Connoisseur Investments Limited makes available analyst research and opinions ("Research Reports") that may be prepared by an Information Provider or by various third party entities providing analysis, research and opinions ("Third Party Research Providers"). We do not endorse or approve Research Reports prepared by Third Party Research Providers and only make such Research Reports available to you as a service and convenience.

Any recommendation, opinion or advice regarding investments in equities, fixed-income, commodities or forex contained in the third party research content may not necessarily reflect the views of our Company, and that Connoisseur Investments Limited does not verify any information contained in the content.

Connoisseur Investments Limited assumes no responsibility for any recommendation, opinion, advice or fact contained in any third party research provided to its clients and expressly disclaims any responsibility for any decisions or for the suitability of any product or transaction based on it.

Any decisions made by a client to buy, sell or hold any financial product based on such third party research will be entirely their own and not in any way deemed to be endorsed or influenced by or attributed to Connoisseur Investments Limited. The client alone will bear the sole responsibility of evaluating the merits and risks associated with the use of any information contained in the third party research before making any decisions based on such information.

It is understood that, without exception, any order based on such research that is placed with Connoisseur Investments Limited for execution is and will be treated as an un recommended and unsolicited order. Further, Connoisseur Investments Limited assumes no responsibility for the accuracy, completeness or timeliness of any such research or for updating such research, which is subject to change without notice at any time. Connoisseur Investments Limited does not provide investment, tax or legal advice. Under no circumstance is the information contained within such third party research to be used or considered as an offer to sell or a solicitation of an offer to buy any particular investment or security product.