Morningstar Disclaimer

Morningstar Investment Management Asia Limited, which is licensed and regulated by the Hong Kong Securities and Futures Commission provides advisory services to 8 Securities Limited ("8SL"). Any references to specific securities are for informational purposes only and therefore should not be considered a recommendation to buy or sell a security.

Morningstar Investment Management Asia Limited is an investment adviser to 8SL only and does not provide advice to 8SL’ investment clients. Morningstar Investment Management Asia Limited does not have any discretionary authority or control over purchasing or selling securities or making other decisions for investors. Morningstar Investment Management Asia Limited does not provide individualized advice to any investor, does not determine client suitability, and does not take into account any information about any investor or any investor’s assets. Individual investors should ultimately rely on their own judgment and/or the judgment of a financial advisor in making their investment decisions. Morningstar Investment Management Asia Limited makes no warranties, expressed or implied, as to results to be obtained from the use of information it provides.