The material provided on this website is produced by GEM Global Equities Management S.A. (“GEM”).

By using this web site (the "Site"), you agree to be legally bound and to abide by the terms set forth below and elsewhere on the Site.

GEM provides the Site for the convenience of its users. GEM and its affiliates does not make any warranty that the Site will be uninterrupted or free of error, nor do they make any warranty as to the results that may be obtained from the use of the Site. GEM and its affiliates disclaim any warranty of any kind, either express or implied, including, but not limited to, implied warranties of merchantability and fitness for a particular purpose. GEM and its affiliates are not liable for any damages or injury, including without limitation, damages or injury caused by any interruptions, deletion of files or e-mail, errors, defects, viruses, delays in operation or transmission, or any failure of performance, whether resulting from breach of contract, tortious behavior, negligence or otherwise. Some jurisdictions do not allow the exclusion of implied warranties; in such jurisdictions liability is limited to the fullest extent permitted by law.

The Site is presented for informational purposes only. It offers information about the activities of GEM, which include the management of fund of hedge funds as well as the provision of hedge fund related structured products.

The information provided on this site is for personal, non-commercial informational use only. Nothing in the Site constitutes a solicitation or offer or an invitation to make an offer by GEM or its affiliates to buy or sell any securities or securities derivatives products of any kind or provide any investment advice or service. Nothing in the Site constitutes investment, legal or other advice nor is it to be relied upon in making an investment decision. The presentation on this Site does not purport to be a complete description of GEM's investment services. The site does not represent that the securities or services described herein are suitable for any specific investor. Investors are advised not to rely on any information contained in this site in the process of making an investment decision. Please note that investment involves risk, and that past performance is not indicative of future results.

The information provided on the Site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation of such jurisdiction or which would subject GEM or its affiliates to any registration requirement within such jurisdiction or country. Anyone reading this material should be aware that any rules and/or regulations applicable to the provision of financial services (and the resultant investor protection benefits that may be available), may not be applicable to interfacing conducted through the Site and its various applications.

The information on the Site is provided "AS IS". GEM does not guarantee the accuracy, completeness or timeliness of such information and such information is subject to change, either expressly or impliedly, for any particular purpose. GEM expressly disclaims any warranties of merchantability or fitness for a particular purpose. GEM will not be responsible for any loss or damage that could result from interception by third parties of any information made available to you via this site.

Information contained on this site, including pricing, valuation, and commentary on specific securities, if any, reflects the authors' analysis and other information available as of the publication date indicated. GEM is under no obligation to update the information to reflect changes after the publication date. Furthermore, any quotations, news, opinions, commentaries, recommendations, data, pricing and all other information contained on this site are believed to be reliable, but GEM cannot and does not guarantee its accuracy, timeliness or completeness.

Neither GEM, nor any of its affiliates, directors, officers or employees, nor any third party vendor will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or interruption of this site, or resulting from the act or omission of any other party involved in making this site or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the Site or these materials, whether or not the circumstances giving rise to such cause may have been within the control of GEM or of any vendor providing software or services support. In no event will GEM, its affiliates or any such parties be liable to you for any direct, special, indirect, consequential, incidental damages or any other damages of any kind even if GEM or any other party have been advised of the possibility thereof.

You are responsible for the confidentiality and use of your password. Your password is an important means of protection for you. You agree to contact us immediately if you believe that an unauthorized person has obtained access to your password.

GEM makes no representations whatsoever about the opinions of any third party appearing on a linked site, neither regularly monitors nor has control over the contents of such sites and does not endorse, and disclaims all responsibility for, the content of such statements or websites.

Unless otherwise specified, the Site and its content are owned by GEM, and the Site may contain information, text, graphics, video, software, logos, and other materials ("Content") that are protected by copyrights, trademarks, or other proprietary rights. No permission is granted to upload, copy, modify, post, frame, or distribute in any way any Content without obtaining the permission of GEM.