Factors

An investment in the Fund is in principle subject to the following risks:

1. Investment risks
2. General risks
3. Market risks and
4. Risk inherent to the use of OTC (over-the-counter) derivatives.

It is possible that your investment will increase in value; it is also possible that your investment will generate little or no income and that all or part of your investment will be lost due to unfavourable price movements. It is important that you are well aware of the risks involved in investing in the Fund. These are described in detail in the prospectus (chapter 3, risk factors) and in the financial information leaflet (section 2.3, risks).