No offer, non-binding nature

The information published on this website does not represent, or should not be construed as representing, a solicitation, an offer, or a recommendation to buy or sell an investment or to take part in any other transaction or to conclude legal transactions. All information and opinions featured on this website is provided for purely informative purposes and for personal usage; it may be withdrawn or amended at any time without notice. Despite the efforts made by AXA Investment Managers to gather and confirm all information, AXA Investment Managers cannot give any representation, warranty or undertaking of any nature, whether express or implied, as to the accuracy, up-to-date character, completeness or in general terms the quality or reliability of the information available on the website. In particular AXA Investment Managers is neither obliged to remove outdated information from this website nor to expressly mark it as such. The information of  AXA Investment Managers on this website shall not be construed as economic, legal, tax or other advice, nor may investment or other decisions be made solely on the basis of this information. Prior to any transaction an adequate consultation focused on the individual client situation should be obtained and potentially interested parties should carefully consider the appropriateness of their investments in relation to their specific situation and ensure that they understand the risks involved in making their investment decisions. As part of this individual consultation you will also be informed of costs and fees associated with the purchase of one of the mentioned products. While providing investment services, AXA Investment Managers and/or its affiliates may receive or grant benefits (commissions, fees or other payments as well as all monetary benefits).

Performance results

Performance results of the past are no indicator for any future returns or performance trends. The value and returns derived from investments may go down as well as up and is not guaranteed. Furthermore commissions and costs have an adverse effect on the performance of a fund. Investors may potentially be paid out less than the invested amount or perhaps they will even suffer a total loss. Also exchange rate fluctuations may influence the value of your investment. Investors are informed that as regards funds investing in emerging markets, investments will be made in markets which could be volatile and it may be difficult at times for the funds to sell the purchased securities. The fiscal treatment of your income from shares may be subject to changes by the legislator or deviating interpretations of the legislation by financial authorities. A liability or guarantee for the up-to-dateness, correctness and completeness of the allocated information cannot be assumed by AXA Investment Managers. Any purchase of fund units is carried out exclusively on the basis of the prospectus and the key information documents and the information contained therein. It is permitted to issue statements which are deviating from the information and explanation contained in the prospectuses and key information documents. We hereby expressly distance ourselves from such deviating information and explanations, in particular with regard to deviating information and explanations of the distributors and information centres mentioned on this website including in the disclaimer.