The fund is based in Gibraltar. The ‘Expert Investor’ term is similar to the UK ‘High Net Worth’, ‘Sophisticated Investor’ and ‘Professional Investor’ definitions. Basically it is for those investors who are sophisticated and understand the risks that are involved in investing through the fund. Ablrate do not manage the fund, nor do we set the criteria for those who can invest in the fund. The fund documentation is only available to those who pass the ‘Expert Investor’ criteria.