Terms & Conditions

You must read the following information for your own protection and benefit. It explains the legal and regulatory restrictions which apply to any investment in the products referred to in this website.

The following conditions apply to your use of this website.


Conditions of use:

By using this website you confirm that you have read, understood and accepted these conditions. Tau Capital plc (“Tau”) may change these conditions. The changes will be posted on the website. Your access to this website is governed by the version of these conditions then-in-force. All disputes relating to these conditions or your use of the website are governed by the laws of England and Wales.


The distribution of the information contained on this website in certain jurisdictions may be restricted by law, including but not limited to the United States or US Persons (as defined in Regulation S under the U.S. Securities Act 1933). Accordingly persons who are not residents in the UK and who access this website should inform themselves of and to comply with any such restrictions.

The provision of information in this web site does not constitute an offer of securities to any person in the United States or to any U.S. Person as such term is defined under the Securities Act of 1933, as amended. The information contained in this site is not directed to any person in the United States. Funds referred to herein are neither registered under the United States Securities Act 1933 (as amended) or the United States Investment Company Act 1940 (as amended) or under the applicable securities laws of the other Prohibited Territories and, unless an exemption under such Acts or laws is available, may not be offered for sale or subscription or sold or subscribed directly or indirectly within the Prohibited Territories for the account or benefit of any national, resident or citizen of the Prohibited Territories. The distribution of this document in other jurisdictions may be restricted by law and therefore persons into whose possession this document comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of such jurisdictions.

No investments or services mentioned on this website are directed at US Persons who are not intermediate customers and market counterparties as defined by the Financial Services and Markets Act 2000 of the United Kingdom. The information contained herein does not constitute a distribution, an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction in which such distribution or offer is not authorised. As the Company is incorporated in the Isle of Man, the rights of shareholders may be different from the rights of shareholders in a UK incorporated company.

Nothing in this website should be construed as investment, tax, legal or other advice nor is it to be relied upon in making an investment decision. Those accessing the Tau website should consult their financial advisers regarding the suitability of any of the products referred to on this website. The value of investments and the income from them may go down as well as up and an investor may receive back less than the original investment; past performance is not necessarily a guide to future performance.

The website is provided to you on an “as is” basis. Tau does not guarantee that this website or any content is error-free, of satisfactory quality or suitable for any particular purpose, accurate, up-to-date, or available at all times. You are entirely responsible for your use of the website, and for the consequences of relying on any content.

To the maximum extent permitted by law, Tau disclaims all liability to you arising out of your use of the website. In particular, Tau shall not be liable for any direct or indirect loss or damage to you, any loss of profits, loss of business, revenue, data, goodwill or anticipated servicings, or any consequential loss or damage.

All content on this website is protected by copyright. Unless consent is given by Tau, no content, materials or images accessible on or via this website may be copied, reproduced, republished, uploaded, posted, transmitted or distributed in any way.

Date when last updated: 17 August 2007