The final submission has been made to the Financial Services Board (FSB), the financial regulator in South Africa. This is in relation to the launch of our first fund under the new Qualifying Investor Hedge Fund (QIHF) framework. We expect this process to complete in late January or early February. For the first time, South African investors will be able to invest in Belmont through a locally- registered, ZAR-denominated vehicle.
THIS SITE IS DIRECTED EXCLUSIVELY TO PERSONS NOT LOCATED OR RESIDENT IN THE UNITED STATES. INVESTMENT PRODUCTS DESCRIBED ON THIS SITE ARE NOT OFFERED BY BELMONT INVESTMENTS IN THE UNITED STATES OR TO ANY U.S. PERSONS.
Terms and Conditions of Use
Please read this page before proceeding, as it explains certain restrictions imposed by law on the distribution of this information and the countries in which that funds that we offer are authorised for sale. It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction. Belmont Investments (“Belmont”) reserves the right to change any part of these Terms & Conditions of Use without notice at any time. You need to read the Terms & Conditions of Use each time you access or use the site. If you are in any doubt as to whether this site can be accessed by you under the laws of your country of residence or location, then do not proceed any further. By virtue of your accessing, browsing or viewing these pages you have accepted the laws of Ireland as the law governing the operation and conduct of Belmont’s web site. The courts of Ireland shall have exclusive jurisdiction over all claims or disputes arising in relation to, out of or in connection with the Belmont web site and its use. The content of this site is provided without warranties of any kind, either express or implied. Belmont disclaims all warranties. Belmont does not warrant or represent that any of the content of its web pages, this web site, software downloaded from it or the Internet generally, will be uninterrupted or error free, that defects will be corrected or that this web site or the server from which it is accessed are free from computer viruses or other harmful component. The content of any page of the Belmont website is made available on the understanding that Belmont is not rendering any type of professional advice or opinion on specific matters and accordingly Belmont does not assume any liability whatsoever in connection with the use of its site. Belmont reserves the right to change and update the information on its site as it deems fit. If you wish to take action on the basis of the information on this site you should consult your legal, taxation and investment advisors before proceeding. Belmont will not be liable for any cost or consequential damages arising from the use of or the inability to use its web site. It is the responsibility of the user to evaluate the completeness, accuracy and usefulness of any opinions, information or services provided. The information provided on the site is based on Belmont’s understanding of current tax and legislative practice.
Privacy
Please read our Privacy Policy carefully.
Links
Belmont does not assume any responsibility for the content of the sites referenced from its site by linking functions. Further, Belmont does not guarantee that the linking functions on its site will be accurate at the time you use them. If and when you link to and enter sites referenced from Belmont’s website you will not be subject to these Terms & Conditions of Use.
Advice
Nothing contained within this site shall be deemed or construed to constitute financial or other professional advice. You should consult your financial advisor or other professional advisor if you require any financial advice. In considering an investment into any investment product you should not rely solely on the information contained within these site pages, and should carefully read the appropriate prospectus, confidential explanatory memorandum and other relevant documentation and/or terms and conditions relating to any specific investment product before applying to purchase. Specifically, Belmont currently has an exclusive distribution agreement with APM Funds and any materials presented in this website should be viewed in that light, given Belmont’s obvious lack of objectivity.
Alternative Investments
Belmont is primarily involved in the distribution of hedge funds, managed futures funds and other alternative investments. Investors should be aware that these types of investments often involve substantially higher levels of risk than more traditional investments. These risks include, but are not limited to, the high degree of leverage that may be used, the lack of transparency provided to the investor as to the nature of the underlying investment, the illiquidity of the instruments that the investment may ultimately hold, the lack of a secondary market for these investments and the high degree of concentration of investment manager risk. Alternative investments are generally not available to the investing public and should only be considered after careful review of the offering materials associated with any particular fund. Prospective investors should also take advice from their tax, legal and financial advisors before proceeding. It should be note the information contained in this website is not directed at, nor is it intended for distribution to, or use by, persons in any jurisdiction in which the investment products are not authorized for distribution or in which the dissemination of information regarding the investment products is not permitted. The information or opinions contained herein should not be construed as an offer to sell or the solicitation of an offer to buy any investment product nor shall any such investment products be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase or sale would be unlawful under the laws of such jurisdiction. A more detailed explanation of the restrictions associated with investing in each investment product is located in the prospectus for each investment product. The capital 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. Prospective investors should be aware of the underlying risks associated with investing in shares listed on certain stock markets which can be more volatile and less marketable than in more developed stock markets. The value of shares may rise or fall due to changes in the rate of exchange in the currency in which the funds are denominated if it is different from the investors’ own currency.
Specific Jurisdictions
United States – The funds shown in this website are not registered under the US Securities Act of 1933 and may not at any time be directly or indirectly offered or sold in the United States or to or for the benefit of any US person.
Hong Kong – The funds shown in this website have not been authorised by the Hong Kong Securities & Futures Commission for offer to the investing public and therefore may only be offered to Professional Investors, as defined in the Securities and Futures Ordinance (Cap 571) of Hong Kong, or in such other manner as to not define the particular Fund as a “Prospectus” under the Companies Ordinance (Cap. 32) of Hong Kong
Singapore – The funds shown in this website have not been lodged with and registered as a Prospectus with the Monetary Authority of Singapore. This memorandum may not be circulated or distributed in Singapore nor may any of the securities mentioned herein be offered for subscription or purchase, directly or indirectly, nor may any invitation to subscribe for or purchase any of such securities be made to any person in Singapore other than (i) an institutional investor under Section 274 of the Securities and Futures Act, (ii) a Relevant Person, or any person pursuant to Section 275(1A) of the SFA, and in accordance with the conditions specified in Section 275 of the SFA or (iii) otherwise pursuant to, and in accordance with the conditions of any other applicable provision of the SFA.
South Africa – The funds shown in this website have not been authorised by the Financial Services Board and therefore may not be marketed to the investing public in South Africa.
United Kingdom – The content of this website is directed at persons who are eligible counterparties and/or professional clients (as defined in the Financial Services Authority (“FSA”) Handbook), and at persons whom unregulated collective investment schemes may lawfully be promoted to in the UK under The Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001. In the United Kingdom, we will only be able to provide you with detailed information regarding the funds if you are able to prove to that you may be assessed as a person of the type whom unregulated collective investment schemes may lawfully be promoted to in the UK under The Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001. This may be the case if, for example, you are person of financial sophistication and/or high-net worth. For persons accessing this website on the basis that they are either persons of financial sophistication (self declared or declared by an authorised persons) or high-net worth we are required to inform you of certain regulatory matters which we do so towards the end of this regulatory statement. This will involve you affirming that you have signed an appropriate declaration in the twelve months prior to you accessing this website. If you are in any doubt as to whether you fall to be assessed as a person of financial sophistication or high-net worth you should seek advice from a suitably qualified, authorised person.
In general, this site, the content and the investment products are not directed at or intended for distribution to any person (or entity) who is a citizen or resident of (or located or established in) any jurisdiction where the use of the site (or the purchase or sale of the investment products) would be contrary to applicable law or regulation or would subject Belmont to any registration or licensing requirement in such jurisdiction. Persons who wish to access this site are required by Belmont to inform themselves about and to observe any legal or regulatory restrictions which may affect their eligibility to access the site or to subscribe for interests in the investment products. Professional advice should be sought in cases of doubt.
