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DISCLAIMER

This statement is for the exclusive and confidential use of the addressee(s) only. Any distribution, use or reproduction of this statement, without the prior written permission of DBS Cholamandalam Distribution Limited (DCDL) is unauthorized and strictly prohibited. If you have received this statement in error and are not the intended recipient of this statement, please delete or destroy it and notify DCDL without making any copies. This statement, prepared specifically at the addressee(s) request, is for information purposes only and is not an official confirmation of any transaction. DCDL does not warrant the completeness or accuracy of information contained in this statement. All market prices, net asset values, units, quantities, loads, brokerages, service taxes and other levies are subject to change without notice. Also, the value, income, appreciation, returns, yield of any of the securities or financial instruments mentioned in this statement are based on current market conditions and subject to change. The levels and bases of, and reliefs from, taxation can change. Please note that investments in securities are subject to risk including loss of principal amount and past performance is not necessarily an indicator of future performance.

DCDL acts merely as a distributor and is not a custodian of these securities or financial instruments. Given all the above, DCDL has made every effort to provide accurate cost data and acquisition dates for securities transacted through DCDL. Please note, however, that some data has been derived from sources that we believe to be reliable but we do not guarantee the accuracy and authenticity of the same. Please review this information as DCDL cannot be responsible for omitted or misstated data. Neither DCDL nor any of its affiliates has undertaken any regulatory, legal, tax or accounting analysis relating to the suitability of the securities or financial instruments for clients. Clients should seek their own independent advice on such matters. DCDL is not liable for any delay in the receipt of this statement.
 
 
 
 
 
 
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