This is a marketing communication. Please refer to the prospectus and to the KID before making any final investment decisions. This publication is not addressed to persons who by domicile or nationality are prohibited from receiving such information according to applicable law. It should be noted that the value of the shares acquired may fluctuate due to fluctuations in the investments in the fund and the market prices of the securities. Past performance is no indication of current or future performance. The performance data do not take into account the commissions and costs charged on the issue and redemption of shares. In addition, no assurance can be given for the fulfillment of the objectives of the investment policy. Information on opportunities and risks can be found in the Sales Prospectus. The Key Investor Information must be provided to the investor prior to purchase. These documents can be downloaded in German on the homepage of the Management Company IPConcept (Luxemburg) S.A. (https://www.ipconcept.com/ipc/de/fondsueberblick.html) free of charge. In addition, these are available free of charge from the Information and Sales Office. The Management Company may decide to cancel the arrangements it has made for the distribution of the fund in accordance with Article 93a of Directive 2009/65/EG. Further information on investor rights is available in
German on the website of the management company (https://www.ipconcept.com/ipc/de/anlegerinformation.html). The basis for the purchase is solely the Sales Prospectus, the KID, the Management Regulations and the reports. An up-to-date version can be requested from the respective sales office as well as from the representative in Switzerland. This fund report is neither to be construed as an offer to purchase nor as investment advice. It does not refer to the specific investment objectives, the specific situation, or any requirements of individual persons. In particular, the recipient should carefully consider the suitability of such investment to his specific circumstances and, where necessary, obtain independent professional advice with regards to any legal, regulatory, tax, and other consequences. Despite due care in the preparation of the factsheet, no responsibility is accepted for errors or omissions, or actions based thereon of any kind. Representative in Switzerland is IPConcept (Schweiz) AG, Bellerivestrasse 36, CH-8008 Zurich. The paying agent in Switzerland is DZ PRIVATBANK (Schweiz) AG, Bellerivestrasse 36, CH-8008 Zurich.