Terms of Use

This website (the “Site”) and its content are provided by Nautical Capital Management LLC (“Nautical”). These terms and conditions govern use of this Site. By using this Site and the information and services available through this Site, you agree to be bound by these terms and conditions. If you do not agree to these terms and conditions, do not use this Site.

DISCLOSURE

Materials relating to Nautical’s investment products should be read in conjunction with a prospectus or a disclosure document (available through Nautical) that describes charges, expenses, and risks. Read it carefully before making or considering any investment. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

RISK OF INVESTING

Investing entails risks, including possible loss of principal. There are special risk considerations associated with investing in commodity futures and forward contracts. Prices of commodity-linked derivative instruments are highly volatile and may be affected by overall market movements, changes in interest rates, and other factors such as weather, disease, embargoes and international economic and political developments. SITE FOR INFORMATION ONLY

The data, information, and all other content (“Content”) on this Site are for informational and educational purposes only. Although Nautical may provide Content relating to investment approaches and investment funds, you should not construe any such Content as legal or tax advice, or as a solicitation to invest in Nautical’s financial products. Although Nautical believes the Content to be accurate and reliable, it is not responsible for any errors or omissions. You alone bear the sole responsibility of evaluating the merits and risks associated with the use of Content in making any decisions based on such Content. In exchange for using the Content, you agree not to assert any claim for damages against Nautical or its third party content or data providers arising from any decision you make based on Content made available to you through this Site. The foreign-language translations on this Site are provided purely for the convenience of readers and are not meant as definitive.

TIMELINESS OF CONTENT

All content on the Nautical website presented only as of the date published or indicated, and may be superseded by subsequent market events or for other reasons. In addition, you are responsible for setting the cache settings on your browser to ensure you are receiving the most recent data.

PROHIBITED USES

Because all servers have limited capacity and are used by many people, do not use Nautical in any manner that could damage or overburden any Nautical server, or any network connected to any Nautical server. Do not use Nautical in any manner that would interfere with any other party's use of the Nautical.

CHANGES TO NAUTICAL SITE

Unless otherwise agreed, Nautical may discontinue or modify the Nautical Site at any time without prior notice to you, and you accept those modifications if you continue to use the Nautical Site.

TERMINATION

Nautical may terminate your access to the Nautical Site for any reason, without prior notice

TAXES

Commodity fund investors may receive taxable interest and/or capital gain distributions. Your tax obligations may affect the after-tax returns realized from an investment. Please consult your tax advisor concerning your particular circumstances.

SPECIAL NOTICE TO NON-US RESIDENTS

Each of the investment products and services referred to on this website is intended to be made available to US residents. This website shall not be considered a solicitation or offering for any investment product or service to any person in any jurisdiction where such solicitation or offer would be unlawful. Because of the global nature of the Internet, you agree to comply with all local rules regarding online conduct, including all laws, rules, codes, and regulations of the country in which you reside and the country from which you access this Site. In addition, you agree to comply with all applicable laws, rules, codes, and regulations regarding the transmission of technical data exported from the United States.

LINKING

Nautical has not reviewed or authorized any sites linking to this Site. We do not take responsibility for any websites linking to this Site or any links from this Site. Following links from and to this Site is at your own risk.

COPYRIGHT POLICY

Site and Content are the property of Nautical or its affiliates or suppliers. Copyright ©2009 Nautical Capital Management LLC. All rights reserved.

DUSCLAIMERS AND LIMITATIONS OF LIABILITY

ANY CONTENT OR DATA DOWNLOADED OR OTHERWISE OBTAINED THROUGH THE USE OF THIS SITE IS DONE AT YOUR OWN DISCRETION AND RISK. YOU WILL BE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTER SYSTEM OR LOSS OF DATA THAT RESULTS FROM THE DOWNLOAD OF ANY SUCH CONTENT.

NAUTICAL EXPRESSLY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESSED OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

NO ADVICE OR INFORMATION, WHETHER WRITTEN OR ORAL, WHETHER OBTAINED BY YOU FROM NAUTICAL, FROM A NAUTICAL EMPLOYEE OR AGENT, OR THROUGH OR FROM THIS SITE, SHALL CREATE ANY WARRANTY NOT EXPRESSLY STATED IN THESE TERMS OF USE. NAUTICAL WILL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, REVENUE, INCOME, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES (EVEN IF NAUTICAL HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES), RESULTING FROM ANY MATTER RELATING TO THIS SITE.

INDEMNITY

You agree to indemnify, defend, and hold harmless Nautical, its affiliates, and the officers, directors, employees, and agents of Nautical and its affiliates, from and against any and all claims, liabilities, damages, losses, or expenses, including attorney's fees and costs, arising out of or in any way connected with your access to or use of this Site.

PRIVACY POLICY

These policies apply to individuals only and may be changed at any time, provided a notice of such change is given to you. We do not disclose any of the personal information you have supplied us when registering for access to our Website to anyone, other than to our affiliates, and except as permitted by law, such as to our attorneys, regulators and certain service providers, in such case, only as necessary to facilitate the acceptance and management of registration to this Website. We will also release information about you if you direct us to do so, if compelled to do so by law, or in connection with any government or self-regulatory organization request or investigation. We may also disclose information you provide to us to companies that perform marketing services on our behalf. If such a disclosure is made, Nautical Capital Management LLP will require such third parties to treat your private information with confidentiality. We seek to carefully safeguard your private information and, to that end, restrict access to non-public personal information about you to those employees and other persons who need to know the information to enable Nautical Capital Management LLP to provide our services to you. We maintain physical, electronic and procedural safeguards to protect your non-public personal information.