The Optima Fund plc (the “Optima 1”), The Optima Series 2 Fund plc (the “Optima 2”), The Optima Series 3 Fund plc (the “Optima 3”) and The Optima Protected Cell Company plc (the "Optima PCC") are experienced investor funds and each complies with the requirements of the Isle of Man Financial Supervision (Experienced Investor Fund) (Exemption) Order 1999, as amended (the “Order”). Shares in each of the Optima 1, the Optima 2, the Optima 3 and the Optima PCC are only available to persons whom IFG Fund Administration (IOM) Limited considers to be sufficiently experienced to understand the risks associated with an investment in the Optima 1, the Optima 2, the Optima 3 and the Optima PCC (as the case may be). The value of shares and the income produced by them can fall as well as rise.
The Optima PCC is established as a protected cell company under the Protected Cell Companies Act 2004 (the “PCC Act”) and each Sub-Fund of the Optima PCC forms or will form a separate cell for the purposes of the PCC Act. This means that, under Isle of Man law and provided that the conditions of the PCC Act have been complied with, the assets attributable to each Sub-Fund of the Optima PCC will only be available to the creditors of that Sub-Fund of the Optima PCC. Prospective investors should bear in mind that the segregation of assets and liabilities in the Sub-Funds of the Optima PCC, whilst recognised and protected under Isle of Man law, may not be recognised in certain other jurisdictions in which the Optima PCC’s assets are or may be located.
Neither the Optima 1 nor the Optima 2 nor the Optima 3 nor the Optima PCC is subject to any form of regulation or approval in the Isle of Man and investors are not protected by any statutory compensation arrangements in the event of the failure of each of them. The Isle of Man Financial Supervision Commission does not vouch for the financial soundness of the Optima 1, the Optima 2, the Optima 3 or the Optima PCC or for the correctness of any statements made or opinions expressed with regard to them.
For investors in each of Optima 1, the Optima 2, the Optima 3 and the Optima PCC the relevant Scheme Particulars must be read (in conjunction with the relevant separate Supplementary Memoranda for the Optima PCC) which set out important information in relation to the Sub-Funds of each of them.