Fund Legal Information

Granahan is not acting as financial adviser or fiduciary to any party who views this information or who invests in a fund or managed account. In particular, this information (in whole or in part) does not constitute investment advice. Before investing in a fund or managed account you should ensure that you fully understand its potential risks and rewards and independently determine that it is appropriate for you given your objectives, experience, financial and operational resources, and other relevant circumstances. You should consult with such advisors as you deem necessary to assist you in making these determinations. Any indicative terms provided to you are provided for your information and do not constitute an offer, a solicitation of an offer, or any advice or recommendation to invest in a fund or managed account (whether on the indicative terms or otherwise). This information is intended for discussion purposes only and does not create any legally binding obligations on the part of Granahan. Without any limitation, this information does not constitute an offer, or invitation to offer or a recommendation to invest in a fund or managed account. This information is updated from time to time but Granahan assumes no obligation to update or otherwise revise it to ensure it is up to date. Nothing contained herein should be construed as tax, accounting or legal advice. This information may not be reproduced or transmitted to any other person without the express permission of Granahan. Although this information has been taken from sources which Granahan believes to be accurate, no warranty or representation is made as to the correctness, completeness and accuracy of the information or the assessments made on its basis. This information is preliminary and is qualified and superseded by the prospectus for the fund or governing document for the managed account to which it relates, and in particular the risk factors and information on conflicts of interest described therein, and any investment decision should only be made following consideration of that prospectus or other document. Any performance data is based on a fund’s or the account’s actual or expected net asset value in accordance with the valuation methodology in its prospectus or other governing document. Performance may be impacted by capital contributions and withdrawals and unless otherwise stated is net of management, performance and other fees as described herein and includes reinvestment of earnings. The fund’s or account’s fees may be modified or waived for certain investors as described in its prospectus or other governing document. An investor’s actual performance and actual fees may differ from the data reflected herein.

Terms and Conditions

The content on www.granahanfunds.com (the “Site”) is general information of interest which is provide “as is” without any warranties of any kind, express or implied. While we have made every attempt to ensure that the content contained on this Site is complete, timely and accurate, we make no representation or warranty of any kind with respect to the Site and the content provided herein. We may change the content at any time without notice and will not be liable for errors or omissions in the content. You acknowledge that the Site contains copyrighted materials as well as trademarks and service marks that are owned by Granahan Investment Management, Inc or third parties.

Nothing contained in this Site shall be construed as conferring any right to any copyright, trademark or other proprietary interest of Granahan or any third party. You agree not to infringe upon any copyright, trademark, service mark or patent right. You also agree that you will not alter or remove any copyright, trademark or any other notice from any authorized copy of the content on this Site. Certain links to this Site connect to Web sites maintained by third parties. We make no representations or warranties as to any content contained in these third party sites and take no responsibility for such sites. Our link to another site is not an endorsement of that site.

In no event will Granahan be liable for any damages, expenses or losses, including without limitation direct, indirect, consequential, special, incidental or punitive damages resulting from or caused by the use of this Site or the information herein (or any information on a linked Web site), the inability to use this Site or the information herein, any delay in operation or transmission or any communication line or system failure.

Your access to and use of this Site are subject to the terms and conditions contained herein. By accessing and using this Site, you accept these terms and conditions, without limitation or qualification.

The Site is operated and issued by Granahan Investment Management, Inc. Please visit the main website of Granahan Investment Management (www.granahan.com) for full regulatory disclosures.