| Wholesale / Jurisdiction Disclaimer

The 1851 Emerging Companies Fund is open to existing investors only.

The information on this website has been prepared by 1851 Capital Pty Ltd (ABN 51 632 063 239) (AFSL 515 872) (1851 Capital).

Your access to this website is conditional upon your acceptance and compliance with the terms, conditions and disclaimers below and your use of, and/or access to this website constitutes your agreement to these terms of use. This website and the products and services described may be amended at any time without notice.

This website is general information only and is not intended to provide financial product advice to any person. No aspect of this website takes into account the objectives, financial situation or needs of any person. Before making an investment decision, you should read the relevant offer document and (if appropriate) seek professional advice to determine whether the investment is suitable for you.

The information contained in this website is not an offer, issue or sell, a recommendation or statement of opinion, or a report of either of those things intending, or that could be reasonably regarded as intending, to influence a person or persons to invest in any fund(s) managed by 1851 Capital (Fund) or any other financial product.

Any managed investment fund product offered via this website is offered via an information memorandum which contains all the details of the offer. Before making any decision to make or hold any investment in the Fund you should consider the information memorandum in full. Click accept to view this document.

An investment may achieve a lower than expected return and investors risk losing some or all of their principal investment. Past performance is no indication of future performance.

The information on this website (including any commentary) has been prepared based on information believed to be accurate as of the date of publication and the views of 1851 Capital. 1851 Capital makes no representation or warranty as to whether the content of this website is accurate, complete or up to date. Assumptions and estimates may have been made which may prove not to be accurate. 1851 Capital undertakes no responsibility to correct any such inaccuracy. Subsequent changes in circumstances may occur at any time and may impact the accuracy of the information.

This website does not constitute an offer to sell or a solicitation of an offer to buy any product or service in any jurisdiction (i) in which such offer or solicitation is not authorised, or (ii) in which the person making the offer is not qualified to do so, or (iii) to whom it is unlawful to make such offer or solicitation.

To the maximum extent permitted by law, 1851 Capital will not be liable in any way for any loss or damage suffered by you through use or access to this website, or 1851 Capital’s failure to provide this website.

Any projections contained in this website are estimates only and may not be realised in the future. Except where necessary for viewing the information on this website on your browser, no content from this website may be reproduced in any manner, and no further dissemination of it is permitted, without the express written consent of 1851 Capital.

The copyright on all information contained on this site is owned by 1851 Capital.

This website may contain links to websites offered by third parties. These linked websites are not under the control of 1851 Capital, and neither 1851 Capital nor any related entity makes any representations as to the contents of any third party websites.

The inclusion of these links does not in any way imply any form of endorsement by 1851 Capital of the products or services provided by persons or organisations who are responsible for the linked websites.

A copy of our Privacy Policy can be found at 1851capital.com.au/privacy.

All information has been prepared for the use of wholesale clients only (as defined under s761G or s761GA of the Corporations Act 2001 (Cth)).

| How do you qualify as a Wholesale Investor?

To be a wholesale investor the general rule is that you need to invest at least $500,000. If you are applying for $500,000 or more, you will be automatically deemed wholesale investor and no additional documentation is required.

If you are investing less than $500,000, the easiest way to establish that you are a wholesale client is to arrange for your accountant to provide an Accountant’s Certificate that is less than 24 months old certifying that:

• the investor themselves has the Required Net Assets or the Required Gross
  Income; OR
• together with any trusts or companies the investor controls, the investor has the Required Net Assets or the Required Gross Income; OR
• the investor is a trust or company controlled by a person who has the Required Net Assets or the Required Gross Income.

Required Net Assets means net assets of at least $2,500,000.
Required Gross Income means for each of the last two financial years, at least $250,000 a year.

There are other ways that you can qualify as a wholesale investor, including:

• based on your investing experience (the ‘sophisticated investor’ exemption) – the Manager has an Adviser’s or Accountant’s Certificate that you can arrange to be completed to attest to this – contact the Manager for a copy;
• you hold an Australian financial services licence; or
• provide a statutory declaration (or other satisfactory evidence) that you meet any of the other categories of wholesale client. These include that you:
  • are a person regulated by the Australian Prudential Regulation Authority (other than a trustee of a superannuation fund, an approved deposit fund, a pooled superannuation trust or a public sector superannuation scheme);
  • are a trustee of a superannuation fund, an approved deposit fund, a pooled superannuation trust or a public sector superannuation scheme within the meaning of the Superannuation Industry (Supervision) Act 1993 (Cth) with net assets of at least $10 million;
  • control at least $10 million for the purposes of investment in financial products (including any amount held by an associate or under a trust that the investing entity manages);
  • are a manufacturer and employ 100 or more people acquiring units in the Fund in connection with your business;
  • the investing entity is not a manufacturer but employs 20 or more people and is acquiring units in the Fund in connection with its business; or
  • are a listed entity, or a related body corporate of a listed entity.

Please contact the Administrator if you need assistance in providing the appropriate documentation to certify that you are a wholesale investor.