First Global Disclosures

On smallcase, FGFPL has used information that is publicly available, including information developed in-house. Information gathered and used to provide this research advice is believed to be from reliable sources. FGFPL however, does not warrant or guarantee the accuracy, reasonableness and / or completeness of any information.

The data/statistics given in any communication/ blogs from First Global to explain general market trends in the securities market should not be construed as any research report/research recommendation.

The sector(s)/stock(s)/issuer(s) mentioned in this advice do not constitute any research reports/recommendations of the same. Past performances (if any) may or may not sustain in future and should not be used as a basis for comparison with other investments.

The strategies mentioned herein have been currently followed for the respective model portfolio and the same may change in future depending on market conditions and other relevant factors. There are no guarantees of returns/income generation in the research advice. Further, there are no assurances of any capital protection and/or capital guarantees to the investors in research advice.

Investors are advised to consult their own legal, tax and financial advisors to determine possible tax, legal and other financial implication or consequence of subscribing to the Smallcase portfolio being offered by FGFPL.

The content and data available on this website and related material, including but not limited to index value, return numbers and rationale are for information and illustration purposes only.

Charts and performance numbers are backtested/simulated results calculated via a standard methodology. Past performance does not guarantee future returns.

All information present on this website and related material is to help investors in their decision making process and shall not be considered as a recommendation or solicitation of an investment or investment strategy. Investors are responsible for their investment decisions and are responsible for validating all the information used to make the investment decision. Investor should understand that his/her investment decision is based on personal investment needs and risk tolerance, and information available in this document and related material is one among many other things that should be considered while making an investment decision.

Disclaimers for FG-HUM

Indices Comparisons

References to market or composite indices, benchmarks, or other measures of relative market performance over a specified period of time are provided for information only. Reference or comparison to an index does not imply that the portfolio will be constructed in the same way as the index or achieve returns, volatility, or other results similar to the index.

Indices are unmanaged, include the reinvestment of dividends and do not reflect transaction costs or any performance fees. Unlike indices, the First Global Human + Machine Model will be actively managed and may include substantially fewer and different securities than those comprising each index. Results for the First Global Human + Machine Model as compared to the performance of NIFTY 50, NIFTY 500, and Bank Nifty are for informational purposes only.

NIFTY 50 is a stock market index of the India stock market that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange of India Limited.

NIFTY 500 is a stock market index of the Indian stock market which include the top 500 listed companies on the National Stock Exchange of India Limited, representing approximately 96.1 percent of free float market capitalization and approximately 96.5 percent of the total turnover on the exchange.

Bank Nifty represents the 12 most liquid and large capitalized stocks from the banking sector which trade on the National Stock Exchange of India Limited.

The investment program of First Global Human + Machine Model does not mirror the indices and the volatility may be materially different than the volatility of the indices.

Direct comparisons between the First Global Human + Machine Model's performance and the aforementioned indices are not without complications. First Global Human + Machine Model's portfolio may contain options and may not be as diversified as market indices. The indices may be unmanaged, may be market weighted, and unlike the fund, indices do not incur fees and expenses. Due to the differences among the portfolios of First Global Human + Machine Model and the aforementioned indices, no such index is directly comparable to First Global Human + Machine Model.

For Performance Results

Performance results of First Global Human + Machine Model are presented for information purposes only and reflect the impact that material economic and market factors had on the manager’s decision-making process. No representation is being made that any investor or portfolio will or is likely to achieve profits or losses similar to those shown.

Performance results of First Global Human + Machine Model are net of fees and expenses to the investors; however, performance of individual investors may vary based upon differing management fee and incentive allocation arrangements, and the timing of contributions and withdrawals. Performance numbers were prepared by First Global (UK) Ltd. and have not been compiled, reviewed or audited by an independent accountant. The information provided is historical and is not a guide to future performance. Investors should be aware that a loss of investment is possible.

Performance results of First Global Human + Machine Model are net of all standard fees calculated at the highest rate charged, expenses and estimated incentive allocation. Returns are inclusive of the reinvestment of dividends and other earnings, including income from new issues. The return is based on monthly returns since inception and does not give effect to high water marks, if any. Returns may vary for investors who are restricted from participating in new issues.

This presentation cannot and does not guarantee or predict a similar outcome with respect to any future investment. First Global (UK) Ltd. makes no implications, warranties, promises, suggestions or guarantees whatsoever, in whole or in part, that by participating in any investment of or with First Global (UK) Ltd. you will experience similar investment results and earn any money whatsoever.

Graphs/Charts

The graphs, charts and other visual aids are provided for informational purposes only. None of these graphs, charts or visual aids can and of themselves be used to make investment decisions. No representation is made that these will assist any person in making investment decisions and no graph, chart or other visual aid can capture all factors and variables required in making such decisions.