This website is issued and approved by The Lindsell Train Investment Trust plc ("LTIT") and is intended for professional investors only and not retail clients. LTIT reserves the right to make changes to the website, our policies and our terms at any time.

When visiting this website you will be asked to accept our terms at the end of this disclaimer. Your decision to accept these terms will be stored in a temporary cookie on your machine. This cookie will expire at the end of the server session which is approximately one hour after your acceptance of these terms.

DISCLAIMERS

The information available on this website does not constitute an offer of, or an invitation to apply for or purchase, any securities. Nothing in this website constitutes any investment, legal, tax and other advice and it is not to be relied upon in making any investment decision.

JURISDICTION

The information contained in this website is intended only for persons who are resident in the United Kingdom. None of the services, investments or funds referred to in this site are available for sale or use in any jurisdiction where such activity is prohibited. Persons who are resident outside the UK, in particular persons who are resident in the USA should consult their professional advisers or local regulator to satisfy themselves that they are not subject to any local regulatory requirements which prohibit them from doing so.

ACCURACY OF INFORMATION

Any research or analysis used in the preparation and content of this website has been sourced by LTIT for its own use and we believe the contents to be a true and accurate reflection of the information contained within the website at the date and time of writing although we give no assurances or warranty regarding the accuracy, completeness, or applicability of any of the content in relation to specific situations or particular circumstances. LTIT accepts no responsibility for and excludes all liability (whether direct, indirect or consequential) for damage or loss in connection with the use of this website, use of any information contained within the website and the downloading of any material from the website, including but not limited to errors, inaccuracies, omissions and misleading or defamatory statements. It is your responsibility to ensure that you take such necessary precautions when using this website.

In making information available on a client company website, LTIT is acting for the company and no one else.

REGULATORY RISK WARNING

The value of investments and the income from them may go down as well as up and is not guaranteed, so an investor may not get back the amount originally invested. Past performance is no guarantee of future performance. Changes in exchange rates may have an adverse effect on the value, price or income of investments. Investment trusts have the ability to borrow money, known as "gearing" which can improve returns of an investment in rising markets but can reduce returns in falling markets. Shares in investment trusts can fluctuate in accordance with demand and supply and may not reflect the underlying net asset value of the shares. The spread between a purchase and a sale price can vary widely. If the investment trusts hold securities denominated in a currency other than sterling, movements in exchange rates may affect the value of your investment.

LINKS TO EXTERNAL WEBSITES

This website may contain links to other websites maintained by third parties over whom LTIT has no control. LTIT and its partners and personnel take no responsibility for approving, screening or reviewing the contents of the linked websites and should not be regarded as an endorsement of the service or the site. LTIT makes no representations as to the accuracy, legality or any other aspect of information contained in the linked websites. You use such links at your own risk.

COPYRIGHT

Under no circumstances should any information be copied, reproduced or redistributed without express prior written consent from LTIT.

SOCIAL MEDIA DISCLAIMER

Investments involve risks. The value of investments and the income derived from them may go down as well as up and you may not receive back all the money which you invest. Past performance is no guarantee of future performance.

The investments and investment services described or recommended on LTIT’s social media pages may not be suitable for all people. You should seek your own professional advice as to the suitability of any such investment or service before you enter into any transaction.

LinkedIn and Twitter are owned by a third party unaffiliated with LTIT. We are not responsible for Twitter or LinkedIn’s privacy, security, or terms of use policies that control this service, nor their content, software, or tools (or those of any third party) that are available through links from this page. Use of any third-party site/media, software and materials is at your own risk.

LTIT does not control, adopt, endorse or accept responsibility for how the information contained herein is displayed, or other content, tools, products or services (including any software, links, advertising, opinions, comments, or security or privacy policies) available on or through third-party sites or media.

Comments and opinions posted by users are the responsibility of the person who posted them. LTIT does not adopt, endorse, or guarantee the accuracy of content posted by others, and such content does not represent the views of LTIT.

Reliance upon information in this site and the information contained herein is at the sole discretion of the viewer. LTIT accepts no liability whatsoever for any loss arising from use of this site or any information, opinion or estimate herein.

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