PROFESSIONAL INVESTOR DECLARATION AND WAIVER

I declare that I am an elective professional investor for the purposes of the restriction on promotion of non-mainstream pooled investments. I understand that this means:
  1. I can receive promotional communications made by a person who is authorised by the Financial Conduct Authority which relate to investment activity in non-mainstream pooled investments;
  2. the investments to which the promotions will relate may expose me to a significant risk of losing all of the property invested.
I am an elective professional investor because at least two of the following applies:
  1. I have carried out transactions, in significant size, on the relevant market at an average frequency of 10 per quarter over the previous four quarters;
  2. my financial instrument portfolio, defined as including cash deposits and financial instruments, exceeds EUR 500,000;
  3.  I work or have worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services envisaged;

I confirm that the information I have provided regarding my investing experience is true and I consider myself to be an experienced investor with an understanding of alternative assets and similarly illiquid products.

I wish to be treated by Asset Tribe as elective professional investor. I confirm I am not, or do not represent, a public authority or municipality in the UK or elsewhere.

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested.
I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled investments.

As an elective professional investor, you should be aware that you lose a number of rights and protections of the UK regulatory regime which are set out below. Prior to confirming your elective professional status, we are required by our regulators to obtain your documented confirmation that you understand that you are losing these protections.

The protections you may lose are:

Communication with clients: A firm must ensure that its communications with all clients are fair, clear and not misleading. However, the way in which a firm may communicate with professional clients (about itself, its services and products, and its remuneration) may be different from the way in which the firm communicates with retail clients. A firm’s obligations in respect of the level of detail, medium and timing of the provision of information are different depending on whether the client is a retail or professional client.

Information about costs and associated charges: A firm must provide clients with information on costs and associated charges. The information provided may not be as comprehensive for professional clients as it must be for retail clients.

Description of the nature and risks of packaged investments:

a firm that offers an investment service with another service or product or as part of a package or as a condition of the same agreement or package with a retail client must:

  1. inform retail clients if the risks resulting from the agreement or package are likely to be different from the risks associated with the components when taken separately; and
  2. provide retail clients with an adequate description of the different components of the agreement or package and the way in which its interaction modifies the risks.

The above requirements do not apply with respect to professional clients.

Information about a financial instrument in respect of which a prospectus is available:

Where a firm provides retail clients with information about a financial instrument that is the subject of a current offer to the public and a prospectus has been published in connection with that offer, it must inform such retail clients where that prospectus is made available to the public; and do so in good time before the provision of investment services or ancillary services. These requirements do not apply with respect to professional clients.

Information about currency fluctuations:

Where a firm provides a retail client with information which contains an indication of the past performance of a financial instrument, a financial index or an investment service, and the indication relies on figures denominated in a currency other than that of the Member State in which that retail client is resident, the firm must state the relevant currency and provide enhanced warnings that returns may increase or decrease as a result of currency fluctuations. This requirement does not apply in respect to professional clients.