Risk and Reward Profile

• The summary risk indicator is a guide to the level of the risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you.
• This product does not include any protection from future market performance so you could lose some or all of your investment.
• Other Material Risks relevant to the Portfolio not included in the summary risk indicator are set out in the Prospectus.
• If the Fund is not able to pay you what is owed, you could lose your entire investment.
• We have classified this Fund as 4 out of 7, which is a medium risk class. This rates the potential losses from future performance at a medium level, and poor market conditions could impact the Fund's capacity to pay you.
• The actual risk can vary significantly if you cash in at an early stage and you may get back less.
• You may not be able to cash in early. You may have to pay significant extra costs to cash in early.
• Be aware of currency risk when the currency of the Fund is different than the official currency of the Member State where the Fund is marketed to you. You will receive payments in a different currency than the official currency of the Member State where the Fund is marketed to you, so the final return you will get depends on the exchange rate between the two currencies. The risk is not considered in the indicator shown above.