The material in this web site is provided for your general information only and does not constitute the giving of investment advice or an offer to sell or the solicitation of an offer to buy any investment.

Whilst the information contained on this site has been given in good faith and every effort has been made to ensure its accuracy, ETF Securities Limited accepts no responsibility for loss occasioned as a result of reliance placed on any parts of the contents of this web site and makes no warranty as to the accuracy of any such information or content. The terms and conditions applicable to individual investors will be set out in the Prospectus.

The information provided on this site regarding ETF Securities Limited is not directed to any United States person or any person in the United States, any state thereof, or any of its territories or possessions.

Information displayed on this website contains material that may be interpreted by the relevant authorities in the country from where you are viewing the website as a financial promotion or an offer to purchase securities. Accordingly the information on this website is only intended to be viewed by persons who fall outside the scope of any law that seeks to regulate financial promotions in the country of your residence or in the country in which the website is being viewed. If you are uncertain about your position under the laws of the country in which the website is being viewed then you should seek clarification by obtaining legal advice from a lawyer practicing in the country of your residence or in the country in which the website is being viewed before accessing this website.

You should always bear in mind that:

• The investment performance of any security referred to on this website can be volatile and can go up or down.
• past performance is not an indication of expected future performance.
• rates of exchange may affect the value of investments in currencies other than US.
• applications to invest in securities referred to on this website must only be made on the basis of the relevant Prospectus.
• if you are in any doubt about the information contained on this website please contact us or consult your usual professional independent financial adviser, if you have one.

The description of any security referred to in this website is a general one. The terms and conditions applicable to individual investors will be set out in the relevant Prospectus.

Opinions and any other contents on this website are provided by ETF Securities Limited for personal use and information purposes only. No information provided on this website in relation to any product or investment should be construed as advice to you on the suitability or otherwise of that product or investment for you or any other person, such suitability depending on all the circumstances of the person concerned. Nothing contained on the website constitutes investment, legal, tax or any other advice nor is it to be relied on in making an investment or other decision. You should obtain relevant and specific professional advice before making any investment decision.