The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

Please remember that different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific (those undertaken or recommended by Colonial Scrip), will be profitable or equal any historical performance levels. Investments discussed on the website, if any, may not be suitable for all investors.

The following risks should be carefully considered before investing. An investment in Colonial Scrip LP is illiquid in nature and cannot be easily sold or transferred. Investors may not be able to access their capital for a period of several years or longer. The value of the investment may be adversely affected by changes in the real estate market, including changes in supply and demand, interest rates, governmental regulations, and other economic and political factors. Investments may be subject to operating risks, including, but not limited to, changes in local market conditions, tenant defaults, and changes in applicable laws and regulations. Investment may not generate the anticipated returns or cash flows, which could result in a loss of capital invested. Colonial Scrip may use leverage to finance its investments, which could amplify losses if the underlying assets perform poorly. Investment performance is subject to the skill and judgment of its managers, who may be inexperienced, have conflicts of interest, or suffer from other limitations. The risks described above are not exhaustive and other risks associated with investment may exist. The information provided in this disclosure statement is not intended to be a complete summary of all the risks associated with investing in the Fund. Potential investors are urged to consult their professional advisers on the implications of making an investment in, holding or disposing of [units/shares] of, and the receipt of distribution from any investment.