General Information

With respect to the availability of this site in the United Kingdom, it has been approved by Credo Capital Plc which is authorised and regulated by the Financial Services Authority. The information on this site is not intended for distribution to, directed at or to be used by residents of any country, other than the UK, where such distribution, direction or use would be contrary to local law or regulatory requirements.

This site is provided for information purposes only and should not be construed as an offer or as solicitation of an offer to purchase investments or investment advisory services from the Credo Group of companies.

The Credo Group of companies is not able to provide any services described in this site to any person if the provision of such services would be in violation of the law of such person's home jurisdiction. Investors are responsible for satisfying themselves that under the laws of their home jurisdiction they may lawfully access this site.

The Credo Group undertakes to comply with its obligations under the Financial Services and Markets Act 2000 and any disclaimer set out in this section does not exclude or restrict liability for any duty to clients under this Act or any other applicable regulatory authority.

The investments or investment services provided by the Credo Group of companies may not be suitable for all investors. Investors with any doubts as to suitability of the Credo Group of companies' investment products or services should consult their investment, tax or legal advisor.

Certain investments mentioned may not be quoted on any market and so carry higher risks than investments in quoted securities and may be difficult to sell or realise. Reliable information for determining their current value or the risks to which they may be exposed may not be available. No investment or investment service mentioned on this site amounts to a personal recommendation to any one investor.

Past performance is not a guide to future performance. The value of investments and the income from them can go down as well as up and an investor may not get back the amount invested. The value of shares may rise or fall due to changes in the rate of exchange in the currency in which the shares are denominated if it is different from the investor's own currency.

Certain Credo Group companies, or companies to which the Credo Group may introduce you to, may not be authorised and regulated under the Financial Services and Markets Act 2000. These companies will only be introduced to those persons to whom it is deemed suitable. Accordingly, investors entering into investment agreements with such companies will not have the protections afforded by that Act or the rules and regulations made under it including the Financial Services Compensation Scheme.

Any of the Credo Group of companies and their associates may have positions in any investments that may be recommended to you and may be providing or have provided investment advice or services in relation to such investments.

Any data and research material provided ahead of an investment decision are for information purposes only. We shall not be liable for any errors or delays in the provision of information, or any actions taken in reliance thereon.

We reserve the right to amend, alter, or withdraw any of the information contained in this website at any time and without notice. No liability is accepted for such changes, or for the pages of this website not being available at all times.

This site may include forward looking statements that are based upon current opinions, expectations and projections. We undertake no obligation to update or revise any forward looking statements. Actual results could differ materially from those anticipated in the forward looking statements.

The internet is not a completely reliable transmission medium and there may be arbitrary delays and omissions in service provision. The Credo Group of companies will not be liable for any loss insofar as is permitted by the rules of the Financial Service Authority, resulting from a cause over which the Credo Group of companies does not have direct control. The Credo Group of companies will not be responsible for any damage to investors' computers, software, modems, telephones or other property resulting from investors' use of this site. Whilst endeavouring to ensure availability of this site 24 hours a day, the Credo Group of companies will not be liable for any loss or damage from this site not being available. Access to this site may be suspended temporarily or permanently and without notice.

We accept no responsibility for information or software provided by other sites which may be accessed by hypertext link from these pages and are not responsible for the maintenance or availability of such pages or the information or software which they contain.

All telephone calls are recorded in accordance with our regulatory obligations.

Data Protection

Any personal data obtained in the course of providing our services to you will be held and processed by us in accordance with the relevant data protection legislation.

Personal information may be transferred to any connected companies of the Credo Group to fulfil our service obligations.

We respect your privacy and will not supply personal information to anyone else unless you have given your permission for us to do so.

Investment Research

From time to time, the Credo Group may publish investment research and recommendations on this website. Such investment research may be either impartial or not. Set out below is the Credo Group's policy on the impartiality of research.

Policy of impartiality

Investment research issued by analysts is conducted under the following circumstances:

The analysts have no relationship with the issuer of securities;

The analysts' remuneration is not linked in any manner to the outcome of the recommendation;

The analysts do not receive any inducement from the issuer of securities to provide favourable research;

The research is not reviewed by any persons whose impartiality might reasonably be considered to conflict with the interests of the clients to whom the investment research is to be distributed;

The analysts are not involved in any other activities in the Credo Group that will place their impartiality in question.

In addition, the Credo Group does not undertake proprietary trading.

The Credo Group has a policy pursuant to which no personal account or customer (other than an unsolicited customer order) dealing is permitted until the customers for whom the publication is principally intended have had (or are likely to have had) a reasonable opportunity to act upon it.

In the event that the Credo Group has an investment mandate in an investment which is subject to a recommendation, such investment is placed on a restricted list and the above personal account rules are applicable.

The above policies and procedures are strictly monitored by the compliance team.

Research that is not impartial

In the event that a newsletter or recommendation does not comply with the above policy, readers will be warned that the research cannot be relied upon as being impartial, objective or independent.