The information on this website is directed only at persons who are beneficial holders of shares in Aqua Resources Fund Limited (the “Company”) and is provided for their exclusive use and benefit. Users of this website must not distribute any material contained in this website to others.

Terms and Conditions of use

By accessing this website, you agree to be bound by the terms and conditions set out below. If you do not agree with any of these, please exit this website immediately. Users of this website are responsible for observing all applicable laws and regulations in their relevant jurisdictions before proceeding to access the information contained herein. By proceeding to access the information, users are deemed to be representing and warranting that the applicable laws and regulations of their relevant jurisdiction allow them to do so. The Company cannot guarantee that the website, or the information thereon, complies with the local laws or regulations of, or is appropriate for use in, any jurisdiction from which you access it. If you choose to access this website, you do so at your own risk and the Company will not be liable for any breach of local law or regulation that you commit as a result of doing so.


This website is designed to provide information about the Company and you should not rely on it for any particular purpose. Specifically, the provision of any information on this website does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities in the Company or in any other company, nor shall it (or any part of it), form the basis of, or be relied on in connection with or act as any inducement to enter into, any contract or commitment whatsoever with respect to any such transaction or otherwise. The provision of any information on this website does not constitute investment, financial or other professional advice, nor any recommendation regarding investments. You are advised to obtain appropriate financial, legal, accounting and tax advice where necessary.

If you are accessing the website outside the United Kingdom or Guernsey, your local legislation may not permit us to offer products to you in your own country. Please check with your professional financial adviser as to whether such products are available in the country in which you are resident.

In particular, none of the information contained in this website constitutes an offer to sell or a solicitation of any offer to buy any shares in the Company in the United States or in any other jurisdiction, nor shall it, or the fact of its distribution, form the basis of, or be relied upon, in connection with any contract therefor.

The Company has not been and will not be registered under the US Investment Company Act of 1940, as amended. In addition, the shares in the Company have not been and will not be registered under the US Securities Act of 1933, as amended. Consequently, shares in the Company may not be offered, sold or otherwise transferred within the United States or to, or for the account or benefit of, US persons. No public offering of any shares in the Company is being, or has been, made in the United States.

All investment is subject to risk. The value of the shares in the Company may go down as well as up and you may not get back the full amount you invested. Past performance is no guarantee of future returns and there is no guarantee that the price achievable on a sale of the Company's shares will fully reflect their underlying net asset value. In addition, market and currency fluctuations may have an adverse effect on the value, price or income of your investment. There is also no guarantee that the Company's investment objective will be achieved. Potential investors are advised to seek expert financial advice before making any investment decision and should be aware that they may not fully recover the amount invested.

While the Company has endeavoured to ensure that all information contained within this website is correct at the time of its inclusion, it cannot guarantee the accuracy of such information and the Company gives no warranty or representation, express or implied, as to its accuracy or completeness. The information and products referred to on this website are subject to change without notice.

The Company does not represent or warrant that the website will be available or that it will meet your requirements, that access will be uninterrupted, that there will be no delays, failures, errors or omissions or loss of transmitted information, that no viruses or other contaminating or destructive properties will be transmitted or that no damage will occur to your computer system. You have sole responsibility for adequate protection and back up of data and for undertaking reasonable and appropriate precautions to scan for computer viruses or other destructive properties. The Company makes no representations or warranties regarding the accuracy, functionality or performance of any third party software that may be used in connection with the website.

By accessing this website you agree that the Company will not be liable, to the maximum extent permitted by law, for:

  1. any action you may take as a result of your use of, or reliance on, the information contained or referred to on this website;
  2. any loss or damage suffered by you as a result of you taking any action, including without limitation, direct or indirect, special, incidental or consequential damages, losses or expenses arising in connection with this website;
  3. use or inability to use this website by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus or line or system failure; or
  4. any inaccuracies in or omissions from such information
even if the Company or representatives thereof are advised of the possibility of such damages, losses or expenses.

Forward looking statements

This website includes statements that constitute “forward-looking statements”. Forward-looking statements include information concerning possible, estimated or assumed future results of our operations, earnings, liquidity, cash flow and capital expenditures, industry or market conditions, acquisitions activities and the effect of completed acquisitions, gearing, debt levels and the ability to obtain additional financing or make payments on our debt, legal, regulatory or fiscal developments, demand for and pricing of our products and other aspects of our business or general economic conditions. In addition, when used on this website, words such as “believes”, “expects”, “anticipates”, “intends”, “plans”, “estimates”, “projects”, and future or conditional verbs such as “will”, “may”, “could”, “should”, and “would”, and any other statement that necessarily depends on future events, are intended to identify forward-looking statements.

Forward-looking statements are not guarantees of performance. By their nature, forward-looking statements involve risks, uncertainties and assumptions because they relate to events and depend on circumstances that will or may occur in the future. Although we make such statements based on assumptions that we believe to be reasonable, there can be, and we give, no assurance, whether express or implied, that actual results will not differ materially or significantly from our expectations or estimations. Actual results may differ from those expressed in such statements depending on a variety of factors, including, without limitation, operational problems, general economic conditions, political stability and economic growth in relevant areas of the world; changes in laws and fiscal or governmental regulations; exchange rate fluctuations; the development and use of new technology; changes in public expectations and changes in business conditions; the actions of competitors; natural disasters and adverse weather conditions; wars and acts of terrorism or sabotage. We caution investors not to rely on any forward-looking statements.

Forecasts, projections or targets are indicative only and not guaranteed in any way. The Company accepts no liability for any failure to meet such forecasts, projections or targets.

Links to external websites

The website may include links to external third party websites (“Third Party Websites”). These are provided for your interest and for ease of internet navigation. Such external links do not in any way indicate any sponsorship, endorsement, authorization of, association with or responsibility for the contents for Third Party Websites or their owners or providers by the Company. The Company accepts no responsibility of any nature whatsoever for Third Party Websites or any information contained in them. By accessing Third Party Websites, you agree to be bound by the terms and conditions as set out in those websites and where such terms and conditions conflict with the terms and conditions of this website, the terms and conditions of the Third Party Website shall prevail. The Company is not responsible for any damages or losses whatsoever, including (without limitation) those caused by any delays, defects or omissions that may exist in the services, information or other content provided in Third Party Websites. The Company has not tested or verified any information, software, products or services found on Third Party Websites and does not make any representations with respect thereto, including any representations regarding the content or sponsors of Third Party Websites, or the suitability or appropriateness of the subject matter on Third Party Websites. No endorsement or approval of any third parties, or their advice, opinions, information, products or services is expressed or implied from any information on our website. Third Party Websites may have a privacy policy different from that of the Company and Third Party Websites may provide less security than the Company website. Those who access Third Party Websites do so at their own risk.

Links to downloadable software sites are for convenience only and the Company is not responsible or liable for any difficulties or consequences associated with downloading the software. Use of any downloaded software is governed by the terms of the licence agreement, if any, which accompanies or is provided with the software.

Use of email

Messages sent over the internet cannot be guaranteed to be completely secure as they are subject to possible interception or loss or possible alteration. The Company is not responsible for them and will not be liable to you or anyone else for any damages or otherwise in connection with any messages sent by you to the Company, the Manager or any of their affiliates or any message sent by the Company, the Manager or any of their affiliates to you over the internet.

Trademarks, Copyright and use

The display of any trade names or trademarks within this website does not imply that any license has been granted to any third party in respect of the same. Anything that you transmit to this website becomes the property of the Company, may be used by the Company for any lawful purpose, and is further subject to disclosure as deemed appropriate by the Company, including to any legal or regulatory authority to which the Company or the Manager is subject.

The Company owns and reserves all rights with respect to the copyright and trade marks in the content published on this website except where indicated otherwise by the inclusion of a third party proprietary notice and will enforce its rights to the full extent of the law. Nothing on this website shall be construed as granting, by implication, estoppel or otherwise, any license or right to use any image, trademark, logo or service mark at the website. No act of downloading or otherwise copying from this website will transfer title to any software or material at this website (or any copyright or other intellectual property right in it) to you. Unless specifically prohibited by a notice published on any part of this website, you may make a print of such parts of this website as you may reasonably require for your own personal use provided that any copy has attached any relevant proprietary notices and/or disclaimers. All other use is strictly prohibited and you must not alter anything or distribute it to others. No one may use a part of this website on any other website or link any other website to this website, without the prior written consent of the Company.

You undertake not to use this website for any purpose which is unlawful, abusive, libellous, obscene or threatening. You undertake to comply with any terms notified to you as required from time to time by any third party supplier of data or services to the website, including, but not limited to, where necessary, entering into a direct agreement with such third party in respect of your use of their data.

Privacy Policy

The Company collects personal information, in the form of an email address, from persons who visit this website and send us a request to join the Company’s mailing list. The Company will not disclose such information to anyone other than the Company’s affiliates, its Manager and its affiliates and their respective officers, employees, consultants and agents unless such disclosure is permitted or required by law, any regulator or any stock exchange. The Company will restrict access to such information to individuals within the Company, its Manager and their affiliates who require the information in the ordinary course of the business of the Company and its management. Such information will be used only for business purposes. The Company will not sell such information to anyone.

Save as set out above, the Company does not collect personal information from anyone who visits or browses this website. However, we do monitor access to individual areas of the site to enable us to assess their usage and to allow us to make any improvements to the site that we deem appropriate.

The Company takes seriously the need to protect the confidentiality of client information. However, internet communications cannot be guaranteed to be secure or error-free.


The Company hereby reserves the right to change these terms and conditions of use and the contents of this website at any time. Any such changes will (as soon as practicable) be posted by the Company on the website and will automatically be binding upon you if you access this website.


No part of these terms and conditions is intended to constitute an exclusion of liability which cannot be excluded under Guernsey law. To the extent that any part of these terms and conditions is found to be invalid, unlawful or unenforceable such part shall be severed from the remaining terms and conditions, all of which shall remain in force and effect.

Governing law

These terms and conditions shall be governed by, and interpreted in accordance with, Guernsey law. You irrevocably agree that the courts of Guernsey shall have exclusive jurisdiction to resolve any dispute or claim of whatever nature arising out of or relating to this website, and that the laws of Guernsey shall govern such dispute or claim.