DISCLAIMERS The Term "Iron Trust" may include any one or more Iron Trust branded entities including Iron Trust Vermögensverwaltungs AG/ Iron Trust Asset Management Ltd., which is authorized and regulated by FMA - Financial market supervisory authority. Each fund is sub-fund of the Iron Trust Umbrella, a Luxembourg domiciled and registered UCITS fund. Full details of each Fund objectives, investment policy and risk are located in the prospectus which is available with the Key Investor Information Document in an official language of the jurisdictions in which the Fund is registered for public sale. The Fund's documentation are available free of charge from the local information/ paying agent, from authorized distributors and from IPConcept (Luxembourg) S.A., For further information regarding economic risks and benefits from investing in the fund please refer to the Fund Prospectus. You must review the Fund Documents and risk Factors disclosed in the Fund Documents prior to making a decision to invest. You should only rely on the information contained in the Fund Documents, the Fund Prospectus, the Management Regulations, the Key Investor Information Document and the Report of the UCITS in making your decision to invest. This presentation seeks to describe our current views of the market and to highlight selected activity. Any discussion of specific securities or strategies is intended to help investors understand our investment management style, and should not be regarded as a recommendation of any security or strategy. References to securities purchased or held or strategies employed are only as of the period reference and are subject to change. You should not assume that investments in the securities identified were or will be profitable or that decisions we make in the future will be profitable. It should not be assumed that recommendations in the future will equal the performance of any security referenced in this presentation. The return on equity for certain strategies are annualized returns, may not be realized in the near term and may never be realized if our assumptions are incorrect. Opinions are expressed and all other information provided is current as of the date appearing on the material only. Hedging strategies are intended to reduce risk exposure, but may not perform as intended and therefore should not be deemed to offset or minimize risk. The portfolio risk management process includes an effort to monitor and manage risk but should not be confused with or imply low risk. Certain information contained in this presentation constitutes "forward-looking statements," which can be identified by the use of forward-looking terminology such as "may," "believe," "should," "expect," "anticipate," "project," "estimate," "intend," "continue," "target," "believe," the negatives thereof, other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or actual performance of the Funds may differ materially from those reflected or contemplated in such forward-looking statements. This presentation is neither an offer to sell nor a solicitation of an offer to buy an interest in any Fund, which will be made only by means of a Confidential Offering Memorandum. An investment in a Fund involves substantial risks. There can be no assurance that the Funds' investment objective will be achieved. Investors could lose some or all of their investments. The Funds will not register as investment companies under the US Investment Company Act of 1940, as amended (the "Company Act") in reliance upon the exemption under Section 3(c)(7) there under, and, accordingly, the provision of the Company Act will not be applicable to the Funds. An Investment in the Funds will be suitable only for certain sophisticated investors who have no need for immediate liquidity in their investment. Such an investment will provide limited liquidity because the interests in the Funds will not be freely transferable and may be withdrawn infrequently and only under limited circumstances. There will be no public or secondary market interest in the Funds, and it is not expected that a public or secondary market will develop. No regulatory authority has passed upon or endorsed this summary or merits of an investment in the Funds. There is no assurance the investment strategy will achieve its objectives. Distribution of this information to any person other than the person to whom this information was originally delivered and to such person's advisors is unauthorized and any reproduction of these materials, in whole or in part, or the disclosure of any of the contents, without prior consent of the Fund in each such instance is prohibited. Notwithstanding anything to the contrary herein, each recipient of this summary (and each employee, representative or agent of such recipient) may disclose to any and all persons, without limitation of any kind, the tax treatment and tax structure of (i) the Funds and (ii) any of their transactions, and all materials of any kind (including opinions or other tax analyses) relating to such tax treatment and tax structures. No representations or warranties of any kind are intended or should be inferred with respect of the economic return from, or the tax consequences of, an investment in a Iron Trust-managed fund. Current tax levels and reliefs may change. Depending on individual circumstances, this may affect investment returns. AGREE & CONTINUE Cancel





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