DISCLAIMER

This website offers information about the activities of Pearl Capital Management Ltd ("Pearl Capital Management"). Access to and use of the pearlcm.com website (the "Site") and the materials found on it (the "Content"), including the investment products referred to on it (the "Investment Products") are subject to the following terms and conditions (these "Terms").
By clicking the confirmation at the bottom of these Terms, you signify that you have read understood and accepted these Terms.

This site is presented for informational purposes only. It is intended for your personal, non-commercial use. No information or opinions contained in this site constitute a solicitation or offer by Pearl Capital Management to buy or sell securities or to furnish any investment advice or service. This site does not provide specific investment advice. You are advised not to rely solely on information contained in this document in the process of making a fully informed investment decision. Also, it does not represent that the services described on the site are suitable for any specific investor. Please note that investment in a fund of hedge funds implies a certain level of risk due to the investments of the underlying of the fund. Furthermore, past performance does not guarantee future results.

The contents of this site are not intended for distribution to, or use by, any individual or entity in any jurisdiction where their distribution or use would be contrary to local law or regulation or which would subject Pearl Capital Management to registration with the jurisdiction. You should be aware that any rules and/or regulations applicable to providing financial services (and the resultant investor protections that may be available), may not apply to persons who obtain information from the internet and its various applications, of which this material forms part.

Pearl Capital Management does not guarantee the accuracy, completeness or timeliness of such information, either expressly or impliedly, for any particular purpose. Moreover, this information is subject to change at any time. Pearl Capital Management expressly disclaims any warranties of merchantability or fitness for a particular purpose. Pearl Capital Management will not be responsible for any loss or damage that could result from interception by third parties of any information available on this site. Information contained on this site, including pricing, valuation, and commentary on specific futures or forward markets (Hedge Funds or Hedge Fund Strategies), if any, reflects the authors' analysis and other information available as of the publication date indicated. Pearl Capital Management is under no obligation to update the information to reflect changes after the publication date. While any quotations, news, opinions, commentaries, recommendations, data, pricing and all other information contained on this site are believed to be reliable, Pearl Capital Management cannot and does not guarantee its accuracy, timeliness or completeness.

Neither Pearl Capital Management nor any of its directors, officers or employees, nor any third party vendor will be liable or responsible for any loss or damage that you may incur (i) in the event of a failure or interruption of this site, (ii) as the result of the act or commission of any other party involved in making this site or the data it contains available to you, or (iii) from any other cause relating to your access to, inability to access, or use of the site or these materials, whether or not the circumstances giving rise to such cause may have been within the control of Pearl Capital Management or of any vendor providing software or services support. In no event will Pearl Capital Management or any third party vendor be liable to you for any direct, special, indirect, consequential, incidental damages or any other damages of any kind even if Pearl Capital Management or any other party had been advised of the possibility that these damages might occur.

Pearl Capital Management may update, revise, delete or modify information on this Site without notice. Information should only be considered current as of the time of initial publication on this Site or as otherwise stated on this Site without regard to the date on which you may access the information.

Notice to U.S. Residents or U.S. Citizens

Lyxor Starhedge Fund is not being offered hereby in the United States, or any of its territories or possessions or areas subject to its jurisdiction, or to or for the benefit of a U.S. person.

Notice to U.K. Residents or U.K. Citizens

Pearl Capital Management is not an authorized person under the UK Financial Services and Market Acts 2000. Lyxor Starhedge Fund is not being offered hereby in the United Kingdom, or any of its territories or possessions or areas subject to its jurisdiction, or to or for the benefit of a citizen of the United Kingdom.