The material has been prepared by Syd Fund Management A/S and is not and may not be construed to be an invitation to trade units in the investment fund. Before you invest, please read the most recent prospectus and Key Investor Information which are available free of charge at www.sydinvest.com. If the contents of the material deviate from the contents of the prospectus, the contents of the prospectus will prevail.

Past performance is no guarantee of future performance and de facto realised returns may deviate from expectations. Please note that returns and price developments in the fund may be negative.

Syd Fund Management A/S assumes no liability for changes in assumption or any errors in the material, including any source errors, misprints or errors of calculation. Syd Fund Management A/S accepts no liability for losses which may have any direct or indirect connection with transactions made solely on the basis of the material. We recommend that you seek professional advice.

The contents of "Downloads" reflect the best estimates, assessments and expectations of Syd Fund Management A/S and are based on sources of information which Syd Fund Management A/S considers reliable.

Syd Fund Management A/S is not liable for loss or damage resulting from technical errors, including breakdown of or lack of access to servers, damage to data as a result of communication failure of technical systems, power failure or breakdown of telecommunications.

Syd Fund Management A/S is moreover not liable for loss or damage resulting from any third party’s unauthorised access (hacking) via the website to the data of the investment fund, the user or any third party. Furthermore the investment fund cannot be held liable for damage resulting from any virus which has infected users’ computer equipment as a result of browsing, downloading or similar transactions in connection with the use of the investment fund’s website.

Where the material contains information about the tax treatment of a transaction it must be borne in mind that the tax treatment always depends on the individual circumstances of the investor and moreover that the rules may change in the future.