Please read the following legal notice carefully before proceeding.

Individuals who access the information made available on Aall STAR Asset Management's Web site agree to the following:

For Information Only

Not all securities, products, or services described in the Aall STAR Asset Management Web site are available everywhere. The information contained herein does not constitute a distribution, an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction in which such distribution or offer is not authorized. In particular, the information herein is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities in the United States ("US") to or for the benefit of any US person (being residents of the US or partnerships or corporations organized under the laws of the US). Aall STAR Asset Management funds have not been and will not be registered in the US according to the US Investment Company Act of 1940 and units or shares of Aall STAR Asset Management funds will not be registered in the US according to the US Securities Act of 1933.

Aall STAR Asset Management funds referred to in this web site are not recognised collective investment schemes for the purposes of the Financial Services and Markets Act 2000 of the United Kingdom (the "Act"). The promotion of such investment funds and the distribution of offering materials in relation to such funds in the United Kingdom is accordingly restricted by law. The information contained on the restricted part of this site (the "Restricted Area") is directed only at persons to whom such investment funds may lawfully be promoted by a person authorised under the Act (an "authorised person") by virtue of Section 238(5) of the Act and Annex 5 to Chapter 3 of the FSA Conduct of Business Sourcebook. Shares in the investment funds referred to in the Restricted Area are only available to such persons and information on this site must not be relied or acted upon by any other persons. Investors in the investment funds referred to in the Restricted Area will not benefit from the rules and regulations made under the Act for the protection of investors, nor from the Financial Services Compensation Scheme. Shares in the investment funds referred to in this Web site are not dealt in or on a recognised or designated investment exchange for the purposes of the Act, nor is there a market maker in such shares, and it may therefore be difficult for an investor to dispose of his shares otherwise than by way of redemption. Further, Aall STAR Asset Management fund shares will not be marketed in Ireland without the approval in writing of the Central Bank of Ireland.

Nothing in the Aall STAR Asset Management Web site constitutes investment, legal, tax or other advice nor is it to be relied upon in making an investment decision. Subscriptions for share or units in any of the Aall STAR Asset Management funds will only be made to existing clients or known properties of Aall STAR Financial Group which Aall STAR Asset Management deems suitable, on the basis of the current offering memorandum (or other offering document) for the relevant fund.

Privacy Policy

Aall STAR Asset Management will exercise reasonable precautions to maintain the confidentiality of all information provided in connection with accessing this site. Because such information can be accessed through the Internet, no assurance can be given that this information will remain secure. Aall STAR Asset Management may, at anytime, disclose such information to its employees, representatives, officers, agents or affiliates, as well as any government entity, in the conduct of its business, to comply with applicable rules, orders, subpoenas or other legal processes, or in order to provide information to any government agency or official requesting such information, or for any other legitimate business purpose.

This site does not collect personally identifying information about individuals except when specifically and knowingly provided by such individuals.

Proprietary Rights

Aall STAR Financial Group and Aall STAR Asset Management are registered Cayman Islands companies. No permission is granted to copy, distribute, modify, post or frame any text, graphics, video, audio, software code, or user interface design or logos. The entire Aall STAR Asset Management Web site is subject to copyright with all rights reserved.

The information contained on this Web site shall not be published, rewritten for broadcast or publication, or redistributed in any medium without prior written permission from Aall STAR Asset Management.

No Warranties

Aall STAR Asset Management takes care to ensure that the information provided on the Aall STAR Asset Management Web site is accurate at the date of publication. However the Aall STAR Asset Management Web site is provided without warranties of any kind, either expressed or implied, including but not limited to warranties of title or implied warranties of merchantability or fitness for a particular purpose. Opinions expressed herein are subject to change without notice.

All information and content on this Web site is furnished "AS IS," without warranty of any kind, express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, or non-infringement.

Aall STAR Asset Management will not assume any liability for any loss or damage of any kind, arising or caused by, whether direct or indirect, the use of any part of the information provided or the use of or download of any materials from this Web site.

While Aall STAR Asset Management makes reasonable efforts to avoid technical problems, at any time this Web site may have and may cause technical problems such as viruses and other damaging computer programming routines or engines.

Aall STAR Asset Management also takes reasonable security precautions when using the Internet, telephone or other means to transport data or other communications, but disclaims liability for any interception of data or communications.

Aall STAR Asset Management makes reasonable efforts to ensure that this Web site is secure but does not guarantee the security of this Web site, and is not liable for any damage or injury caused by the performance or failure of performance of all or any portion of this Web site and is not liable for any defects, delays, or errors in or resulting from use of this Web site.

Passwords

Aall STAR Asset Management may provide users with a password to access certain areas of this Web site.

Users are solely responsible for maintaining the confidentiality and security of such password and may not disclose such password to any third party. Users accept full responsibility for any use of their passwords and, as a condition to its issuance, must notify Aall STAR Asset Management immediately of any actual or suspected loss, theft, or unauthorized use of their password.

Aall STAR Asset Management is not obligated to inquire as to the authority or propriety of any use of or action taken under a user's password. Aall STAR Asset Management will not be responsible for any loss to user that arises from such use or action or from a user's failure to comply with these provisions.

Users also understand that being provided a password does not in and of itself allow a user to invest in an Aall STAR Asset Management fund, as investors in Aall STAR Asset Management funds must meet certain technical suitability requirements.

Users further understand that in order for Aall STAR Asset Management to exercise proper control of its web site, it may terminate the password of any user without notice for any (e.g., letting more than 90 days transpire between uses) or no reason.

Use of Links

The Aall STAR Asset Management Web site may contain hyperlinks to Web sites operated by other parties. Aall STAR Asset Management does not control the content or accuracy of information on such Web sites and does not otherwise endorse the material placed on such sites. Further, the warranties and Aall STAR Asset Management privacy policy as described herein would no longer apply with respect to your use of any hyperlinked or third-party web site. The hyperlinks are provided for your reference only.

Investment Performance

Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this Web site and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities may fluctuate and that each security's price or value may rise or fall. Accordingly, investors may experience a total loss of an investment or may receive back less than originally invested. Past performance is not necessarily a guide to future performance.

Copyright © Aall STAR Financial Group 2008.