I. General Disclaimer

PLEASE READ THIS IMPORTANT INFORMATION BEFORE PROCEEDING FURTHER.

This page contains legal and regulatory notices relevant to the information contained on this website. By accessing the site you agree to be bound by the following terms and conditions.

The information on this site ("Information") is provided for general information and is not an offer to sell, or a solicitation of any offer to buy, any interest in the investment funds managed by Chikara Investments LLP (the "Chikara Funds"). In particular, this website is not intended as marketing of any Chikara Fund in any member state of the European Economic Area for the purposes of the EU Directive 2011/61/EU on Alternative Investment Fund Managers.

II. Information on this Site

The Information is issued by Chikara Investments LLP, a limited liability partnership incorporated in England and Wales under number OC310342 ("Chikara"), authorised and regulated by the Financial Conduct Authority ("FCA").

The Information is not directed at any person in any jurisdiction where it is illegal or unlawful to access and use such information. Chikara disclaims all responsibility if you access or download any Information in breach of any law or regulation of the country in which you reside.

The Information is not directed at any person in the United States and this site is not intended to be used by any person in the United States other than persons who are "qualified purchasers" (as defined in the United States Investment Company Act of 1940, as amended) and/or "accredited investors" (as defined in Rule 501(a) under the United States Securities Act of 1933).

Accordingly, all persons who access this site are required to inform themselves of and to comply with all applicable sales restrictions in their home country.

Compliance with Certain Restrictions Relating to the Chikara Funds

SWITZERLAND

Apart from as noted below, the Chikara Funds have not been and cannot be registered with the Swiss Financial Market Supervisory Authority (FINMA) and cannot be distributed in Switzerland.

Chikara Funds plc, one of the Chikara Funds, may be distributed in Switzerland to both non-qualified investors and qualified investors.

The representative in Switzerland is 1741 Fund Solutions Ltd, Burggraben 16, CH-9000 St. Gallen. The Swiss Paying Agent in Switzerland is Tellco Ltd, Bahnhofstrasse 4, CH-6430 Schwyz. The prospectus, the articles of association, the Key Investor Information Documents, as well as the annual and semi-annual reports in relation to Chikara Funds plc, may be obtained free of charge from the representative. In respect of the units distributed in and from Switzerland, the place of performance and jurisdiction is the registered office of the representative.

III. No Advice

The Information is provided for informational purposes only and on the basis that you make your own investment decisions and do not rely upon it. Chikara is not soliciting any action based on it and it does not constitute a personal recommendation or investment advice. Users of this website should be aware that Chikara is not acting for, or advising them, and is not responsible for providing them with the protections available under the UK regulatory system to those who are clients of Chikara. Compensation will not be available from the UK’s Financial Services Compensation Scheme. Should you have any queries about Chikara Funds, you should contact your financial adviser.

IV. Accuracy of Information

The Information (including any expression of opinion or forecast) has been obtained from, or is based on, sources believed by Chikara to be reliable, but is not guaranteed as to its accuracy or completeness and should not be relied upon. The Information is provided without obligation on the part of Chikara and on the understanding that any person who acts upon it or changes his investment position in reliance on it does so entirely at his own risk. The Information does not constitute an offer to buy or sell or an invitation to make an offer to buy or sell shares in any Chikara Fund.

Information is current only as at the date it is first posted and may no longer be true or complete when viewed by you. All Information may be changed or amended without prior notice. Chikara does not undertake to update this site regularly.

V. No Liability

No representation, warranty or undertaking is given as to the accuracy or completeness of the Information by Chikara or any of its associated companies and no liability is accepted by such persons for the accuracy or completeness of such Information. In no event will Chikara or any of its associated companies be liable to any person for any direct, indirect, special or consequential damages arising out of any use of the Information, or on any other hyper-linked site, including, without limitation, any lost profits, business interruption, loss of programs or data on your equipment, or otherwise, even if Chikara is expressly advised of the possibility or likelihood of such damages.

You should be aware that the Internet is not a completely reliable transmission medium. Chikara does not accept any liability for any data transmission errors such as data loss or damage or alteration of any kind, including, but not limited to any direct, indirect or consequential damage, arising out of the use of the products or services referred to herein.

The above provisions are not intended to exclude or restrict any duty or liability that Chikara has to its customers under the regulatory system in the United Kingdom.

VI. Indemnity

You agree to indemnify, defend, and hold harmless Chikara, its affiliates and licensors, and the officers, partners, employees, and agents of Chikara and its affiliates and licensors, from and against any and all claims, liabilities, damages, losses, or expenses, including legal fees and costs, arising out of or in any way connected with your access to or use of this website and the Information.

VII. Material Interests

Chikara and its partners, officers and/or employees may have holdings in the Chikara Funds and may otherwise be interested in transactions that you effect in those funds.

VIII. Linked Websites

This site may be linked to third party websites or contain information provided by third parties. Chikara does not make any representation as to the accuracy or completeness of such websites or information, has not and will not review or update such websites or information, and cautions browsers that any use made of such websites or information is at their own risk. Chikara does not accept any liability arising out of the information contained on any linked website or Information provided by a third party and the use of such sites and information is at your own risk.

IX. Copyright, Trademarks and Other Rights

Copyright, trademarks, database rights, patents and all similar rights in this site and the information contained in it are owned by Chikara, its licensors or relevant third party providers. You may use the Information and reproduce it in hard copy for your personal reference only. The Information may not otherwise be reproduced, distributed, stored or transmitted without Chikara’s written consent. Nothing on this site should be considered as granting any licence or right under any trademark of Chikara or any third party.

X. Governing Law

You agree that your use of this site and any dispute arising from the use of this site is subject to English law and you submit to the jurisdiction of the English courts.

XI. Privacy, Data Protection

Chikara is committed to safeguarding the personal information which you may provide to Chikara through this site and to the extent that Chikara collects any personal information, Chikara will hold it in confidence in accordance with the General Data Protection Regulation (Regulation (EU) 2016/679).

For further information on how we safeguard the personal information which you may provide to Chikara please see our Privacy Notice.

XII. Use of Cookies

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Slavery and human trafficking statement for the Financial Year that ended on 31 December 2022 – Chikara Investments LLP (“Chikara”)

Introduction

This statement is issued by Chikara, in compliance with section 54 of the Modern Slavery Act 2015 (the “Act”). This statement constitutes Chikara’s Modern Slavery and human trafficking transparency statement for the financial year ended 31 December 2022 and sets out the Chikara’s approach to the prevention of slavery, servitude, forced or compulsory labour (together, “Modern Slavery”) within the relevant organisation and its supply chains.

Chikara’s business

Chikara is a specialist Asian and Japanese fund management group, focused on managing capacity constrained, performance focussed funds.

As Chikara is a regulated investment management entity and given the nature of the services procured from suppliers, Chikara believes the risk of Modern Slavery arising within its businesses, or within the businesses of its suppliers, to be limited.

Supply chains

Chikara’s supply chains include:

  • Third party distribution companies and platforms that enter into arrangements to distribute or promote Chikara’s investment funds and investment strategies;
  • Third party outsourcing and professional services companies that provide a range of professional services to Chikara, including IT services, legal advice, audit and payroll services, office cleaning, office equipment and supplies and services required to support staff in Chikara’s offices; and
  • Third party providers of private healthcare, employee benefits and other associated services required to support Chikara’s’ staff.

Policy on Slavery and Human Trafficking

Chikara is committed to ensuring that its supply chains are free of any slavery and/or human trafficking and will not knowingly support or do business with any supplier who is involved in such activities. Chikara expects their employees, contractors and suppliers to prevent acts of modern slavery and human trafficking from occurring within both their businesses and supply chains. Chikara has corporate policies in place under which employees are encouraged to report concerns of non-compliance with FCA rules or statutory obligations, including those under the Act, to Compliance. Any concerns raised in respect of the Act will be escalated to senior management for review and investigation.

Due diligence processes

In any procurement process appropriate due diligence is conducted to assess the extent of Chikara’s exposure to the risk of slavery. This may include measures such as:

  • incorporation of questions in procurement documents/initial due diligence covering the service provider’s or supplier’s working practices; and
  • placing a contractual obligation on the service provider or supplier to comply with all applicable laws which, where relevant, would include compliance with the Act.

The above measures are applied proportionately in accordance with Chikara’s assessment of the level of risk associated with the particular supplier. Consideration is given to the nature of products or services and the locations from which those products are made, or services provided.

Responsible Investing

The risks of modern slavery and human trafficking are considered as part of Chikara’s bottom-up investment process, alongside financial and strategic issues, as part of Chikara’s assessment and engagement with companies.

The Portfolio Manager is responsible for engagement on ESG matters, including modern slavery, and monitoring is carried out via investment reviews. Where Chikara might have specific concerns or where it deems it necessary to protect its clients’ interests, it will consider escalating its concerns to senior management or seriously consider disposing of its position.

Training

All staff with responsibility for procurement from third party suppliers will receive appropriate training on their obligations under the Act and how best to meet those obligations. In addition, the Compliance Department can provide on-going advice and support to such staff, as required.

Approval procedure

This statement is made pursuant to section 54(1) of the Modern Slavery Act 2015 was ratified by the Partners of Chikara Investments LLP on 25 July 2023.

Signed         James Tollemache

CEO/Partner