This website and the materials herein are directed only to certain types of investors in certain jurisdictions where the fund is authorised or otherwise permitted for distribution, as defined and listed below.
Please read this page before proceeding, as it explains certain restrictions imposed by law on the distribution of this information and the countries in which our funds are authorised for sale.
By proceeding to access this website, you certify that you are resident or established (if acting on behalf of an organisation) in one of the countries listed below and that you or your organisation qualify as an eligible investor, as defined below.
You should not proceed if you are not resident or established (in the case of an organisation) in a country that is not listed below and/or if you do not qualify as an eligible investor in that country, as defined below.
Where an investor type requires you to have been “opted-up” to that investor classification, to have undergone any assessment or to have complied with any formality or other criteria (including if any such obligation applies to your financial advisor/intermediary), you hereby confirm to have been successfully opted-up and to have undergone, completed or otherwise satisfied any such assessments, requirements or other criteria to be categorised as that investor type. If you have not yet completed such process or are unsure, please speak with your financial advisor or wealth manager before accessing the website.
If you are uncertain as to whether you can be classified as an eligible investor, then you should seek independent advice.
The information on this website does not constitute investment advice, or an offer to sell or the solicitation of an offer to buy any securities in any fund or product offered by Macquarie Asset Management (together with its affiliates, “MAM”), and is not soliciting an offer to buy securities in any fund or product in any country where the offer or sale is not permitted.
Any offer or solicitation may only be made pursuant to the current offering documents for such fund, which will be provided only to eligible investors. Please read the important end notes and additional disclosures contained on the website and any materials provided therein. It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction.
This website may be deemed a “marketing communication” in certain jurisdictions. The materials and content displayed on the website are not contractually binding and are not sufficient for an investor to make an investment decision. All investors should consider the investment objectives, risks, fees and expenses of any fund carefully before making a final investment decision.
Applications to invest in any fund referred to on this website, must only be made on the basis of the offering documents for that specific investment (e.g., the prospectus, supplement, key information document or other applicable terms and conditions). All investors are urged to carefully read such documents in their entirety before investing.
Any performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s interests, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance data quoted. Past performance does not predict future returns. Returns may also increase or decrease as a result of currency fluctuations. There can be no assurance the fund will achieve its objectives or avoid significant losses. If you are unsure about the meaning of any information provided, please consult with your financial other professional adviser.
Any securities referenced herein are not being offered in the United States or to U.S. persons, and any such offering is not directed to U.S. persons.
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[The information contained on this website is subject to copyright with all rights reserved. It must not be reproduced, copied or redistributed in whole or in part.]
By clicking ‘I confirm’ below, you certify that you are an eligible investor who is accessing this website from an eligible jurisdiction (as defined below), and acknowledge the information provided herein, including the descriptions of the risks associated with investing in any fund available on the website.
If you are not an eligible investor or are not accessing the website from one of the eligible jurisdictions, you cannot view the website, in which case please do not proceed, click ‘I decline’ and leave the website. The U.S. is not an eligible jurisdiction.
1. European Economic Area (EEA)
By clicking ‘I confirm’ below, I certify that I am a “Professional Investor” (as defined below) who is resident or has its registered office in one of the following EEA countries:
Austria, Denmark, Finland, France, Germany, Iceland, Ireland, Italy, Liechtenstein, Luxembourg, the Netherlands, Norway, Spain or Sweden.
“Professional Investor” means an investor which is a professional client or who may, on request, be treated as a professional client within the meaning of Annex II to Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (“MiFID”), and includes any person or entity that qualifies as a credit institution, investment firm, other regulated financial institution, insurance company, collective investment scheme, pension fund or other persons or entities who have been “opted-up” to professional client status in accordance with MiFID.
If you are resident or have a registered office in Austria, Denmark, Germany, Italy or the Netherlands and do not qualify as a “Professional Investor”, please refer to the “Semi-Professional Investors” category defined below in the respective country sections.
2. Austria
In Austria, the website and materials are also available to “Semi-Professional Investors”, which means an investor who meets all of the following requirements:
(a) holds unencumbered bank deposits and financial instruments of more than EUR 250,000;
(b) has been assessed as having the necessary expertise, experience and knowledge by the fund manager or the distributor;
(c) is able to make his/her own investment decisions and understands the risks associated with the investment and that any investment is appropriate for the investor as determined by the fund manager or the distributor; and
(d) who intends making an investment for the purpose of diversification and risk spreading of their assets.
By clicking ‘I confirm’ below, I certify that I am not a retail investor. If you are a retail investor, click ‘I decline’ and do not proceed to the website.
3. Denmark
In Denmark, the website and materials are also available to “Semi-Professional Investors”, which means an investor intending to invest at least EUR 100,000 in the relevant fund and who has undertaken, by way of a written declaration, to be familiar with the risks associated with investing in alternative investment funds.
By clicking ‘I confirm’ below, I certify that I am not retail investor. If you are a retail investor, click ‘I decline’ and do not proceed to the website.
4. Germany
In Germany, the website and materials are also available to “Semi-Professional Investors”, which includes a person who:
(a) intends investing a minimum of EUR 200,000;
(b) has signed a written statement that the he/she is aware of the risks of his/her investment;
(c) has sufficient knowledge and experience of the relevant financial markets, products or transactions and the associated risks;
(d) on reasonable grounds, is assessed to be capable of being able to make proper investment decisions and such investment and related risks are considered appropriate for the investor;
(e) and in each case, such criteria have been confirmed in writing by the fund manager or the relevant distributor.
By clicking ‘I confirm’ below, I certify that I am not a retail investor. If you are a retail investor, click ‘I decline’ and do not proceed to the website.
5. Italy
In Italy, the website and materials are also available to “Semi-Professional Investors” means an investor falling within the scope of Decree No. 30/2015, as follows:
(a) who intends subscribing to the relevant fund in an amount not lower than EUR 500,000;
(b) who intends subscribing to the relevant fund following the receipt of investment advice, and in an amount of at least EUR 100,000, provided that, as a result of that subscription, the whole investment portfolio of that client in EU alternative investment funds does not exceed 10% of that client’s financial portfolio; or
(c) intermediaries licensed to provide portfolio management services and whilst providing those services, intend subscribing to the relevant fund in an amount exceeding EUR 100,000 on behalf of such investor.
By clicking ‘I confirm’ below, I certify that I am not a retail investor. If you are a retail investor, click ‘I decline’ and do not proceed to the website.
6. Netherlands
In the Netherland, the website and materials are also available to “Semi-Professional Investors”, which means investors intending to invest at least EUR 100,000 in the relevant fund.
By clicking ‘I confirm’ below, I certify that I am not a retail investor. If you are a retail investor, click ‘I decline’ and do not proceed to the website.
7. United Kingdom
By clicking ‘I confirm’ below, I certify that I am a “Professional Investor” (as defined below) who is resident or has its registered office in the United Kingdom.
“Professional Investor” means:
(a) persons who fall within one of the categories of “investment professionals” as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (SI 2005/1529) (the “FPO”);
(b) persons who are “high net worth individuals” within the meaning of Article 48 of the FPO, namely individuals who have completed and signed a statement in compliance with Part I of Schedule 5 of the FPO not more than twelve months prior to the date of this communication;
(c) persons who fall within one of the categories of “high net worth companies, unincorporated associations etc” within the meaning of Article 49 of the FPO;
(d) persons who are “self-certified sophisticated investors” as described in Article 50A of the FPO, namely persons who hold a current certificate and who have signed a statement in compliance with Part II of Schedule 5 of the FPO not more than twelve months prior to the date of this communication;
(e) an “elective professional client” – i.e., a client, other than a local public authority or a municipality, that would otherwise be a retail client that has elected to be treated as a professional client and has been “opted-up” in accordance with applicable law; or
(f) any other persons or entities that qualify as “professional clients” under Section 3.5 of the Conduct of Business Sourcebook of the FCA Handbook of Rules and Guidance, such as an entity that is required to be authorised or regulated to operate in the financial markets, etc.
By clicking ‘I confirm’ below, I certify that I am not a retail investor. If you are a retail investor, click ‘I decline’ and do not proceed to the website.
8. Hong Kong
Access to this website from Hong Kong is hosted by Macquarie Funds Management Hong Kong Limited (“MFMHK”), which is licensed by the Securities and Futures Commission in Hong Kong to carry out Type 1 (dealing in securities) and Type 4 (advising on securities) regulated activities as defined in the Securities and Futures Ordinance (Cap. 571, the Laws of Hong Kong, the “SFO”).
In Hong Kong, the website and materials are only intended for “Professional Investors”, as defined under Part 1 of Schedule 1 to the SFO, which includes the following:
(a) certain High Net Worth Individuals who have a portfolio of liquid assets of not less than HK$ 8,000,000 (or equivalent) at the relevant date or as ascertained in accordance with applicable law and when any one or more of the following are taken into account: (i) a portfolio of the individual’s own account; (ii) a portfolio on a joint account with the individual’s associate; (iii) the individual’s share of a portfolio on a joint account with one or more persons other than the individual’s associate; or (iv) a portfolio of a corporation which, at the relevant date, has as its principal business the holding of investments and is wholly owned by the individual;
(b) an authorised insurer; a regulated provider of investment services; a bank; an authorised collective investment scheme; a pension fund registered under the Mandatory Provident Fund Schemes Ordinance and the management companies of such funds; a pension fund registered under the Occupational Retirement Schemes Ordinance or offshore schemes (as defined in that Ordinance); or national governments and international and supranational institutions such as the World Bank, International Monetary Fund and regional development banks.
The contents of the website and the offering documents of the product(s) referred to on the website have not been reviewed by the Securities and Futures Commission or any regulatory authority in Hong Kong and no action has been taken in Hong Kong to authorise this website or the materials on this website. You are advised to exercise caution when viewing this website.
By clicking ‘I confirm’ I hereby certify that I am a “Professional Investor” (as defined above). If you do not qualify as a Professional Investor, you cannot view the website, in which case please click ‘I decline’ and leave the website immediately.
9. Singapore
In Singapore, Macquarie Infrastructure Management (Asia) Pty Limited, Singapore Branch, which holds a capital markets services licence for fund management issued by the Monetary Authority of Singapore, is the issuer of the materials on this website. For avoidance of doubt, the materials on this website are factual in nature and are not advertisements for any financial product, including collective investment schemes.
In Singapore, the website and materials are only intended for “Accredited Investors”, which means persons listed in section 4A of the Securities and Futures Act 2001 of Singapore, and include the following:
(a) an individual whose:
net personal assets exceed S$2 million in value (or its equivalent in a foreign currency) or such other amount as the MAS may prescribe in place of the first amount (the value of an individual’s primary residence is: (A) to be calculated by deducting any outstanding amounts in respect of any credit facility that is secured by the residence from the estimated fair market value of the residence, and (B) is taken to be the lower of the value calculated under (A) or S$1 million);
financial assets (net of any related liabilities) exceed in value S$1 million (or its equivalent in a foreign currency) or such other amount as the MAS may prescribe in place of the first amount, where “financial asset” means a deposit as defined in Section 4B of the Banking Act 1970 of Singapore, an investment product as defined in Section 2(1) of the FAA or any other asset as may be prescribed by regulations made under Section 341 of the SFA; or
income in the preceding 12 months is not less than S$300,000 (or its equivalent in a foreign currency) or such other amount as the MAS may prescribe in place of the first amount;
(b) a corporation (as defined in Section 4(1) of the Companies Act 1967 of Singapore) with net assets exceeding S$10 million in value (or its equivalent in a foreign currency) or such other amount as the MAS may prescribe, in place of the first amount, as determined by its most recent audited balance sheet or, in the case of a corporation which is not required to prepare audited accounts regularly, a balance sheet of the corporation certified by it as giving a true and fair view of the state of affairs of the corporation as of the date of the balance sheet, which date shall be within the preceding 12 months;
(c) an entity (other than a corporation) with net assets exceeding S$10 million in value (or its equivalent in a foreign currency). For the purpose of this category, an “entity” includes an unincorporated association, a partnership and the government of any state, but does not include a trust;
(d) a partnership (other than a limited liability partnership within the meaning of the Limited Liability Partnerships Act 2005 of Singapore) in which each partner is an Accredited Investor;
(e) a corporation (as defined in Section 4(1) of the Companies Act 1967 of Singapore), the entire share capital of which is owned by one or more persons, all of whom are Accredited Investors;
(f) a person who holds a joint account with an Accredited Investor in respect of dealings through that joint account.
By clicking ‘I confirm’ below, I attest that I reside in Singapore and I am an “Accredited Investor” (as defined above). By clicking to enter into this website, I acknowledge and agree that none of the materials available to me on the website constitute an offer to me of any financial products, including collective investment schemes.
By clicking ‘I confirm’ below, you certify that you are an eligible investor who is accessing this Website from an eligible jurisdiction, and acknowledge the information provided herein.
If you are not an eligible investor or not accessing the Website from one of the eligible jurisdictions, you cannot view the Website, in which case please do not proceed, click ‘I decline’ and leave the Website. The U.S. is not an eligible jurisdiction.
