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significant information for US citizens :
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The information published on the Web site besides does not represent investing advice or a recommendation to purchase or sell the products described on the Web web site .

V. Risks/Value developments
past growth values are not binding, provide no undertake and are not an indicator for future value developments. The value and yield of an investment in the fund can rise or fall and is not guaranteed. Investors can besides receive back less than they invested or even suffer a sum personnel casualty. Exchange rate changes can besides affect an investment. Purchase or investment decisions should only be made on the footing of the data contained in the relevant sales booklet .

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VII. MSCI data
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IX. Court of jurisdiction and applicable law
The legal conditions of the Web site are entirely subject to german law. The court responsible for Stuttgart ( Germany ) is entirely responsible for all legal disputes relating to the legal conditions for this Web web site .

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