Our financial institution is located in Mauritius, in the Indian Ocean financial center. We offer regulated hedge funds with an Absolute return strategy in all market conditions.

1. Page 1GARDINER CAPITAL MANAGEMENT PCC
A financial institution is born
© 2013 Gardiner Finance LLC
This brochure presents the hedge funds currently being set up by Gardiner
Capital Management PCC, which will have the status of a public non-banking
financial institution in Mauritius. Its purpose will be to host hedge funds reg-
ulated by a license issued by the Financial Services Commission (FSC). The
fund will be managed by Gardiner Finance Mauritius Ltd., which holds license
issued by the FSC. These two companies are not offshore corporations being
resident in Mauritius for tax purposes and have their headquarters, ac-
counting, audit, subscription bank, fund administrator, transfer agent in Mau-
ritius. Their respective Boards of Directors are also be made up of a majority
of Mauritian residents and a minority of non-Mauritian directors. The two
companies are wholly owned subsidiaries of Gardiner Finance Holdings LLC,
the promoter and beneficial owner, with Michel Bigot as its Chairman.

2. Gardiner Capital Management
PCC, a financial institution under
Mauritian law, will offer quali-
fied investors opportunities to
invest in hedge funds operating
a strategy designed to deliver
either absolute returns or con-
stant positive returns, regardless
of market trends, and to pre-
serve capital.
At first sight, these aims might
seem contradictory, since the
underlying securities are made
up solely of equities on a num-
ber of international markets and
in a number of different curren-
cies. However, it is not necessary
to take risks to satisfy the first
condition, i.e. constant positive
returns, and even less necessary
to take risks in order to preserve
capital. Financial markets are
frequently viewed with suspicion
and credited with a negative
image, especially in the wake of
the financial crisis of 2008, that
surround them do nothing to
present the case for the simple
and effective aspects of such
markets within a complex global
environment.
PRESENTATION OF THE COMPANY
THE GARDINER FINANCE GROUP
The Gardiner Finance Group is 100% pri-
vately owned and comprises the following
companies:
• Gardiner Finance Holdings LLC, a compa-
ny incorporated under the laws of the
State of Delaware, United States, which
owns 100% of the shares in Gardiner Capi-
tal Management PCC, as promoter and
beneficial owner.
• Gardiner Capital Management PCC, a
Protected Cells Company incorporated
under the laws of Mauritius, which will
have the status of public non-banking de-
posit-taking financial institution and holder
of an FSC licence as a Collective Investment
Scheme (CIS).
• Gardiner Finance Mauritius Ltd., a com-
pany incorporated under the laws of Mau-
ritius, which will act as the CIS Manager or
fund manager. Its shareholders are Gardi-
ner Finance Holdings LLC and Gardiner
Capital Management PCC.
• Gardiner Finance LLC, a company incor-
porated under the laws of the State of Del-
aware, United States, which is responsible
for property rights and licences to graphics,
website domain names and copyright.
• Gardiner Finance Ltd., a company incor-
porated under the laws of England, which
plays a complementary role in all matters
not within the remit of the above compa-
nies.
© Corbis 2003
© Gardiner Finance LLC 2013
Gardiner Capital Management PCC Page 2
The financial insti-
tution will distri-
bute hedge funds on
a global scale accor-
ding to a strategy
of absolute returns
and capital preser-
vation.

3. THE MANAGEMENT TEAM
Our philosophy
The hedge funds' philosophy is perfectly
simple: a combination of an absolute returns
strategy and its corollary - capital preserva-
tion. This is achieved by mathematical selec-
tion of the equities invested according to
specific criteria, irrespective of market con-
ditions, coupled with daily updating accord-
ing to market trends at the start of trading.
Page 3GARDINER CAPITAL MANAGEMENT PCC
© Corbis 2003
Michel Bigot is French. He spent 20 years working in the banking
and insurance sector before taking up a salaried position as a Sen-
ior Financial Advisor in Geneva and later becoming an independent
financial advisor. In 2004, he set up the firm of Gardiner Finance
LLC in Geneva and www.gardinerfinance.com website. In 2007, he
started an investment fund in Mauritius and was granted an initial
FSC license for the Geneva-based firm then employing him as a
financial advisor. He holds a Certificate in Global Leadership from
Thunderbird School of Global Management. He is the company's
Chairman.
Patrick Castagna is also French. After graduating from the
Faculty of Law of Strasbourg University, he worked in Pri-
vate Banking as a Senior Financial Advisor for Worms and
Barclays in France, and in Switzerland as Senior Account
Manager with a management and trading firm. Fluent in
French, English and German, Patrick is a superlative com-
municator and will serve as CEO of Gardiner Capital Man-
agement PCC.
The first fund is:
 Gardiner US Fund: invested in equities
on US markets.
The financial institution supporting the
funds is located in Mauritius. The fund is
managed from Geneva on a daily basis
with the management team.
A FX Fund project is under way for the
trading of currencies. This fund has not
received any FSC clearance yet. It will
show a daily NAV at D+1 on the website.
The management team
is highly skilled and
experienced in capital
markets, with a global
overview of the in-
dustry. They have
developed tools and
procedures to hedge
fund management.

4. The "Master Mind" is mentioned frequently in
the works of Napoleon Hill, which most of us
will have read at some time or another. He
refers to the ability of entrepreneurs to bring
together specific skills for greater effective-
ness, for the greater good of society. Our fund
management partners:
 Financial institution: Gardiner Capital Mana-
gement PCC, Port-Louis, Mauritius.
• Promoter and beneficial owner: Gardiner
Finance Holdings LLC, Delaware, USA.
• Fund manager: Gardiner Finance Mauritius
LTD., Port Louis, Mauritius.
• General and global management: Gardiner
Finance LLC, Geneva, Switzerland.
• Chairman: Michel Bigot, Geneva, Switzer-
land
• CEO: Patrick Castagna, Geneva, Switzerland
• License: Financial Services Commission
(FSC), Ebene, Mauritius.
• Legal counsel: JuristConsult, Port Louis,
Mauritius.
• Management company: Juristax, Ebene,
Mauritius.
• Subscription bank: Afrasia Bank, Port Louis,
Mauritius.
• Custodian: MCB, Port-Louis, Mauritius
• Investment dealer: Interactive Brokers,
Greenwich, CT, USA.
• Auditor: BDO Mauritius, Port Louis, Mauri-
tius.
• Property rights: Gardiner Finance LLC, USA.
• Tax adviser: Maître François de Senneville,
Paris.
• Webmaster: SIA Itero, Riga, Latvia
• Advertising agency: Ink, London, United
Kingdom.
THE PARTNERS
Page 4GARDINER CAPITAL MANAGEMENT PCC
© Gardiner Finance LLC 2013
Such a combination
of qualified partners
creates a high perfor-
mance organisation
for fund management
and distribution. It is
the source of efficien-
cy; rigour; ethical ap-
proach of the funds
we offer as well as
sustainablity and Ex-
cellence.

5. In addition to being a world-
famous tourist destination, Mau-
ritius is also the financial hub of
the Indian Ocean, with funds of
USD500 billion on deposit. The
country features on the OECD
"white list" and is a signatory to
numerous tax conventions. Its
market regulator, the Financial
Services Commission (FSC), ex-
amines applications from and
issues non-banking licenses to
investment funds, pension funds
and insurance companies.
The choice of Mauritius as juris-
diction was dictated in part by
these criteria, and also by a rea-
soned decision to avoid the Eu-
ropean Union, the problems of
the euro and growing public
deficits, not to mention the eco-
nomic recession in the euro zone
and the political problems posed
by Italy, for example, and the
banking crisis in countries like
Cyprus.
Obtaining an FSC license is mak-
ing Gardiner Capital Manage-
ment PCC a non-banking finan-
cial institution in Mauritius for
the protection of investors
through strict and transparent
procedures.
MAURITIUS
The FSC
The FSC or Financial Services
Commission is the regulatory
authority for GBL1 category com-
panies. It issues licenses only
after scrupulous examination of
applications which require a
great deal of rigour and expertise
to compile.
The operational procedures in-
volved require the assistance of a
management company to liaise
between the financial company
and the FSC and with banks and
other partner organisations. The
financial company, which has the
status of a financial institution in
Mauritius, is thus free to focus on
its core business, i.e. managing
the funds it promotes. The com-
pany is resident in Mauritius for
tax purposes and all documents
are retained in Mauritius and
available to the FSC at all times.
Strict procedures
It is within this strictly supervised
regulatory environment that Gar-
diner Capital Management PCC
will operate on behalf of its in-
vestors:
 Subscriptions will be processed
by Juristax Ltd which is respon-
sible for collection of docu-
ments and due diligence.
• Subscribers transfer funds to
the financial institution's account
with Afrasia Bank Ltd.
• The bank transfers all sums
invested to MCB at the end of
each month.
• The fund management team at
Gardiner Finance Mauritius Ltd.
manages the funds in conjunc-
tion with the trader, Interactive
Brokers in the USA.
• Reconciliation of client ac-
counts, calculation of NAV and
the information platform are all
managed by Equinoxe AIS Mauri-
tius in its capacity as transfer
agent.
• The company and the funds are
audited by BDO Mauritius in ac-
cordance with international au-
diting standards.
Gardiner Capital Management PCC
© Corbis 2003
The Financial Services
Commission (FSC) is the
regulatory authority in
Mauritius. It issues non-
banking licenses and mo-
nitor the application of
the rules in force under the
Financial Act 2007.

6. The first fund consists of US equities, mainly
small- and mid-caps, with a dual strategy of
absolute returns and capital preservation.
The fund's investment objective is to achieve
a maximum return on investment by pur-
chasing listed equities. The fund manager
achieves this objective by selecting equities
for the short, medium or long term on the
basis of both fundamental and technical anal-
ysis, taking advantage of investment oppor-
tunities created by market anomalies over a
short-term investment horizon. There is no
guarantee that the fund will achieve its in-
vestment objective. Most of the fund's re-
turns are achieved from companies which
appear to be undervalued in terms of intrin-
sic value, with a high return on invested capi-
tal and limited competitiveness.
Most of the stocks in these companies has
been analysed prior to investment and are
purchased over a short, medium and long-
term horizon. In the case of a short-term in-
vestment, the fund manager seeks to identify
companies or indices exposed to competitive
pressures with low returns on investment
and weakened fundamentals.
Short positions are not generally selected as
hedging for long positions. Some of the in-
vestment techniques used by the find include
particular risks best described as "specific risk
factors".
GARDINER U.S. FUND FACTSHEET
The US market is the most dynamic in the
world and features more information sys-
tems than any other. Stock picks are made at
the start of each day's trading, taking into
account the trend on the markets. In the
event of a neutral market, a short portfolio is
used to hedge a long portfolio. A maximum
margin of 50% may be used for equities.
The fund is decorrelated from markets and
behaves positively under all conditions with
a strong upward trend and weak downward
trend. Returns can be tailored according to
performances over previous days and weeks,
i.e. according to whether the fund is ahead
of or trailing an average monthly return of
15%, the midline that corresponds to the
fund's philosophy. Risk management is ap-
plied by the intrinsic behaviour of the select-
ed equities and daily trading.
Page 6GARDINER CAPITAL MANAGEMENT PCC
© Corbis 2003
Fund fondamentals
The first fund in our
range is the
« Gardiner U.S.
fund », invested in
U.S. equities in the
most dynamic and
best-informed mar-
ket in the world.
Our dual investment
philosophy, Abso-
lute return plus Ca-
pital preservation is
our guarantee of
effective risk mana-
gement.

7. Page 7GARDINER CAPITAL MANAGEMENT PCC
Gardiner Capital Management PCC
C/o Juristax Ltd
12 th Floor, NexTeracom Tower
Ebene, Mauritius
Contact:
Patrick Castagna, CEO
Tél. : +41 78 743 95 58
patrick.castagna@gardinercap.com
Skype: genevepc
www.gardinercap.com
Contact us
© Corbis 2003