This is a marketing communication for German investors. Please read the fund's sales prospectus and basic information sheet (KID) before making a final investment decision. This also contains detailed information on opportunities and risks. The advertised investment concerns the purchase of fund units, not the purchase of specific underlying assets, such as shares or bonds of a company, as underlying assets are only owned by the fund. The sole basis for the purchase of shares in the fund are the current sales documents (basic information sheet (KID), sales prospectus, annual and semi-annual reports, if available). All information published here is for your information only and does not constitute investment advice or any other recommendation and is subject to change at any time. The sales documents and further information are available free of charge in German on the website www.van-grunsteyn.com. A summary of investors' rights in German can be downloaded free of charge in electronic form from the website www.ipconcept.com/ipc/de/anlegerinformation.html. Consultation with an appropriate financial and tax advisor is recommended before investing in units in the Fund. The value of an investment and the amount of income may fall as well as rise as a result of market and exchange rate fluctuations.  You may not get back the full amount originally invested. Past performance is no guarantee of future performance. The information published herein is based on the legal position as of the document date. This document and the information contained herein may not be distributed in the United States and distribution may be restricted in other jurisdictions. The Management Company may notify the distribution of units in the Fund in various EU or EEA member states. It should be noted that it may decide to withdraw the arrangements it has made for the distribution of units in the Fund in accordance with Article 93a of Directive 2009/65/EC. You can contact us by phone at +49 69 13 38 52 41 or write us an e-mail at hello@van-grunsteyn.com. All information has been provided with care according to the date of processing and partly reflects personal market opinions. No guarantee or liability can be assumed for their correctness and completeness.