Disclaimer

It is very important that you read this warning and disclaimer before proceeding, as it explains certain legal and regulatory restrictions applicable to any investment services we provide.

You should be aware that the content of this website is issued by Asset Value Investors Limited (AVI), on behalf of British Empire Securities and General Trust plc ("British Empire"). AVI is authorised and regulated by the Financial Services Authority of the United Kingdom (the "FSA") and is a registered investment adviser with the Securities and Exchange Commission of the United States. While the Investment Manager is registered with the SEC as an investment adviser, it does not comply with the Advisers Act with regard to its non-U.S. clients.

This website is directed only at persons in the UK. This website should not be regarded as an invitation or inducement to engage in investment activity, as defined by the United Kingdom Financial Services and Markets Act 2000 in any jurisdiction other than the United Kingdom. Investors who are resident in or citizens of countries other than the United Kingdom may be subject to local restrictions. Nothing on this website constitutes investment, legal, tax or other advice nor should it be relied upon in making an investment decision.

British Empire Securities & General Trust plc is a public company listed and traded on the London Stock Exchange.

Past performance should not be seen as an indication of future performance. The price of investments and the income from them may fall as well as rise and investors may not get back the full amount invested. The trust uses gearing techniques (leverage) which will exaggerate market movements both down and up which could mean sudden and large falls in market value. Please refer to the Key Features Document for further details affecting your investment.

Applications to invest in British Empire Securities and General Trust referred to on this Site, must only be made on the basis of the current Key Features Document, or other applicable terms and conditions. Past performance should not be seen as an indication of future performance. Market and exchange rate movements may cause the value of a fund to rise or fall and an investor may not get back the amount invested.

As a result of money laundering regulations, additional documentation for identification purposes may be required when you make your investment. Details are contained in the relevant application documents.

If you are unsure about the meaning of any information provided please consult your financial adviser or other professional adviser.

By agreeing to these terms, you agree that we may contact you by post, fax, email, SMS messaging or by other forms of electronic media to inform you of our products and services that we believe you might be interested in.

By ticking the "I accept" box below you acknowledge that the information above has been brought to your attention.