DISCLAIMER

This website (“Website”) is published solely for the purpose of general information and no regard is paid to specific investment objectives, financial situation or particular needs of any person. The contents of this Website are based on sources of information believed by AR Capital to be reliable. Any opinions or estimates included herein are subject to change without prior notice. This Website may include forward-looking statements that are based upon AR Capital’s current opinions, expectations and projections. AR Capital undertakes no obligation to update or revise any forward-looking statements. Actual results could differ materially from those anticipated in the forward-looking statements.

Investors are advised that there are significant risks associated with investment in the funds outlined in this Website. Investment is only intended for Accredited Investors and Institutional Investors as defined under the Securities and Futures Act (Chapter 289) of Singapore (the “Act”), who can accept the risks associated with such an investment, including a substantial or complete loss of their investment, and who have no need for immediate liquidity in their investment. Investments will be subject to strict limitations on transferability and withdrawal. There is no secondary or public market.

Investors are further reminded that past performance is not necessarily indicative of future performance. The value of investments, and any income derived from them, can go down as well as up, and the value of such investment may be subject to sudden and substantial falls. The prices of commodities contracts and all derivative instruments, including futures and options, are highly volatile. The loss on realisation may be very high and could result in a substantial or complete loss of investment. Some investment positions may be illiquid and investment may be made in non-publicly traded securities.

Investors should note that the foregoing list of risk factors is not complete and reference should be made to the Information Memorandum of the relevant fund ("Information Memorandum"). An investment may only be made after receiving and reviewing the Information Memorandum of the relevant fund and the risk factors contained therein. Investors should only rely on the Information Memorandum of the relevant fund in making any decision to invest. Any offer or invitation may be made only by means of a definitive private offering document, containing such information (including material terms and risks) as is necessary to enable a prospective investor to make an informed decision. This Website does not constitute such a document.

Further, this Website does not constitute and should not be used for the purpose of an offer or solicitation in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful or not authorised. Investors are strongly advised to consult their financial or other professional advisers as to whether they require any governmental or other consents, or need to observe any formalities to enable them to invest in any fund described in this Website. Any offer or solicitation can and will be made only by means of an Information Memorandum for the relevant fund in jurisdictions in which such an offer would be lawful, and only to individuals who meet the investor eligibility and suitability requirements of the relevant fund, including qualifying as Accredited or Qualified Investors within the meaning of the Act. Access to certain information about the funds described in this Website is similarly limited to individuals who meet the applicable investor eligibility and suitability requirements.

AR Capital makes no representations or warranties, express or implied, regarding the suitability or other characteristics of the information and materials contained on or presented through this Website. All such information and materials are provided on an “AS IS” and “AS AVAILABLE” basis without warranties of any kind, either express or implied, statutory or otherwise. Ar Capital makes no representations about the accuracy, character, quality, timeliness, promptness or the performance of this Website, its contents or any service obtained through this Website, including but not limited to the warranties of non-infringement of third party rights, title, merchantability, satisfactory quality, fitness for a particular purpose, and freedom from Computer Virus as defined in the Terms of Use. All terms that may be excluded are excluded to the fullest extent permitted under law.

AR Capital accepts no liability if for any reason this Website site is unavailable at any time or for any period. AR Capital disclaims all liability and responsibility arising from any reliance placed on any materials and information on this Website, or by anyone who may be informed of any of its contents. The information, except as otherwise stated, on this Website has been prepared, approved and issued by AR Capital and the information and opinions contained in the Website have been compiled, or arrived at, in good faith and on the basis of publicly available information, internally developed data and sources believed to be reliable as at the date of publication. However, to the fullest extent permitted by law, AR Capital hereby expressly excludes all conditions, warranties, representations and other terms which might otherwise be implied by statute, common law or the law of equity and any liability for any direct, indirect or consequential loss or damage of any kind incurred by any user in connection with this Website or in reliance on the information or opinions contained in it, or in connection with the use, inability to use, or results of the use of this Website or any websites linked to it or materials posted on it. This does not affect AR Capital’s liability for any loss or damage which cannot be excluded or limited under applicable law.

Where this Website contains links to other sites and resources provided by third parties, these links are provided for information only, and AR Capital has no control over the contents of those sites or resources, nor does AR Capital make any representation as to the accuracy or completeness of such sites or resources. AR Capital has not and will not review or update such sites or resources. Users of this Website undertake to indemnify and hold AR Capital harmless from and against all or any claims, actions, liabilities, demands, proceedings or judgments (“Proceedings”) brought or established against AR Capital, and against all losses and all reasonable costs, charges and expenses (including legal fees) which AR Capital may suffer or incur (including, but not limited to, all such losses, costs, charges or expenses reasonably suffered or incurred in disputing or defending any Proceedings and/or in establishing its right to be indemnified and/or in seeking advice in relation to any Proceedings) and which in any such case arise in connection with or out of any breach or alleged breach by a user of any of the obligations and/or undertakings under the Terms of Use of this Website.