Disclaimer

This is a promotional announcement. Unless indicated otherwise, source of data is ERSTE-SPARINVEST Kapitalanlagegesellschaft m.b.H., Erste Asset Management GmbH, RINGTURM Kapitalanlagegesellschaft m.b.H., and ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. Our official languages for communications are German and English. Both the Complete and the Simplified Prospectus and Important Information for Investors (as well as any amendments to these documents) have been published in the “Amtsblatt zur Wiener Zeitung” in accordance with the provisions of the Austrian Investment Funds Act of 2011 (Investmentfondsgesetz, InvFG) and the  Austrian Real Estate Investment Funds Act of 2003 (Immobilien-Investmentfondsgesetz, ImmoInvFG), in the respective versions currently in force, and they are available at no charge at the main offices of each of the companies and the main offices of each of the custodial banks. The exact date of the most recent publication of each of these documents, the languages in which the Simplified Prospectus and Important Information for Investors are available, and any additional locations at which these documents may be obtained can be ascertained by visiting the companies' respective websites at www.erste-am.at and www.ersteimmobilien.at.

This document is intended as additional information for our investors and is based on the state of knowledge of the persons charged with creating it as was extant on the publication date. Only analyses and conclusions are of a general nature and do not take into account the individual requirements of our investors with respect to yield, tax matters, or risk tolerance. Value trends in the past are not a reliable indicator of the future development of a fund. Please be aware that in addition to the described opportunities, an investment in securities also entails risks. The value of securities and their yield may rise as well as fall. In addition, changes in exchange rates can have an impact on an investment, both positively and negatively. For this reason, it is possible that when you redeem your units, you may receive less that the amount originally invested. Individuals interested in acquiring investment fund units should read the current sales prospectus(es), in particular, the description of risk contained therein, prior to making any investment.

With respect to limitations on the sale of fund units to US citizens, please see the corresponding discussion in the "Complete Prospectus”. No liability for printing mistakes and errors.

Presentation:
It is expressly noted that presentations give no investment advice and make no investment recommendations. Rather, they merely convey current market opinion. Presentations do not constitute sales activity and thus may not be understood as an offer to purchase or sell financial and investment instruments. Investors are solely responsible for all decisions that they may make on the basis of these presentations.