Disclaimer

1. General disclaimer:
This website content does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any such offer or solicitation will be made solely through the appropriate confidential offering documents provided to prospective investors. Before making any investment decision, investors are strongly advised to carefully review the relevant confidential offering documents, including related subscription materials, and consult with their tax, financial, and legal advisors.
This content provides a depiction of the activities of Invus (the “Firm”) and the advisory services it provides to the funds (the “Funds”). However, this depiction is not exhaustive and is qualified by the more comprehensive discussion found in the confidential offering documents. The Firm’s investment program for the Funds carries significant risks, which will be detailed in those confidential documents.
Despite the general objectives and goals described here, the Funds are not restricted in terms of the investment strategies they may employ or the markets and instruments in which they invest. Over time, as markets evolve, Invus will actively seek attractive opportunities wherever they arise. Depending on market conditions and economic trends, Invus may pursue alternative objectives or employ different techniques in the best interest of the Funds.
Performance estimates provided herein are unaudited and subject to revision. Past performance does not guarantee future results. Investment returns will likely vary, and results may fluctuate. Prospective investors should consider that past performance is not necessarily indicative of future outcomes. There is no assurance that the Funds will achieve comparable results or successfully implement their investment strategy.
While Invus valuations of unrealized investments are based on reasonable assumptions, actual realized returns will depend on various factors, including future operating results, asset values, market conditions at the time of disposition, legal restrictions affecting liquidity, transaction costs, and timing of sales. Performance figures are net of all fees and expenses, including reinvestment of trading gains, interest income, and dividends.
This content includes certain “forward-looking statements,” identified by terms such as “believe,” “expect,” “anticipate,” “planned,” “estimated,” and similar expressions. These statements are subject to various factors, including economic conditions, competition, interest rates, legislation, regulation, and technological changes, which could materially impact the Funds’ operations and actual results. All are subject to various factors, including, but not limited to general and local economic conditions, changing levels of competition within certain industries and markets, changes in interest rates, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors affecting the Funds’ operations that could cause actual results to differ materially from projected results. In view of the complexities of the tax laws and since no attempt is made herein to mention all of the tax considerations that should be taken into account in evaluating a potential investment, a person considering investing should consult their own tax adviser in order to understand fully the federal, state, local and foreign tax consequences of such investment to their particular situation. No representation is made as to the tax consequences of the operations of the Funds.

2. Logos:
Logos are protected trademarks of their respective owners and Invus disclaims any rights associated with such trademarks.

3. Video Testimonial

Statements about Invus made by current and former portfolio company executives herein are intended to illustrate Invus’ business relationship with such persons, including with respect to Invus’ capabilities and approach as a business partner, rather than with respect to investment advisory services. These testimonials/endorsements are not indicative of future performance and do not imply any guaranteed level of service, skill or training. They do not guarantee any results. Investors should not rely on testimonials/endorsements for any purpose and should conduct their own review prior to investing. Portfolio company executives were not compensated in connection with their participation, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Invus investment vehicles.