Investor Eligibility
HNW investor
I declare that I am a certified high net worth individual for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. I understand that this means: (a) I can receive financial promotions that may not have been approved by a person authorised by the Financial Services Authority; (b) the content of such financial promotions may not conform to rules issued by the Financial Services Authority; (c) by signing this statement I may lose significant rights; (d) I may have no right to complain to either of the following:- (i) the Financial Services Authority ; or (ii) the Financial Ombudsman Scheme; (e) I may have no right to seek compensation from the Financial Services Compensation Scheme. I am a certified high net worth individual because at least one of the following applies- (a) I had, during the financial year immediately preceding the date below, an annual income to the value of £170,000 or more; (b) I held, throughout the financial year immediately preceding the date below, net assets to the value of £400,000 or more. Net assets for these purposes do not include- (i) the property which is my primary residence or any loan secured on that residence; (ii) any rights of mine under a qualifying contract of insurance within the meaning of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001; or (iii) any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled. I accept that I can lose my property and other assets from making investment decisions based on financial promotions. I am aware that it is open to me to seek advice from someone who specialises in advising on investments.
Sophisticated Investor
The requirements that must be met for a person to qualify as a certified sophisticated investor are that such
a person;
1
Has a current certificate in terms of COBS 4.12.7r being one signed and dated not more than three years
before the date on which the promotion is made, in writing or other legible form, signed by an authorised
person in terms of FSMA to the effect that the recipient of that promotion is sufficiently knowledgeable to
understand the risks associated with investments of the kind set out in this Information Memorandum, and
Has signed, within a period of 12 months ending with the day on which the communication is made, a
statement in the prescribed terms under COBS 4.12.7r. An application from such a person will only be
accepted if the “condition” set out below is satisfied.
I make this statement so that I can receive promotional communications which are exempt from the restriction on
promotion of non-mainstream pooled investments. The exemption relates to certified sophisticated investors and
I declare that I qualify as such.
I accept that the investments to which the promotions will relate may expose me to a significant risk of losing
all of the money or other property invested. I am aware that it is open to me to seek advice from an authorised
person who specialises in advising on non-mainstream pooled investments.
SOPHISTICATED INVESTOR STATEMEN