This Publication is provided by Raise Investments Limited (Raise) in good faith and is designed as a summary to accompany the Product Disclosure Statement for the Raise Investment Funds (Scheme) and the Bitcoin ETF PIE Fund (Fund). The Product Disclosure Statement is available from the issuer  www.fundrock.com/fundrock-new-zealand/, from www.bitcoinpiefund.co.nz, and on https://disclose-register.companiesoffice.govt.nz/.

The information contained in this Publication is not an offer of units in the Fund or a proposal or an invitation to make an offer to sell, or a recommendation to subscribe for or purchase, any units in the Fund.

Any person wishing to apply for units in the Fund must complete the application form which is available from InvestNow.

The information and any opinions in this Publication are based on sources that Raise believes are reliable and accurate. Raise, its directors, officers and employees make no representations or warranties of any kind as to the accuracy or completeness of the information contained in this Publication and disclaim liability for any loss, damage, cost or expense that may arise from any reliance on the information or any opinions, conclusions or recommendations contained in it, whether that loss or damage is caused by any fault or negligence on the part of Raise, or otherwise, except for any statutory liability which cannot be excluded.

All opinions reflect Raise's judgment on the date of this Publication and are subject to change without notice. This disclaimer extends to FundRock and any entity that may distribute this Publication. The information in this Publication is not intended to be financial advice for the purposes of the Financial Markets Conduct Act 2013 (FMC Act), as amended by the Financial Services Legislation Amendment Act 2019 (FSLAA). In particular, in preparing this document, Raise did not take into account the investment objectives, financial situation and particular needs of any particular person. Professional investment advice from an appropriately qualified adviser should be taken before making any investment. Past performance is not necessarily indicative of future performance, unit prices may go down as well as up and an investor in the Fund may not recover the full amount of the capital that they invest.