Important Information: This document has been issued by Seneca Partners Limited. Seneca Partners Limited is authorised and regulated by the Financial Conduct Authority
Seneca Group (“Seneca”) refers to Seneca Partners Limited, Seneca Investments Limited, Seneca Capital Limited and Seneca Investment Managers Limited. This document is directed only
at, and contains information about products and services only available to persons that may be marketed to under the Financial Services and Markets Act (Financial Promotions) Order
2001. Investment information: Past performance should not be used as a guide to future performance, which is not guaranteed. The value of an investment and any income from it may
fluctuate and therefore an investor may not get back the amount invested. Prospective investors should be aware that returns over the short term may not match potential long term returns.
The information contained herein has been obtained from or based upon sources believed by us to be reliable, but is not guaranteed as to accuracy or completeness. The information
provided does not constitute advice or a personal recommendation for which the duty of suitability would be owed by us, and you should seek your own advice as to the suitability of any
investment mentioned herein. Detailed information about each product and service, including the risks associated with each investment, can be obtained from Seneca Partners Limited.
Jurisdictions: This document does not constitute an offer, invitation or inducement to distribute or purchase shares or to enter into an investment agreement by Seneca in any jurisdiction in
which such offer, invitation or inducement is not lawful or in which Seneca is not qualified to do so or to anyone to whom it is unlawful to make such offer, invitation or inducement. The shares in
Seneca funds have not and will not be offered for sale in the United States of America and all areas subject to its jurisdiction or to United States.