Polar Scope HM5 for EQ3 (skywatcher)

[TheMontyB]

Hello everyone,

Brand new to the hobby and this forum. Delighted to be here!

I have a question regarding my newly acquired HM5 Polar Scope. The reticle features a clock face, I understand from the instructions provided that I must position Polaris at the correct point on the circle; I have an app that advises of the correct position called PS Align (IOS). 
 

My question is: should the white indicator line on the black collar of the scope match the zero position of the reticle?

Mine does not. Do I need to loosen a scew and twist the collar around until it matches the reticle zero position?

Thanks in advance for any guidance given.