Disclaimer

Arbra Wealth Management Ltd (FRN 996592) is an Appointed Representative of Avelios Alternative Assets Ltd (FRN 928816) which authorised and regulated by the Financial Conduct Authority.

The information, products, or services described or referenced herein are intended to be for information purposes only. This material is not intended to be a recommendation, offer, solicitation or advertisement to buy or sell any securities, securities related product or service, or investment strategy, nor is it intended to be to be relied upon as a forecast, research, or investment advice.

The products or services described or referenced herein may not be suitable or appropriate for the recipient. Many of the products and services described or referenced herein involve significant risks, and the recipient should not make any decision or enter into any transaction unless the recipient has fully understood all such risks and has independently determined that such decisions or transactions are appropriate for the recipient. Investment involves risks. Any discussion of risks contained herein with respect to any product or service should not be considered to bea disclosure of all risks or a complete discussion of the risks involved. Investing in foreign securities is subject to greater risks including currency fluctuation, economic conditions, and different governmental and accounting standards. There are risks associated with futures contracts. Futures contract positions may not provide an effective hedge because changes in futures contract prices may not track those of the securities they are intended to hedge. Futures create leverage, which can magnify the potential for gain or loss and, therefore, amplify the effects of market, which can significantly impact performance. There are also risks associated with investing in fixed income securities, including interest rate risk, and credit risk.

The recipient should not construe any of the material contained herein as investment, hedging, trading, legal, regulatory, tax, accounting or other advice. The recipient should not act on any information in this document without consulting its investment, hedging, trading, legal, regulatory, tax, accounting and other advisors. Information herein has been obtained from sources we believe to be reliable but neither Arbra Wealth Management Ltd or its parents, subsidiaries or affiliates warrant its completeness or accuracy. No responsibility can be accepted for errors of facts obtained from third parties.

Past performance is not indicative of future results. Performance information is for illustrative purposes only, and does not represent the performance of any actual investment or portfolio, and should not be viewed as a recommendation to buy or sell.

The materials in this document represent the opinion of the authors at the time of authorship and they may changed are not representative of the views of Arbra Wealth Management Ltd or its parents, subsidiaries, or affiliates. Arbra Wealth Management Ltd does not certify the information, nor does it guarantee the accuracy and completeness of such information. Use of such information is voluntary and should not be relied upon unless an independent review of its accuracy and completeness has been performed. Materials may not be reproduced without the express consent of Arbra Wealth Management Ltd.