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The information provided on this website is marketing communications according to article 36 para. 2 delegate regulation (EU) 2017/565 (" DelVO 565") of Danex GmbH. The information does not constitute financial analysis pursuant to article 36 para. 1 DelVO, nor has it been prepared in compliance with the legal provisions promoting the independence of financial analysis. The information is not subject to any prohibition of action following the dissemination of financial analysis. The information contained as well as analyses and market assessments are based on the state of knowledge of the persons entrusted with the preparation of the information - with the restriction of any supplements or amendments.

The information serves as additional information and does not constitute investment advice nor an offer or invitation to buy or sell these products.

Danex GmbH does not assume any liability whatsoever that the information provided on this website and the data or details used are correct, complete or up-to-date at all times. Furthermore, Capital Solutions Advisory GmbH does not guarantee or assume any liability for the correctness, completeness and up-to-dateness of the information on websites referred to via hyperlink.

The presentations, analyses and market assessments of Danex GmbH are of a general nature and do not take into account the individual needs of investors with regard to return, tax situation, risk tolerance or suitability of financial products. They do not replace investor and property-specific advice or comprehensive risk disclosure. Please note that an investment in financial instruments involves risks as well as opportunities.

Past performance is not a reliable indicator of future performance. please note that in the case of a term of less than 12 months, the presentation of the performance is of little significance due to the very short term of the investment. the tax treatment depends on the individual situation of the respective investor and refers to the legal status at the time of preparation of the document and may be subject to future changes.

Notes

Danex GmbH makes every effort to provide correct and complete information on this website. However, Danex GmbH does not assume any liability whatsoever that the information provided on this website is correct, complete or up-to-date. In particular, Danex GmbH reserves the right to change or remove information on this website at any time and without prior notice.

Danex GmbH is also not obliged to regularly update the information contained on the website. Furthermore, Danex GmbH assumes no liability for any hyperlinks contained on the website. In particular, Danex GmbH is in no way responsible for the content of the linked website and cannot influence the content of these linked websites.

Danex GmbH expressly draws the user's attention to the fact that the information contained on this website is for the user's information only, but cannot replace personal consultation in a specific individual case.