Important Information

The Sunspur Global Fund mentioned in this material is a scheme entered into the list of restricted schemes maintained by the Monetary Authority of Singapore (“MAS”) under the Securities and Futures Act (“SFA”) and pursuant to the Sixth Schedule of the Securities and Futures (Offers of Investments) (Collective Investment Schemes) Regulations in Singapore. The Fund is not authorised or recognised by the MAS and the offer of the Fund is not allowed to be made to the retail public in Singapore. This material has not been reviewed by the MAS.

This material and information herein is provided by Phillip Capital Management (S) Ltd (“PCM”) for general information only and does not constitute a recommendation, an offer to sell, or a solicitation to invest in the Sunspur Global Fund (the “Fund”) or other products mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. The information is subject to change at any time without notice. Investments are subject to investment risks including the possible loss of the principal amount invested. Past performance is not necessarily indicative of the future or likely performance of the Fund. There can be no assurance that investment objectives will be achieved. The information does not constitute, and should not be used as a substitute for, tax, legal or investment advice. The information should not be relied upon exclusively or as authoritative without further being subject to your own independent verification and exercise of judgement.

You should read the private placement memorandum (“PPM”) for disclosure of key features, key risks and other important information of the Fund and obtain advice from a financial adviser ("FA") before making a commitment to invest in the Fund. In the event that you choose not to obtain advice from a FA, you should assess whether the Fund is suitable for you before proceeding to invest. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss or consequences arising whether directly or indirectly as a result of your acting based on the information in this material.  A copy of the PPM is available from PCM.

The Fund may invest in money market funds managed by PCM or its related companies. Investments in the funds managed by PCM are not obligations of, deposits in, or guaranteed by PCM or any of its affiliates. PhillipCapital Group of Companies, including PCM, their affiliates and/or their officers, directors and/or employees may own or have positions in the investments mentioned herein or related thereto.

This material and information herein are not for any person in any jurisdiction or country where such distribution or availability for use would contravene any applicable law or regulation or would subject PCM to any registration or licensing requirement in such jurisdiction or country. The Fund is not offered to U.S. Persons.