The fund described on this web site, PYN Elite Fund (hereinafter “the Fund”), is an alternative investment fund according to the Finnish Alternative Investment Fund Managers Act (162/2014, as amended) and a special mutual fund according to the Finnish Mutual Funds Act (48/1999, as amended), meaning it may derogate from the provisions of the Finnish Mutual Funds Act regarding investment of the assets, risk diversification, issue and redemption of the fund units and publication of information (a non-UCITS). The Fund is managed by PYN Fund Management Ltd, located at Mannerheiminaukio 1 E, 00100 Helsinki, Finland. PYN Fund Management Ltd is authorized and supervised by the Finnish authority for supervision of financial and insurance sectors, Financial Supervisory Authority (FIN-FSA).

These web pages contain general information about the Fund and PYN Fund Management Ltd. Investors should remember that distribution of information concerning the Fund and/or investing in this Fund may be restricted by law in certain jurisdictions. It is the investors’ responsibility to observe and comply with such restrictions. Potential investors must use their own judgment and consult their own advisors when forming an opinion about this fund or any related legal, financial and/or tax matters. No material presented on these pages is to be construed as a binding offer to buy or sell fund units, nor is it to be interpreted as a solicitation to undertake any other investment activity in any country it is not permitted or in which the party concerned has no required authorization.

Potential investors should be aware of that the units of this Fund have not been registered and will not be registered in accordance with any securities legislation in the United States, Canada, Japan, Australia, New Zealand, or anywhere outside of Finland. PYN Fund Management Ltd has not taken any measures to ensure that purchase of units in this fund may take place according to the applicable law in any other country than Finland. Accordingly, the fund is only marketed in Finland to Finnish investors. Especially investors residing in the United States of America (USA) may not invest in the Fund and the Fund may not be, directly or indirectly, marketed, offered or sold within the United States or to natural or legal persons residing in the United States or on behalf of them.

A subscription notice regarding funds managed by PYN Fund Management Company Ltd. shall be made based on the information provided in the most recent fund prospectus and/or key investor information document (if applicable), the rules of the Fund as well as the most recent reviewed annual and/or semi-annual report.  Any and all information presented herein shall be qualified by the information in the respective fund prospectus which is available at PYN Fund Management Ltd’s website (www.pyn.fi). PYN Fund Management Ltd does not guarantee the correctness or accuracy of any information presented, except for information contained in documents required to be presented by the Finnish law, such as individual prospectuses. Information provided on PYN Fund Management Ltd’s website and other documents has originally been prepared in the Finnish language and has been translated into English. In the event of any discrepancy between the two versions, the Finnish version shall prevail. The information presented is strictly for private use by its holder and may not be passed on to third parties.

No information presented may be regarded as investment advice, solicitation or recommendation to acquire units in the Fund or offer of any kind. The terms and conditions of the purchase of the units in the Fund shall be exclusively specified in rules of the relevant fund managed by PYN Fund Management Ltd as well as in the relevant fund prospectus and/or key investor information document, if applicable.

Investors should be aware that this Fund invests in a concentrated portfolio of companies of a small to medium market capitalization located in the Asian region. Share prices of such companies may be much more volatile and trading liquidity much lower than for shares of larger companies. The Fund must therefore be considered as a high risk investment. The value of an investment may either rise or fall and investors are therefore at risk of losing assets invested in the Fund partly or totally. Please also note that this Fund is not covered by the Finnish Investors’ Compensation Fund or Deposit Guarantee Fund.

The Fund or PYN Fund Management Ltd. accepts no liability for any financial loss or any direct or indirect damage which may result from an investment or other decision based on the information published on these pages. Any dispute, controversy or claim arising out of or in connection with information regarding this fund shall be settled in accordance with Finnish law exclusively by Finnish courts.