In the fulfillment of the legislation on investment funds, the Swiss Financial Market Supervisory Authority FINMA regulates in circular http://www.finma.ch/ dated 2008/8 the display of investment funds on Internet.

Based on this circular, we have to inform you that the following pages present investment funds which are not approved for retail sale in Switzerland and/or prohibited to sale for certain retail investors groups. Our investment funds are for the moment only approved for sale in Liechtenstein as well as only for qualified investors.

Investments in these funds are in some cases dependent upon market prices and subject to currency risks. Positive performance in the past is therefore no guarantee of positive performance in the future. Forecasts are not a reliable indicator of future value developments. There is a possibility that investors will not recover the full amount they initially invested. Once published, information shall not be understood as implying that no change has taken place since its publication or that it is still up to date.

None of the information on these Web pages in any way constitutes an offer or a recommendation to buy or sell our products.

Herculis Partners SA can not be held responsible in any way for the use of information on these Web pages.

I hereby confirm having acquaint myself with the above information.