same as being owned by the relevant clients. All such services will be subject to applicable terms and conditions from time to time imposed by CAML, Copy of terms and conditions are available at our offices upon requests.

We and our subsidiaries will endeavour to ensure the accuracy and reliability of the information provided but do not guarantee its accuracy, reliability or completeness and accept no liability for any loss or damage as a result of any person's reliance on this information.

Risks are involved in investing in funds and unit trusts. The prices of funds and unit trusts fluctuate, sometimes dramatically. The price of funds and unit trusts may move up or down, and may become valueless. It is as likely that losses will be incurred rather than profit made as a result of buying and selling funds and unit trusts.

Past performance figures are not indicative of future performance. You should carefully read the offering documents for details before making any investment decision.

Investment in funds or unit trusts is different to placing moneys on deposit with a bank. The funds or unit trusts are not deposits or other obligations of, or guaranteed by, our affiliates or us. The fund company or unit trust manager is under no obligation to redeem shares in any fund or unit trust at the price at which they were issued. We will charge for the services relating to funds or unit trusts. Before we will communicate subscription or redemption instructions to CAML, the relevant fees will be deducted from the funds for subscription or from redemption.

Since some markets in which some of the funds or unit trusts invest may be subject to a higher than usual risk of political or economic instability, the assets of and income from such funds or unit trusts may be affected unfavorably by fluctuations in currency rates, exchange control and fiscal regulations and as a result, the shares of these funds and unit trusts may be subject to substantial price volatility. Some markets may not be subject to accounting, auditing and financial reporting standards and practices comparable to those applicable in more advanced countries, and there may be less government supervision, legal regulation and less well defined tax laws and procedures than in countries with more advanced securities markets.

Certain funds or unit trusts may invest in higher yielding securities rated lower than investment grade. Below investment grade securities such as, for example, high yield debt securities, may be considered speculative and can include securities that are unrated or in default. As a result, investment in these funds or unit trusts are accompanied by a higher degree of credit risk than is present in investment in higher rated, lower yielding securities.

You should carefully consider prior to investing in funds or unit trusts, (a) the possible tax consequences, (b) the legal requirements and (c) any foreign exchange control requirements which you might encounter under the laws of the countries of your incorporation, citizenship, residence or domicile and which might be relevant to the purchase, sale, subscription, holding, conversion or disposal of the shares in funds or unit trusts.

The market for technology or technology-related funds or unit trusts can be highly volatile and in many cases their prices may reflect market speculation rather than the underlying economic value of such funds or unit trusts.

Certain capital guaranteed/capital preserved funds or unit trusts generally carry some terms and conditions, and redemption of shares in the funds or unit trusts prior to fulfilling all the terms and conditions specified in the offering documents or prospectus will be subject to market fluctuations or a redemption fee. Capital guaranteed/ capital preserved funds or unit trusts are not guaranteed by us or our affiliates.

End User Agreement

The webpage(s) or part thereof to which you are seeking to access is/are managed by Convoy Asset Management Limited ('CAM') containing data made available by Standard & Poor’s ('S&P'). By accessing to these pages, you agree to the following:-

1. Neither CAM, S&P, their affiliates nor any third-party licensor shall have any liability for the accuracy or completeness of the information or software furnished through CAM, or for delays, interruptions or omissions therein nor for any lost profits, indirect, special or consequential damages.

2. Either CAM, S&P, their affiliates or third party licensors have exclusive proprietary rights in any information and software received.

3. You shall not use or permit anyone to use the information or software provided through such webpage(s) for any unlawful or unauthorized purpose.

4. You are not authorized or permitted to fur nish such information or software to any person or firm for reuse or retransmission without prior written approval of the source of such information or software.

5. Access to the said data is subject to termination in the event that any agreement between CAM and a provider of information or software distributed through such webpage(s) is terminated in accordance with its terms.

6. You are allowed to have access to the said data in your capacity as an end user whose use of such data shall be solely for your personal non-commercial use, and you can access any of such data via a password/user ID issued by CAM.