Investor Letters
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The value of investments and any income generated may go down as well as up and is not guaranteed. Past performance is not necessarily a guide to future performance. The Fund is subject to risks which are fully set out in the Fund’s Prospectus.

Sugatu Capital is a trading name of AmberHill LLP (FRN: 1034752). AmberHill LLP is an appointed representative of Thornbridge Investment Management LLP (FRN: 713859) which is authorised and regulated by the Financial Conduct Authority ("FCA") in the United Kingdom