Genève Invest (Europe) S.A. is liable to the control of the CSSF (Commission de Surveillance du Secteur Financier) in Luxembourg, which as well regulates Genève Invest (Europe) S.A.. Genève Invest (Europe) S.A. is permitted to offer the services of an asset management company in 27 countries of the European Union. Moreover, it is registered as an asset management firm with the financial regulatory authority FCA (Financial Conduct Authority) in the United Kingdom as well as with the Irish financial services regulator Central Bank and Financial Services Authority of Ireland. The information contained in this web page (www.geneveinvest.com) and the associated sub-pages does not represent investment advisory services; it exclusively serves the purpose of product description. In particular, this information does not express any suggestions to enter into such transactions of the type referred to. Past performance is no guarantee of future results. The views expressed are those of the portfolio managers at Genève Invest (Europe) S.A. at the time of publication. The views expressed facilitate the understanding of the investment process and are not intended as an investment recommendation. Holdings and allocations are subject to change. No guarantee can be given that the market forecasts will be achieved. The information is only for the use of the person for which it is intended and may not be reproduced or distributed to any other person. Conflicts of interest at Genève Invest (Europe) S.A. cannot always be ruled out. Information on dealing with conflicts of interest is available on request. The information is based on carefully selected sources, which Genève Invest (Europe) S.A. considers reliable, but their correctness, completeness and accuracy cannot be guaranteed. They do not constitute an offer or invitation to subscribe for or purchase fund units and are provided for information purposes only. Products and services may vary from country to country. Information on this website does not replace the information about this product, which the investment firm may be required to provide individually on acquisition of the product. The information provided on this website only represents the important features. The tax treatment of a portfolio depends on the individual circumstances of each client and may be subject to change. Genève Invest (Europe) S.A. is regulated by the CSSF.