Protected: Newsletter – December 2018

Bay Capital Investment Managers Pvt. Ltd

14th Floor Bakhtawar

Nariman Point, Mumbai

India 400021

T: +91 22 4346 8000 / 01/ 02

E: team@baycapindia.com

Bay Capital Partners UK Ltd

19 Berkeley Street

Mayfair, London

W1J 8ED, United Kingdom

T: +44 20 3907 0291

Bay Capital Partners Ltd

Unit 1, G C, Ground Floor,

19 Bank street, Cybercity,

Ebene 72201, Republic of Mauritius

T: +230 467 5665

DISCLAIMER

Past investments and performance should not be viewed as indicative of future performance.

The investments described on this website are speculative, involve significant risk and are suitable only for investors of substantial net worth who are willing and have the financial capacity to purchase a high risk investment which may not provide any immediate cash return and may result in the loss of all or a substantial part of their investment. No assurance can be given that the investment objective described on this website will be achieved, or that the risk management framework described on this website will achieve its objective.

This website does not constitute an offer, or a solicitation of an offer, to sell any security or provide investment services to any person in any jurisdiction in which it is unlawful to make such an offer or solicitation. This website is not a prospectus or an advertisement of any investment vehicle or product, and no offering is intended to be made hereby (to the public or otherwise).

Any information regarding your funds should be behind a password protected firewall (at the very least for US investors). Note that some of the information you have the "portfolio" should be so protected.

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** Bay Capital Partners UK Ltd is authorised and regulated by the Financial Conduct Authority