Cash Equivalent Notice


Due to continued volatility in the global economy, FundBank Ltd. (“FundBank”) may take the decision to further diversify its allocation of Client Money to Cash Equivalent Assets. In accordance with FundBank’s Bank Account Terms & Conditions (the “Terms & Conditions”), FundBank reserves the right to allocate Client Funds in Cash Equivalent Assets, which may include interests in an investment fund, the assets of which are comprised exclusively of investment instruments with a Cash Equivalent Rating.

Unless defined above, capitalized terms are as defined in the Terms & Conditions. This notice is being published on the Website in accordance with the Terms & Conditions and to comply with the requirement to provide 5 days’ prior notice of any Cash Equivalent Asset specified in paragraph (c) of the definition of “Cash Equivalent Assets”.