Acumen & Trust Ltd is a member of the Investor Compensation Scheme, which provides certain remedies to eligible clients on default by the firm. The main details of the operation and conditions of the Scheme are as follows:

1. Compensation may be payable where money or investment instruments owed or belonging to clients and held, or in the case of investment instruments, administered or managed by our firm cannot be returned to those clients for the time being and there is no reasonably foreseeable opportunity of the firm being able to do so;

2. A right to compensation will arise only:
a) if the client is an eligible investor as defined in the Act:
b) if it transpires that our firm is not in a position to return client money or investment instruments owned or belonging to the clients of the firm; and
c) to the extent that the client's loss is recognised for the purposes of the Act:

3. Where an entitlement to compensation is established, the compensation payable will be the lesser of:   
a) 90 per cent of the amount of the client￢ﾀﾙs loss which is recognised for the purposes of the Investor Compensation Act, 1988;    
or
b) compensation of up to EUR20,000.

Your legal rights against the firm are not affected by this scheme.