PRIV S2.18 Mandatory Statement About Prospectus

(1) The following statement prominently displayed on the first page (not including any cover page) of the prospectus:

'This prospectus relates to a collective investment scheme established in the Qatar Financial Centre and registered by the Qatar Financial Centre Regulatory Authority (the Regulatory Authority) as a private placement scheme.

The number of unitholders of a private placement scheme must not at any time exceed 100.

The Regulatory Authority is not responsible for reviewing or verifying this prospectus or any related documents. The Regulatory Authority has not approved this prospectus or any related documents nor has the Regulatory Authority taken any steps to verify the statements, information or provisions in the prospectus or any related documents. The Regulatory Authority takes no responsibility for the accuracy of statements, information or provisions in this prospectus or any related documents.

The units to which this prospectus relates may be difficult, and take some time, to sell. Payment of redemption proceeds may also be delayed.

Returns from units can go down as well as up and you may also lose all or part of your investment.

Past performance of units is not a reliable indication of the future performance.

Prospective purchasers of the units offered should conduct their own due diligence and consider seeking independent legal and financial advice before deciding to invest in the scheme.

This prospectus is intended for distribution only to a limited type of investor (a 'qualified investor' as defined in the Regulatory Authority's Private Placement Schemes Rules 2010) and must not be given to, or relied on, by anyone else'.
(2) If the scheme is a closed-ended scheme, the following additional paragraph must be inserted in the statement after the 3rd paragraph of the statement:

'This scheme is a closed-ended scheme and there is no obligation for the operator to redeem units.'.
Derived from QFCRA RM/2010-06 (as from 1st January 2011)