The Protected Asset TEP Fund plc ("PATF") is a qualifying type experienced investor fund and complies with the requirements of the Collective Investment Schemes (Experienced Investor Fund) Regulations 2010.

The value of shares and the income produced by them can fall as well as rise.  Investors may not get back the value of their original investment.  

Past performance is not necessarily a guide to future performance.  

Any reference to a guarantee relates to the underlying policies and not to the share price of PATF .

An investment in PATF should be regarded as medium to long in nature.

PATF is not subject to any form of authorisation or approval in the Isle of Man and investors are not protected by any statutory compensation arrangements in the event of the Fund's failure. The Isle of Man Financial Supervision Commission does not vouch for the financial soundness of the Fund nor the correctness of any statements made or opinions expressed with regard to it.

Requirements which may be deemed necessary for the protection of retail or non-qualifying investors do not apply to qualifying type experienced investor funds.  By viewing this web page, you are expressly agreeing that you accept the reduced requirements accordingly.

You are wholly responsible for ensuring that all aspects of PATF are acceptable to you.  Investment in qualifying type experienced investor funds may involve special risks that could lead to a loss of all or a substantial portion of such investment.  Unless you fully understand and accept the nature of PATF and the potential risks inherent in PATF, you should not invest in PATF.