Important Information & Risks.

An investment in the aforementioned fund is speculative and includes a high degree of risk, including the risk of a total loss of capital. The fund holds less liquid investments, is subject to significant restrictions on transfer and investors should be aware that they may be required to bear the risks associated with holding such investments for an indefinite period of time. All investors should carefully review the confidential private placement memorandum and other offering documents for the fund prior to making an investment decision. Any investment decision with respect to the fund must be made solely on the definitive and final version of the funds private placement memorandum (PPM), supplemental documents to the PPM, subscription agreements and other ancillary documents. Capital at risk. Therefore, the value of the investment and the income from it will vary and the initial investment amount cannot be guaranteed. Past performance is not a reliable indicator of current or future results and should not be the sole factor taken into consideration when selecting a product or strategy. These materials are neither an offer to sell nor a solicitation of any offer to buy shares in any Fund. You may not rely upon these materials in evaluating the merits of investing in the fund. The fund mentioned in this material is only offered on a private placement basis and potential investors are required to inform themselves of, and to observe, any legal restrictions on their involvement in the offering. No sale of fund shares will be made in any jurisdiction in which the offer, solicitation, or sale is not authorized or to any person to whom it is unlawful to make the offer, solicitation or sale. If any such offer of Fund shares is made, it will be made pursuant to the current relevant offering documents that contain material information not contained herein and to which prospective investors will be referred. Any decision to invest in the fund should be made solely on reliance upon the offering documents of the fund.

This presentation is strictly confidential and may not be reproduced for, disclosed to or otherwise provided in any format to any other person or entity (other than the Readers professional advisors bound by obligations of confidentiality to the Reader) without the prior written consent of the Investment Manager, Mollitium Investment Management or its delegated Investment Advisor, Hermione Capital Ltd. This material has not been approved by the FCA or any other regulatory authority or securities. This presentation is for informational purposes only and not to be relied upon as investment, legal, tax, or financial advice. The Reader must consult with his or her independent professional advisors as to the legal, tax, financial or other matters relevant to the suitability of an investment in the Fund. None of the shares of the Fund has been or will be registered under the United States Securities Act of 1933, as amended, (33 Act) and the shares of the Fund may not be offered or sold, directly or indirectly, in the United States or to any U.S. Person, as such terms are defined in the Confidential Memorandum. The Fund has not been registered under the United States Investment Company Act of 1940, as amended. Neither the United States Securities and Exchange Commission, nor any state securities administration has passed on, or endorsed, the merits of the shares of the Fund. Any representation to the contrary is unlawful. Without limiting the foregoing disclaimers, the information provided herein is not guaranteed to be accurate or complete, nor does the Investment Manager or Investment Advisor take responsibility for it. The information contained herein has not been audited and the Investment Manager and Investment Advisor do not guarantee its suitability for any purpose. All information is subject to change and/or withdrawal at any time without notice. The information contained in this presentation is proprietary and confidential and may contain commercial or financial information and/or intellectual property of the Investment Manager and Investment Advisor.

Risk Management.

The Hermione Fund takes a considered approach to risk management. Investment risk is considered from both market and liquidity perspectives.

  • The fund selects positions with appropriate risk/reward characteristics.
  • Each position assessed within the context of the portfolios target objectives.
  • Concentration and possible correlations between investments considered.
  • Diversification achieved through the recycling of capital and sourcing new opportunities which span asset classes, geographies and sectors.
  • Underlying investments exhibit differing liquidity profiles.
  • Allocation to cash and near cash instruments.