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The content of the above published publications is for your information only and does not constitute an offer, offer or solicitation of an offer to buy or sell investment or other specific products. The information and opinions contained in this publication come from sources that we believe are reliable and credible. Nevertheless, we decline any contractual or implied liability for incorrect or incomplete information. International investment products contain risks that are unsuitable for certain investors. Changes of a political, economic or monetary nature can trigger fluctuations in the value of existing investments at any time, which can lead to high to very high losses of capital investments. There are special risks for private equity exposures that can lead to total losses. This documentation may not be used as an exclusive basis for a decision or in lieu of an independent assessment. The products listed may not be suitable for all persons. Therefore, in case of doubt, a professional advice should be sought.