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Disclaimer

This document is being issued by River and Mercantile Asset Management LLP which is authorised and regulated by the Financial Conduct Authority and is registered with the U.S. Securities and Exchange Commission (SEC) as a Investment Adviser under the Investment Advisers Act of 1940. River and Mercantile and River and Mercantile Asset Management are trading names of River and Mercantile Asset Management LLP. This site is aimed solely at UK Investors and is specifically not aimed at persons who are residents of any other country, including the United States of America and South Africa where the funds referred to herein are not registered or approved for marketing and/or sale in which or dissemination of information on the funds or services is not permitted.

River and Mercantile does not provide and nothing on this website should be deemed to constitute the provision of financial, investment, tax or any other professional advice in any way. This document does not constitute or form part of any offer to issue or sell, or any solicitation of an offer to subscribe or purchase any investment nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore. Retail Clients (as defined in the rules of the Financial Conduct Authority) should seek the assistance of a Financial Advisor.

The information contained in this document is strictly confidential. The information contained herein may not be reproduced, distributed or published by any recipient for any purpose without the prior written consent of River and Mercantile Asset Management LLP.

No representation, warranty, or undertaking, express or limited, is given as to the accuracy or completeness of the information or opinions contained in this document by River and Mercantile Asset Management LLP or any of its partners or employees and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. As such, no reliance may be placed for any purpose on the information and opinions contained in this document.

The value of investments can fluctuate and may be affected by movements in exchange rates. Investors may not get back the full amount invested. Past performance is not a guide to the future. The information provided on this website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution, publication or use would be contrary to local law or regulation or in which River and Mercantile Asset Management LLP does not hold any necessary registration or license. Individuals or legal entities in respect of whom such prohibitions apply, whether on the grounds of their nationality, their place of residence or on other grounds, must not access or use this website.

Although River and Mercantile Asset Management LLP is registered as an investment adviser with the U.S. Securities and Exchange Commission (SEC) this website is neither directed at nor intended for investors in the United States of America.