Disclaimer funds

The investor should be aware that one particular chosen investment strategy may involve a higher degree of risk than another. The investor must be familiar with and understand the types of financial instruments in which his/her assets may be invested pursuant to the investment strategy. Investors should also be aware that the investment result of a managed product that contains investment funds depends not only on the ability of Nordea Bank S.A. but also on the ability of the investment manager of the relevant investment fund.

Nordea Bank S.A. advises every investor or potential investor to seek independent legal and tax advice before taking any decision to invest in any financial instruments. The Nordea Fund of Funds, SICAV is an open-ended Luxembourg-based investment company (Société d’Investissement à Capital Variable), validly formed and existing in accordance with the laws of Luxembourg and with the European Community Directive 2009/65/EC of 13 July 2009. Investments in Nordea Fund of Funds, SICAV should always be made on the basis of the current prospectus and Key Investor Information Document, which are available free of charge upon request directed to the registered address of Nordea Bank S.A. or from Nordea Investment Funds S.A., 562, rue de Neudorf, P.O. Box 782, L-2017 Luxembourg.

This publication is intended only for, and may be distributed only to, accredited investors, expert investors or institutional investors in Singapore.