Disclaimer

This document is a marketing communication published for marketing and information purposes only. The information is based on sources we believe to be reliable, but we cannot guarantee their accuracy and completeness. We would like to point out that this document does not constitute an invitation to buy or sell securities or investment funds. Investment decisions should only be made on the basis of current sales documents (key investor information, sales prospectus and, if published, the latest annual and semi-annual reports), which also contain the solely authoritative contractual terms and conditions. All relevant documents can be obtained  free of charge from the asset manager,  Universal-Investment-Gesellschaft mbH (Theodor-Heuss-Allee 70, D-60486 Frankfurt am Main, Germany). The sales documents are also available on the Internet at www.universal-investment.com. The information provided does not constitute a recommendation or advice. All statements reflect the current assessment. The opinions expressed in the document are subject to change without prior notice. Neither the asset manager nor its cooperation partners accept any liability whatsoever for the use of this document or its content. A summary of your investor rights in German can be found at www.Universal-Investment.com/media/document/Anlegerrechte We would also like to point out that Universal-Investment-Gesellschaft mbH may, in the case of funds for which it has made arrangements as management company for the distribution of units in EU member states, close these arrangements in accordance with Art. 93a of Directive 2009/65/EC and Art. 32a of Directive 2011/61/EU, in particular by making a blanket offer to repurchase or redeem all corresponding units held by investors in the relevant member state.