Legal Notice

The information and content on this website do not constitute a public offer or an invitation to acquire or sell securities, funds or financial instruments. Any investment decision relating to one of the products described herein should not be based on this website but only be made on the basis of respective sales documents (sales prospectus, semi-annual or annual reports, UCITS funds the key investor information).

The products referred to on this website may not be offered in all jurisdictions and may only be purchased by those investors entitled to do so. The information and contents of this website are not addressed to any persons or legal entities whose domicile prohibits the distribution of this information. All persons and legal entities whose domiciles are subject to a foreign jurisdiction should inform themselves about and observe these restrictions.

In particular, the information on this website is not addressed to the USA. US nationals, legal entities and persons with residence in the USA may not access this website. The information on this website may not be distributed or passed on in the USA. The products referred to on this website will not be registered under the United States Securities Act of 1933 and no approval has been obtained in compliance with the US Commodities Exchange Act of 1936. The products listed on this website may not be offered or sold in the USA either to citizens, or to US residents, or to legal entities domiciled in the USA.

The information and contents of this website are provided for informational purposes only and entail no contractual or other obligations. They do not purport to be an offer or sale of any interest in a fund. The information and contents of this website are based on carefully selected sources that are considered reliable. We can neither assume responsibility for, nor guarantee, among other things, the completeness, correctness, timeliness, accuracy and availability of the information, despite having compiled it with due care. This information is legally a marketing communication which does not meet all legal requirements designed to guarantee the independence of financial analyses and it is not subject to any prohibition on dealing ahead of the publication of financial analyses.

The same applies to all websites of other companies that are referred to by weblink. Their information and contents are neither authorized nor controlled by us. We furthermore point out that we are not responsible for these companies' data protection policies. Any liability or warranty derived from information and contents of these websites is excluded. This also applies, in particular, to prices, news or other market and stock-exchange information that is taken from third party systems onto this website.

All opinions expressed on this website are based on our assessment at the time it was published, regardless of when you receive the information, and are subject to change at any time, based on the economic, political and legal situation, without prior notice. We thus expressly reserve the right to change any opinions expressed on this website at any time and without prior notice. Any liability or warranty arising from this website is therefore completely excluded.

The information and contents of this website were examined only for compliance with German law. In some jurisdictions, the dissemination of such information may be subject to legal restrictions. The preceding information is thus not intended for natural or legal persons who have their residence or registered office in a jurisdiction that restricts dissemination of information of this type. Natural or legal persons who have their residence or registered office in a foreign jurisdiction should seek information on such restrictions and observe them accordingly.

In particular, the information and contents contained on this website is not intended for citizens of the UK. The information and contents contained on this website is also not intended for any resident of the United States or any other person deemed to be a "US person" as defined in Rule 902 of Regulation S under the US Securities Act of 1933, as amended. No US federal or state securities commission or regulatory authority has confirmed the accuracy or determined the adequacy of the information and contents of this website or any other information provided or made available to investors. Any representation to the contrary is a criminal offense.

The information and contents of this website may also be unsuitable or inapplicable for certain investors. It is simply provided by the company as information for use at your own discretion and is no substitute for individual advice.

The value and return of the fund products, securities and financial services presented may decrease and increase, and in some cases investors may not receive back the full amount they invested. Past performance is no indicator of future performance.

Past performance is neither an indicator nor a guarantee of future performance. Future performance is neither explicitly nor implicitly guaranteed nor promised.

Should parts or any individual wording of this liability exclusion not, no longer or not entirely conform to current law, the content and validity of the remaining parts will not be touched.

The information contained in e-mails is confidential and solely for the intended addressee(s). Unauthorised reproduction, disclosure, modification, and/or distribution of this e-mail is prohibited. If you have received an e-mail in error, please notify the sender immediately and delete it from your system. As messages can be intercepted, corrupted, contain viruses or arrive late or incomplete, e-mail transmission cannot be guaranteed to be secure or error free.