The SUNARES Report April 2012

Our latest SUNARES report which gives insight into the new European Stabilization Mechanism (ESM) – you may or may not have heard of it but we think you will be shocked by the way in which it has been set up – we certainly are. We also look at Spain’s difficulties and how this fits in with the ESM.

Download PDF

Important legal information
Please read the disclaimer before continuing. 

Risk Warning, Disclaimer and Cookie Policy 

This has been prepared and is issued by Rometsch & Moor Ltd. which is authorised and regulated by the Financial Conduct Authority.

Persons, who are subject to any such restriction as to their residence, nationality or other reasons, are not allowed to use this website.

No offer, no obligation

It is the responsibility of all persons accessing this website to observe all applicable laws and regulations of any applicable jurisdiction.

This does not constitute an offer or solicitation to buy or sell any investment instruments referred to on this site, by anyone in any jurisdiction in which such offer, solicitation or distribution would be unlawful or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation.

The Fund has not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States unless permitted pursuant to an exemption.

Applications to invest in any fund referred to on this site, must only be made on the basis of the offer document relating to the specific investment (e.g. prospectus, simplified prospectus or other applicable terms and conditions).

Performance

An investment in SUNARES should be regarded as a longer term investment and is of a medium to high risk. This product is not suitable for all investors. The value of all investments and the income from them can decrease as well as increase and investors may not receive back the full amount invested. Investments denominated in currencies other than the base currency are subject to fluctuations in exchange rates, which can be favourable or unfavourable. In addition, investments in smaller companies may involve a higher element of risk as shares in such companies tend to be more volatile than their larger capitalisation counterparts.

Potential investors should also be aware that past performance is not necessarily a guide to future performance.

Accuracy of Information

The information on this website has been compiled with care to ensure its accuracy at the date of publication: however, no representation or warranty, express or implied, is made to its accuracy or completeness. Furthermore the website is provided for information only and does not in any way constitute investment advice. If you are unsure about the meaning of any information provided please consult your financial or other professional adviser. Investors should consult their own tax adviser in order to understand any applicable tax consequences of investing in the fund.

The information is provided for personal use and for informational purposes only and is subject to change without notice. In particular, the fund advisors shall not be obliged to remove any outdated information from the SUNARES website or to expressly mark it as being outdated.

Material Interests

The fund and its partners, officers and/or employees may have holdings in the investment fund referred to on this site and may otherwise be interested in transactions that you may effect in those funds.

Cookie Policy

Rometsch & Moor Ltd is committed to protecting the privacy of the users of its two websites  www.rometschandmoor.com and www.sunares.com ("the Site") in compliance with the UK Data Protection Act 1998. Rometsch & Moor Ltd respects any personal information which you provide when you visit the Site and are committed to safeguarding such information.

A 'cookie' is a piece of information that is saved to your computer's hard disk by the web server. Confirmation of reading and accepting these terms and conditions will place a cookie on your computer's hard disk. This will ease your navigation around this website by not popping up these terms and conditions again during this browser session. This cookie is temporary and will be removed when you close your browser.

Generally when you visit the Site we will not collect any details about you. You can visit the Site without revealing any details about yourself. The only information we may obtain from you is information that you send to us or that you submit about yourself into the Site voluntarily. Circumstances in which you may wish to submit your personal data are where you choose to register to receive reports, factsheets and updates of information regarding our own products and services ("Subscribe To Monthly Reports"). We will not use your contact details for marketing purposes other than information and reports you specifically subscribe for.

Rometsch & Moor Ltd shall act as the data controller for the purposes of the Data Protection Act in respect of any personal data that we receive from you. The receipt, processing of and access to such information shall be limited to those of our employees who need to use this information in order to process or administer your application or for our own internal lawful business purposes or marketing in the circumstances set out above. Please note that by submitting personal information you are consenting to such information being processed for the purposes referred to above. We reserve the right to disclose such information if legally obliged to do so by a governmental or regulatory authority or if we believe in good faith that such action is necessary to conform with legal requirements.

How we use cookies

We use traffic log cookies to identify which pages are being used. This helps us analyse data about web page traffic and improve our website in order to tailor it to customer needs. We only use this information for statistical analysis purposes and then the data is removed from the system. Most web browsers automatically accept cookies, but you can usually modify your browser setting to decline cookies if you prefer. This may prevent you from taking full advantage of the website.

Links to other websites

Our website may contain links to other websites of interest. However, once you have used these links to leave our site, you should note that we do not have any control over that other website. Therefore, we cannot be responsible for the protection and privacy of any information which you provide whilst visiting such sites and such sites are not governed by this privacy statement. You should exercise caution and look at the privacy statement applicable to the website in question.We are not responsible for, and make no representation on, the content or reliability of linked websites, and linking should not be taken as endorsement of any kind. We have no control over the availability of linked pages and accept no responsibility for them or for any loss or damage that may arise from your use of them

Limitation of liability

The fund advisors disclaim, without limitation, all liability for any loss or damage of any kind, including any direct, indirect or consequential damages, which might be incurred through the use of or access to the SUNARES website, or any links to third-party websites.

The full and the simplified sales brochures, as well as the annual and semi-annual reports, are available free of charge from the following:

in Germany, HSBC Trinkaus & Burkhardt AG, Königsallee 21/23, 40212 Düsseldorf;

in Austria, Erste Bank der Österreichischen Sparkassen AG, Graben 21, A-1010 Vienna;

in Luxembourg, VP Bank (Luxembourg) S.A., 26, Avenue de la Liberté, L-1930 Luxembourg;

in Liechtenstein, VP Bank AG, Aeulestraße 6, FL-9490 Vaduz;

in the United Kingdom, Global Funds Registration Limited, 1st Floor, 7 Chertsey Road, Woking, Surrey, GU21 5AB, United Kingdom.

Issuer: Rometsch & Moor Ltd, Lloyd’s Building, One Lime Street, London, EC3M 7HA