AC - Adaptive Diversification 12 Fund EUR D

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Disclaimer

For information purposes only. It does not constitute an offer or solicitation of an offer for the product presented and may not be used as an offer or solicitation. Predictive statements are based on assumptions. Since all assumptions, predictions and statements simply reflect the current view of future events, they are quite naturally subject to inherent risks and uncertainties. Thus, they should not be regarded as guarantees or promises regarding future performance. Investors are alerted that future performance can vary greatly from past results. Especially performance results referring to a period of less than twelve months (Year-to-date-performance, start of investment fund within the last twelve months) does not reliably indicate future results due to the short period of comparison. Hence, the future performance of the investment cannot be guaranteed. Sole basis for the purchase of units are the offering documents of this product (the latest prospectus, the Key Investor Information Document, the latest statement of accounts and - if older than 8 months - the latest half-year review).

The risk class corresponds to the Synthetic Risk and Reward Indicator (SRRI). The SRRI is a measure of the overall risk and reward profile of a fund. Its calculation is based on the CESR, 10-673 Directive. Funds are categorised on a scale from 1 to 7, with 1 representing lowest risk and 7 representing highest risk. The fund’s position on this scale is a reasonably accurate reflection of the risk inherent in the fund under past market conditions. It does not reflect the risk inherent in any future circumstances or events that differ from what the fund has experienced in the past. Changes in the fund’s alignment within the boundaries set by its investment policy may also impact the fund’s risk/reward profile. The fund’s risk rating may change in the future and does not constitute a guarantee. Even a fund rated in category 1 does not represent a completely risk-free investment.