Terms & Conditions

The information within this site is issued by Orion Investing Management Ltd. (“Orion”) for informational purposes only. It does not constitute an offer by Orion to enter into any contract/agreement nor is it a solicitation to buy or sell any investment. Information on investment schemes and services on this site is unsuitable for and should not be relied upon by any person who does not meet the appropriate qualifying categories.

Please read the Terms carefully which may be subject to change without notice. By accessing any page of this website, you agree to be bound by the Terms below. If you do not agree to the Terms below, please exit the website. This page is designed to filter out unsuitable categories of investor from accessing the site and as such Orion cannot be responsible for any misrepresentations you may make in gaining unauthorized access to the site.

These Terms may be amended without notice to you. Your continued use of the website following any changes will mean that you accept such changes.

Regulatory Disclosure

Orion is a trading name of Orion Investing Management Ltd., which is regulated by the Bermuda Monetary Authority.

Content of Web Site

By viewing this site, you agree, to the exclusion by us of any liability, including without limitation that arising from any loss of profit or any other damage direct or consequential, in respect of any errors and/or omissions by us and/or any relevant third parties in respect of the content. The contents of this website are based upon sources of information believed to be reliable, however, save to the extent required by applicable law or regulations, no guarantee, warranty or representation (express or implied) is given as to its accuracy or completeness and, Orion, its directors officers and employees do not accept any liability or responsibility in respect of the information or any views expressed herein. This website may include forward-looking statements that are based upon our current opinions, expectations and projections. We undertake no obligation to update or revise any forward-looking statements. Actual results could differ materially from those anticipated in the forward-looking statements. If you have accessed this site using a link from another site, Orion does not accept any liability or responsibility for the accuracy of information contained within the sites of other providers who have links to any pages of this site or to whom this site is linked.

Investment Risk

There are significant risks associated with investment in the funds outlined in the site. Investment in the offerings on this site is intended for sophisticated investors who can accept the risks associated with such an investment.

Past performance is not necessarily a guide to future performance. The value of investments and any income derived from them can go down as well as up and the value of an investor's investment may be volatile and be subject to sudden and substantial falls. The prices of commodities contracts and all derivatives instruments, including futures and options, are highly volatile. Certain investment positions may be illiquid. The Funds may invest in securities of financially troubled companies, illiquid over-the-counter securities and non-publicly traded securities.

Income from investments may fluctuate. Changes in rates of exchange may have an adverse effect on the value, price or income of investments. You should be aware that investments in higher yielding bonds issued by borrowers with lower credit ratings may result in a greater risk of default and have a negative impact on income and capital value. Income payments may constitute a return of capital in whole or in part. Income may be achieved by foregoing future capital growth. Fund charges may be applied in whole or part to capital, which may result in capital erosion. The foregoing list of risk factors is not complete and reference should be made to the relevant Offering Memorandum or Documentation.

Solicitation

The site does not constitute an offer by Orion to enter into any contract/ agreement nor is it a solicitation to buy or sell any investment. It should not be used for the purpose of an offer or solicitation in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful or not authorized. This Bermuda site is not aimed at persons who are residents of any country, including the United States of America ("USA"), where the Funds referred to herein are not registered or approved for marketing and/or sale or in which the dissemination of information on the Funds or services is not permitted. This document should not be distributed to any third party without the express approval of Orion.

United States of America

The provision of the information in this web site does not constitute an offer of securities to any person in the United States or to any U.S. Person as such term is defined under the Securities Act of 1933, as amended. The information contained in this site about SHL and/or any of its affiliates is not directed to any person in the United States. Funds referred to herein are neither registered under the Securities Act 1933 of the USA, nor are they registered under the Investment Company Act of 1940. Consequently, they cannot be offered for sale or be sold in the USA, its territories, possessions or protectorates under its jurisdiction, nor to nationals, citizens or residents in any of those areas. Advice

No information contained in this website should be deemed to constitute the provision of financial, investment or other professional advice in any way.

Taxation

Taxation will depend on individual financial circumstances and the country of residence.

Ownership and Copyright

The copyright in the website and (unless otherwise indicated) its contents including all information, graphics, code, text and design are owned by Orion and should not be reproduced or distributed without permission.

By using this site you confirm: that if you are using the site to view any area related to these offerings or information, you are a qualifying person as defined by the FSA and SEC and that you are not subject to any jurisdictional restrictions prohibiting access to information on unregulated collective investment schemes.