With your access to the ACATIS Investment GmbH (ACATIS) website and its links you declare that you have read, understood and accept the following legal information. If you are unable to accept, we would kindly ask you to exit the website and its links. The ACATIS website is not intended for persons living in a country whose prevailing laws prohibit publication or access to the ACATIS website (for whatever reasons). Citizens or residents of the United States of America are not permitted to access the ACATIS website under U.S. law.
ACATIS funds are registered for distribution in the following countries:

• Germany
• Austria
• Switzerland
• France
• Luxembourg
• Liechtenstein
• Hungary

However, please note the following:
With the exception of Germany, not all the funds are registered in the countries listed. Funds that are not registered are not available there for public distribution and may not be offered for sale.

The information published on the ACATIS website does not constitute a solicitation, an offer, or a recommendation to buy or sell fund units or to undertake other transactions. It serves solely for an understanding of the investment process and is not intended as an investment recommendation.
The value of the capital invested and the price of the fund units as well as the income and amounts distributed from the fund are subject to fluctuation and may fall away completely. A positive performance in the past is therefore no guarantee of a positive performance in the future. In particular, it cannot be warranted that the capital invested will be preserved; consequently, there is no guarantee that, upon sale or redemption, the value of the capital invested or the fund units held will be equal to the capital originally invested. Investments in foreign currency are subject to additional exchange rate fluctuations and currency risks, i.e. the performance of such investments depends also on the volatility of the foreign currency, which can have a negative effect on the value of the capital invested. Holdings and allocations can change. No warranty can be given that the market forecasts will be achieved. While ACATIS takes all reasonable care to ensure the correctness and accuracy of the information presented, no warranty can be given that it is correct, reliable and true. Investors should not purchase the fund units directly. Please contact your investment advisor for further information on the ACATIS products.
ACATIS accepts no liability for loss or damages of any kind from access to its website or its links. Should any legal relationship between the user and ACATIS result from the use of the ACATIS website it shall be governed by German law.