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The information on this Web page is not intended for U.S. Persons, as defined in Regulation S under the U.S. Securities Act of 1933. Shares of the Gramercy Investment Fund PLC (“Fund”) have not been registered under any U.S. federal or state securities laws. The information on this website: (i) does not constitute an offer to sell, or a solicitation of an offer to purchase, shares of the Fund in any jurisdiction where such offers would be contrary to law or local regulations; (ii) does not constitute investment advice; and (iii) is not intended for distribution to, or use by, any U.S. Person or persons in any other jurisdictions where such use or distribution would be contrary to law or local regulation. Past performance is not a guide to, or guarantee of, future returns. The value of investments and any income generated might decrease as well as increase, and investors may not receive back the amount initially invested. Changes in rates of currency exchange may also have an adverse effect on the value, price or income of investments. Shareholders should be aware of the risks associated with investments in emerging markets and high-yield securities and carefully review the Fund prospectus for additional information regarding these risks.
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