Risk Warning2018-02-21T17:50:34+00:00

GENERAL INVESTMENT WARNING

The information and materials posted to this site are for information purposes only without regard to any specific Investor’s investment objective, investment experience, financial situation, or means, and Capitama Ltd is not soliciting any action based upon such information.  The services, securities, investments and funds described may not be available to or suitable for you.

The materials are not to be construed as a recommendation; or as advice; or an offer to buy or sell; or the solicitation of an, or an inducement to, offer to buy or sell any security, financial product, or instrument; or to participate in any particular trading strategy in any jurisdiction.

Opinions expressed on this Site are our opinions only and reflect our views only at the time at which such opinions were expressed. Our opinions reflect our views at such time regarding market conditions and other factors, may depend upon assumptions or projections that may not prove to be correct, and are subject to change.

Nothing contained on the Site is intended to constitute investment, legal, tax or accounting advice. You should consult with your own professional advisors for advice on any investment, legal, tax, or accounting issues relating to matters discussed on this Site.

The information contained on this Site is subject to change without notice. For example, the terms of any security, investment, or financial product or service may be changed without notice.

The distribution of the information contained on the Site in certain jurisdictions may be restricted by law and persons who access it are required to inform themselves and to comply with such restrictions. In addition, this Site and its contents have not been prepared for and are not intended for access by the public in the United States.

Not all strategies are appropriate at all times. The opinions expressed on this site do not constitute investment advice and you should consult your investment advisor before you make any investment decision.

Capitama Ltd does not select Investment Projects, modify or exercise control over the nature and content of the information and materials contained within Investment Projects on this site.

RISK FACTORS

Investment and financial products and services involve substantial risks. You should carefully consider these risks before investing in or purchasing any financial product or service. In particular, you should carefully review and consider all risk disclosures that are provided for any investment or financial products and services. You should evaluate these risks with your professional advisers.

The introduction of investments through Capitama Limited, are available only to those persons who are financially sophisticated, are capable of evaluating the risks and merits of investing in any such products, can bear the economic risk of an investment in such products for an indefinite period, and can afford the loss of their entire investment.

By accepting our Risk Warning (General and Specific) you accept and acknowledge you have read these warnings and understand that risks exist and accept such risks without limitation, conditions, warranties or indemnity by Capitama Ltd.

Consequently, you should consider the following specific risks;

Specific Warning

Investing in, but not limited to, Seed Enterprise Investment Schemes, Enterprise Investment Schemes, Startups, Venture Capital investments and Venture Capital Trusts, Early Stage Private Equity investments, Private Equity Funds, Private Equity Fund of Funds, Hedge Funds, Hedge Funds of Funds, direct or co-investments, equity, debt, hybrid and convertible investments, tradable or transferable securities and other speculative investments including in geographies, sectors or industries and structures that are unknown or unfamiliar to you, involve a number of financial, reputational, tax, legal and governance risks.

If you choose to connect with or invest in such Investment Projects, you hereby acknowledge and accept full liability for a number of important risks and factors and agree to consult your investment advisor before you make any investment decision or unless you meet the requirements of professional investor, self certified high net worth or certified sophisticated investor.  In any event you should obtain specialist professional advice where appropriate before proceeding with any investment.

Investment Risk

The value and income of any of the securities or investments and the price of investments and the income derived from them, which are posted on this site, may fall as well as rise. Investors may not receive the original amount invested in return. Investors should also be aware that past performance is not a guide to future performance.

Taxation Risk

Statements concerning taxation are based on our understanding of the taxation law in force at the time of publication. The levels and bases of taxation may change. You should obtain professional advice on taxation where appropriate before proceeding with any investment.

Loss of Capital Risk

If you connect to an investment and subsequently engage that investment with a view to investing, your capital may be at risk.  You may be exposed to a significant risk of losing all of the property or other assets invested.  You may lose all or some of your invested capital.  You should seek the professional advice of your financial advisor before making an investment.

Liquidity Risk

Some of the Investment Projects posted on the site will be highly illiquid. There may be no secondary market for the underlying assets of the Investment Project.  This means that you may not be able to sell your holding until and/or unless the Investment or investee company enters into some type of event where provision exits for you to realize your investment.  You should seek the professional advice of your financial advisor before making an investment.

Exchange Rate Risk

Investment Projects, including but not limited to, funds and other assets that have exposure to overseas securities or currencies, are exposed to movements in exchange rates. These may cause the sterling (GBP) or your base currency value of units to go up or down.  You should seek the professional advice of your financial advisor before making an investment.

Dividend Risk

Some Investment Projects including, but no to limited to SEIS, EIS schemes, venture capital or start up investments may not pay dividends for a long period of time.  This means that if you invest in a business as introduced through the site, even if it is successful you are unlikely to see any return of capital or profit until you are able to sell your shares in the underlying investment.  You should seek the professional advice of your financial advisor before making an investment.

Dilution Risk

Any investment you make into an Investment project on this site is potentially subject to dilution.  If the Investment Project raises additional capital in the future, it may issue new units of the investee company to the new investors, and the percentage of the investee company that you own could decline. New units may also have certain preferential rights to dividends, sale proceeds and other administrative or organizational matters, and the exercise of these rights may work to your disadvantage. Your investment may also be subject to dilution as a result of the grant of options (or similar rights to acquire shares) to employees of, service providers to or certain other parties connected with, the investee company.

Diversification Risk

Investing into Investment Projects, particularly illiquid investments or higher risk strategies, should only be done as part of a diversified portfolio. This means that you should consider investing across a number of businesses and Investment Projects (not restricted to this site) than investing into just one or two Investment Projects. It also means that should you decide to invest into start ups, you should consider investing only a small proportion of your investable capital in these types of asset class, with the majority of your investable capital invested in safer, more liquid assets.  You should seek the professional advice of your financial advisor before making an investment with the view to diversifying your portfolio.

Debt Securities Risk

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.

Emerging Markets Risk

You should be aware of the additional risks associated with investment in emerging and developing markets. These include: higher volatility of markets; systems and standards affecting trading, settlement, registration and custody of securities all possibly lower than in developed markets; less reliable and stable, local or domestic governance arrangements; lack of liquidity in markets and exchanges leading to lower marketability of securities and greater price fluctuation; significant currency volatility, possibly resulting in adoption of exchange controls; lower shareholder protection or information to investors provided from the legal infrastructure and accounting, auditing and reporting standards

Unregulated Collective Investment Schemes Risk

Unregulated collective investment schemes (UCITS) operated in offshore centres are unlikely to offer a level of investor protection equivalent to that available in the UK.  Such schemes may deal infrequently and may limit redemption.  By comparison, typically, UK authorised collective investment schemes invest on a ‘long-only’ basis. This means that they will rise (or fall) in value based on the market value of the assets they hold.

Gearing and Leverage Risk

Some of the Investment Projects on our site could be in investment companies or assets, of which, use gearing as a strategy or invest in other investment companies which use gearing, such as investment trusts. The strategy which the issuer of such securities uses or proposes to use may result in movements in the price of the securities being more volatile than the movements in the price of underlying investments. Such investments may be subject to sudden and large falls in value and you may get back nothing at all if there is a sufficiently large fall.

Derivative Risk

Some Investment Projects posted to this site may employ synthetic shorting techniques, or broader derivative techniques that will establish both ‘long’ and ‘short’ investments.  As a result, as well as holding assets that may fall or rise with market values, they will also hold positions that will rise in value as the market falls and fall in value as the market rises.

Derivatives held by the Funds will be accounted for and taxed in accordance with the Statement of Recommended Practice for authorised unit trusts. It is the intention of the Manager that all derivative strategies employed will be for investment purposes. However, should HM Revenue & Customs successfully argue in the future that such strategies constitute a trade for tax purposes or decide to impose new rules on the taxation of derivatives, this may lead to tax leakage within the Funds.

Summary

The descriptions above are intended to provide a summary only of the main specific risks associated with Investment Projects on this site.  They are not exhaustive and should not be relied upon in isolation.

Capitama Ltd Liability

The material displayed on the Site is provided without any guarantees, conditions or warranties as to its accuracy. To the extent permitted by law, Capitama Ltd and third parties connected to Capitama Ltd hereby expressly exclude:

All conditions, warranties and other terms, which might otherwise be implied by statute, common law or the law of equity.

Any liability for any direct, indirect or consequential loss or damage incurred by any user in connection with the Site or in connection with the use, inability to use, or results of the use of the Site, any websites linked to it and any materials posted on it, including, without limitation any liability for:

loss of income or revenue;

loss of capital;

loss of business;

loss of profits or contracts;

loss of anticipated savings;

loss of data;

loss of goodwill;

wasted management or office time; and

for any other loss or damage of any kind, however arising and whether caused by tort (including negligence), breach of contract or otherwise, even if foreseeable.

This does not affect Capitama Ltd’s liability for death or personal injury arising from its negligence, nor its liability for fraudulent misrepresentation or misrepresentation as to a fundamental matter, nor any other liability which cannot be excluded or limited under applicable law.

COMPLIANCE WITH CERTAIN RESTRICTIONS

Capitama Limited may be subject to restrictions under the law of jurisdictions in which it seeks to provide offering materials, subscription documents and other documents relating to an investment. As a result, the information on this Site is not intended to be available to any person in any jurisdiction where access to or use of such information would be contrary to law or regulation or which would subject Capitama Limited to any registration requirement within such jurisdiction (such persons, “Prohibited Persons”).

The information on this Site is intended to be available only to persons other than Prohibited Persons. Prohibited Persons should not access, act upon or rely on any such information.

Reliance On Information Posted on this Site

All information posted to this site has been prepared for informational purposes only without regard to any specific Investor’s investment objective, investment experience, financial situation, or means, and Capitama Ltd is not soliciting any action based upon such information.

The material is not to be construed as a recommendation; or as advice; or an offer to buy or sell; or the solicitation of an, or an inducement to, offer to buy or sell any security, financial product, or instrument; or to participate in any particular trading strategy in any jurisdiction.

Although the material is based upon information that Capitama Ltd in its reasonable opinion considers reliable and endeavours to keep current, Capitama Ltd has not verified this information and does not represent that the material is accurate, current, or complete and the material should not be relied upon as such.

Capitama Ltd will have no responsibility to maintain the material or to supply any corrections, updates or releases concerning the material. By accessing the Site, you expressly acknowledge and agree that the material provided to you is on a “as is” basis, used at your sole risk and shall not be relied on.  Capitama Ltd therefore disclaims all liability and responsibility arising from any reliance placed on such materials by any visitor to the Site, or by anyone who may be informed of any of its contents save in the circumstances where such exclusion or liability would be expressly prohibited by the rules of the Financial Conduct Authority (FCA) or any other applicable laws or regulations in England and Wales.

Capitama Ltd cannot guarantee that any Investment Project will achieve the objectives set out for the Investment Project. Investment in these Investment Projects will not be suitable for all investors. Any investment should be considered against your investment needs and attitude to risk.