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Siemens Fonds Invest GmbH

Legal notice

Important legal information.

    General information

    The sole binding basis for the purchase of investment fund units is the key investor information, the applicable sales prospectus with the investment conditions and the most recently published annual and/or semi-annual report of the respective investment fund. These documents are available in German free of charge as a download on our website under the respective fund portrait or by post from Siemens Fonds Invest GmbH, 80200 Munich. The explanations are based on the current legal and tax situation. The tax assessment depends on the personal circumstances of the individual investor and may be subject to changes in the future. Such changes can also be introduced retroactively and have a negative impact on tax treatment. Siemens Fonds Invest GmbH therefore recommends that interested investors obtain detailed information before purchasing investment fund units. Investment fund units are subject to fluctuations in value. Past values are not a reliable indicator of future results. Assets can go down as well as up. Investing in investment fund units therefore also carries the risk of losses and investors may not get back the full amount invested. The sole purpose of this website is to provide information about Siemens Fonds Invest GmbH and the products of Siemens Fonds Invest GmbH approved for distribution in Germany. The information on this website is intended exclusively for persons who are resident in Germany or who access this website from Germany and, in particular, is not intended for nationals or residents of the USA. The English version of the website is provided for informational purposes only as a courtesy translation. Relevant in all aspects is only the German version. The information and products presented do not constitute a recommendation or solicitation to purchase or sell investment fund units or investment advice. The information and assessments presented on this website are based on the information available to Siemens Fonds Invest GmbH at the time of publication and are subject to change at any time without notice. The data used comes from various sources that have been assessed as accurate and reliable; however, their completeness and accuracy are not guaranteed.

    Current information (The information below is available in German only.)

    Verwahrstellenwechsel von The Bank of New York Mellon SA/ NV zu der Hauck Aufhäuser Lampe Privatbank AG mit Wirkung zum 02.01.2026

    Wichtige Mitteilung und Erläuterungen für die Anteilinhaber der folgenden OGAW-Sondervermögen:

    Siemens Euroinvest Aktien – WKN: 977258 / ISIN: DE0009772582
    Siemens Euroinvest Renten – WKN: 977259 / ISIN: DE0009772590
    Siemens Weltinvest Aktien - WKN: 977262 / ISIN: DE0009772624
    Siemens Euro Cash – WKN: 977263 / ISIN: DE0009772632
    Siemens Euroinvest Corporates – WKN: A0MYQX / ISIN: DE000A0MYQX1
    Siemens Qualität & Dividende Europa – WKN: A0MYQ2 / ISIN: DE000A0MYQ28
    Siemens Qualität & Dividende USA – WKN: A14XPB / ISIN: DE000A14XPB4
    Siemens Diversified Growth – WKN: A14XPF / ISIN: DE000A14XPF5
    Siemens EMU Equities – WKN: A14XPH / ISIN: DE000A14XPH1
    Siemens Global Equities – WKN: A14XPG / ISIN: DE000A14XPG3
    Siemens Absolute Return – WKN: A2N66L / ISIN: DE000A2N66L7
    Siemens Global Growth – Anteilklasse A - WKN: 977265 / ISIN: DE0009772657; Anteilklasse B – WKN: A2N66N / ISIN: DE000A2N66N3
    Siemens High Yield – Anteilklasse A – WKN: A2N66R / ISIN: DE000A2N66R4; Anteilklasse B – WKN: A2N66S / ISIN: DE000A2N66S2
    Siemens Balanced – Anteilklasse A - WKN: A0KEXM / ISIN: DE000A0KEXM6; Anteilklasse B – WKN: A40NEA / ISIN: DE000A40NEA6

    Wechsel der Verwahrstelle

    Mit Wirkung zum 02. Januar 2026 wechselt die Verwahrstellenfunktion für die oben genannten OGAW-Sondervermögen von The Bank of New York Mellon SA/ NV – Frankfurt am Main zu der Hauck Aufhäuser Lampe Privatbank AG- Frankfurt am Main.
    Aus dem Wechsel der Verwahrstelle entstehen den Anteilinhabern keine Kosten.
    Die diesbezügliche Genehmigung hierzu erteilte die Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) mit Schreiben vom 21. Juli 2025.
    Die aktualisierten Ausgaben der Verkaufsprospekte werden auf unserer Internetseite veröffentlicht (www.siemens.de/publikumsfonds).

    Governance & Policies

    Best Execution Policy
    The company has established principles for best execution in the acquisition or sale of financial instruments (best execution policy). The principles can be requested from the company on request.

    BVI Rules of Conduct The BVI's Rules of Conduct set voluntary standards that go beyond the legal duties of fund managers. They take into account their role as trustees, which places particularly high demands on behavior towards investors. We, Siemens Fonds Invest GmbH, comply with the BVI Rules of Conduct as amended on July 1, 2019. These are available here.

    BVI Rules of Conduct (as of 01/07/2019)
    Wohlverhaltensregeln des BVI (Stand 01.07.2019)

    Principles of the participation policy Participation
    Policy of Siemens Fonds Invest GmbH in the Exercise of Shareholder Rights (As of: 18/09/2024)

    1. Exercise of shareholder rights
    The participation policy of Siemens Fonds Invest GmbH includes the exercise of voting rights and constructive corporate dialogue (engagement).

    The voting rights principles are based on the German Corporate Governance Code, the analysis guidelines for annual general meetings of the German Investment and Asset Management Association, the recommendations of the proxy advisor Egan Jones in accordance with the "Egan-Jones Proxy Services Socially Responsible Investing (Environmental, Social, and Governance) Proxy Voting Principles and Guidelines" and the principles for exercising voting rights recommended by the European fund association EFAMA. The principles are intended to enable an appropriate and situational- decision on proposed resolutions for the Annual General Meetings. They are regularly reviewed and – if necessary – adapted to current developments. Siemens Fonds Invest GmbH (SFI) votes globally for all companies. In principle, sustainability issues are taken into account in all votes in North America and Europe. The results of the votes are published accumulated by region on our website on a quarterly basis and are therefore available to everyone. SFI usually refrains from attending the Annual General Meetings due to the associated costs and transmits its votes in electronic form. Own proxies can be sent to selected Annual General Meetings.

    The following elements of the voting policy and participation in portfolio companies are limited to listed companies of the European Economic Area (EEA). Insignificant shareholdings can be excluded (cf. Section 134b (3) of the German Stock Corporation Act). The SFI defines an insignificant stake in a publicly traded company if it holds less than 1% of the outstanding shares in the company.

    2. Exercise within the framework of the investment strategy
    SFI investors are primarily interested in a medium- to long-term investment strategy. Corresponding objectives are described in the investment guidelines of the funds. Depending on the predefined objectives and the respective return and risk targets as well as compliance with legal provisions, the criteria agreed in the investment strategy are continuously implemented and monitored by the portfolio management.

    3. Monitoring important affairs of the portfolio companies
    In the course of its equity investment, and in particular before exercising its voting rights, SFI analyses the proposals and measures and will vote in favour of those that have a long-term and lasting positive impact on business development or a business model and will vote against measures that have a negative impact on the company. This includes social, ethical and environmentally relevant goals/aspects of corporate management. The fund management can take into account the recommendations of the proxy advisor Egan-Jones when voting.

    3.1 Management Board and Supervisory Board/ Board of Directors
    SFI attaches great importance to responsible management and control of the managed companies with a focus on long-term value creation. The composition, activities and remuneration of the Management Board and the Supervisory Board/Board of Directors should reflect this. This should be recognizable to shareholders through appropriate transparency.

    3.2 Election Critical factors in the election of the Management Board and the Supervisory Board/Board of Directors may be present for SFI in particular:
    If the qualifications of the candidates are not comprehensively demonstrated, if information on their career, their current full-time role and information on other mandates is incomplete. If an executive member holds more than three mandates or a non-executive member holds more than five mandates. If the independence of the shareholder representatives on the supervisory board/board of directors is not guaranteed. A member is not considered independent if he or she has already served in this function for more than 10 years or if the member has already been on the board of directors of the company.

    3.3 Approval of the actions of the Management Board and the Supervisory Board/Board of Directors Critical factors may be present:
    If the company does not have adequate measures in place to identify, prevent, manage and disclose conflicts of interest. If less than half of the shareholder representatives are independent. If legal regulations or internal company guidelines are not complied with. If there are clear and sustained violations of generally accepted socially responsible investment - or environmental, social, governance (ESG) - principles. If an executive member achieves consistently worse results relative to the industry and does not comply with transparency standards (e.g. publication of CVs of executive members).

    3.4 Corporate actions
    In principle, capital actions and share buybacks are in the interest of investors, provided that the company clearly justifies them and sets out the long-term strategy to be pursued with this capital measure. The planned capital increase should not exceed 40% of the share capital.

    3.5 Mergers and acquisitions
    Mergers and acquisitions should be in line with a sustainable corporate strategy. The purchase price offered should be appropriate and correspond to the long-term value of the company. If the offer price exceeds the respective market capitalization of the acquiring company by more than 30%, the approval of the shareholders should be obtained by a general meeting.

    3.6 Interests of shareholders
    The principle of equal treatment should apply to all shareholders, i.e. in particular the principle of "one share – one vote" should be observed. 3.7 Corporate Governance Code and ESG SFI attaches great importance to the social responsibility of its portfolio companies. That is why we attach great importance to good corporate governance in all companies. In addition, companies should have set their own ESG (environmental, social, governance) guidelines. If SFI takes a critical view of the portfolio company in terms of key ESG criteria, this is taken into account in the voting behavior.

    3.8 Appointment of the auditor
    The auditor's independence must be guaranteed on a permanent basis in the preparation and presentation of the annual financial statements; in addition, the auditor should be mentioned by name in the annual report and its remuneration should be appropriate. In principle, the auditor should not have been appointed for more than five years. Information on the duration of the appointment of the auditing firm and the responsible auditor must be disclosed on a permanent basis.

    4. Exchange of views with the company bodies and stakeholders
    SFI sees itself as a quantitative asset manager and therefore generally refrains from direct exchange with the company's corporate bodies and stakeholders, such as shareholders and employees, clients and suppliers. However, we reserve the right to communicate with them in certain cases in the interests of our investors.

    5. Cooperation with other shareholders
    SFI will exceptionally contact other shareholders of the respective portfolio companies; this is done either directly or through our interest group, the BVI. There is no coordination of behavior with regard to issuers. SFI does not see itself as an activist investor.

    6. Dealing with conflicts of interest in the exercise of voting rights
    SFI exercises the voting rights, both in Germany and abroad, for all euities held in the investment funds it manages independently of the interests of third parties and exclusively in the interests of the investors in the respective investment fund. SFI has established processes for identifying, reporting and managing conflicts of interest.

    7. Commitment
    As part of our engagement strategy, we are committed to exerting influence as an investor in line with our ESG policy and product-specific ESG strategies. Based on the quarterly ESG assessments, we determine which companies are entering into formal engagement processes with a view to the sustainability strategy. The engagement results are summarized in an annual engagement report.
    If no discernible improvement (in relation to the binding elements of the ESG strategy) is achieved within a defined participation period, the positions are sold within a defined period of time, depending on the mandate. The results of the participation policy are summarized in an annual engagement report. Siemens Fonds Invest GmbH reviews the next steps annually and adapts the binding elements of the ESG strategy if there is no reduction in the most important adverse effects over several reporting periods.

    Sustainability information

    Sustainability-related disclosure

    Statement on the main adverse impacts of investment decisions on sustainability factors
    Declaration of Siemens Fonds Invest GmbH / Version: 5.0 / Status: 27/06/2025 (available in German only)

    No consideration of adverse effects on sustainability factors when providing investment advice
    Negative statement by Siemens Fonds Invest GmbH as financial advisor / Version: 2.0 / Status: 29/09/2023 (available in German only)

    Version history and history of declarations (available in German only)

    Version 1.0 of the Statement on the Main Adverse Impacts of Investment Decisions on Sustainability Factors
    No longer valid - Version: 1.0 / Status: 15/12/2022

    Version 2.0 of the Statement on the Main Adverse Impacts of Investment Decisions on Sustainability Factors
    No longer valid - Version: 2.0 / Status: 28/06/2023

    Version 3.0 of the Statement on the Main Adverse Impacts of Investment Decisions on Sustainability Factors
    No longer valid - Version: 3.0 / as of 29/09/2023

    Version 3.1 of the Statement on the Principal Adverse Impacts of Investment Decisions on Sustainability Factors
    No longer valid - Version: 3.1 / as of 29/09/2023

    Version 4.0 of the Statement on the Principal Adverse Impacts of Investment Decisions on Sustainability Factors
    No longer valid - Version: 4.0 / as of 20/06/2024

    Version 1.0 No consideration of adverse impacts on sustainability factors in investment advice
    No longer valid - Version: 1.0 / Status: 28/06/2023

    ESG Policy (available in German only)

    Aktuelle Fassung (Stand: 02.09.2025)
    Versionsverlauf

    Remuneration

    (As of: 20/10/2025)
    Principles of the Remuneration Policy As a capital management company, Siemens Fonds Invest GmbH is obliged under Section 37 (1) of the German Capital Investment Code (Kapitalanlagegesetzbuch, KAGB) to define and apply a compensation system with regard to certain employee groups. The requirements for the remuneration system are defined in more detail in Annex II of Directive 2011/61/EU (AIFMD) and in Articles 14a (2) and 14b (1), (3) and (4) of Directive 2009/65/EC (UCITS Directive). Furthermore, the ESMA guidelines for sound remuneration policies must be taken into account, taking into account the AIFMD and the UCITS Directive.

    Basic Principles and Remuneration Policy The remuneration structure and incentive systems are designed to promote sustainable and value-oriented action. The remuneration policy of Siemens Fonds Invest GmbH is in line with the business strategy, the objectives, values and interests of the company as well as the investment funds it manages and its investors, and also includes measures to avoid conflicts of interest. The remuneration principles are consistent with and promote sound and effective risk management, including sustainability risks; they do not encourage the assumption of risks that are incompatible with the risk profiles, investment conditions or articles of association of the investment funds managed by Siemens Fonds Invest GmbH as well as with the values and interests of the Company. Siemens Fonds Invest GmbH summarizes the basic principles and general principles of its compensation policy in a compensation guideline. The basic principles serve as guidelines for the design of the remuneration system as a whole as well as for determining remuneration for individual employee groups. An annual review of the remuneration policy is carried out with regard to its effectiveness, appropriateness and compliance with legal and regulatory requirements.

    Remuneration system The compensation system of Siemens Fonds Invest GmbH is based on its compensation principles and guidelines adopted by Siemens AG, and also takes into account legal and regulatory requirements. Due to the application of the principle of proportionality, Siemens Fonds Invest GmbH currently does not have a remuneration committee. The remuneration committee is replaced by an income round table. This round table consists of of the managing directors, the respective department heads of Siemens Fonds Invest GmbH, the Chairman of the Supervisory Board and a representative of the Human Resources Department. The members of the round table meet once a year chaired by the chairman of the Supervisory Board; the round table serves as an integral part of the annual personnel process to evaluate the performance, remuneration and development of the respective employee. The Chairman of the Supervisory Board also has the ultimate decision-making power.

    The remuneration of the management board members is determined by the supervisory board.

    The remuneration includes fixed and variable remuneration elements. Variable remuneration refers to both individual goals, i.e. goals related to the respective employee, and financial corporate goals. The goals for the respective fiscal year are set in an individual, written target agreement with the employee concerned. With regard to the specific remuneration structure, a distinction must be made between different groups of employees. Depending on the group of employees, the main components of remuneration are a monthly basic salary as well as an annual variable remuneration granted. The amount of the monthly basic salary is typically determined by the function the employee holds and an assessment of its previous performance, The variable remuneration consists of one or two performance-related income components, for each of which an individual basic amount is determined. The variable income components are based on both corporate and individual goals. In addition, performance-oriented Stock Awards of Siemens AG, the allocation of which is based on the performance of the respective employee, represent a long-term variable compensation element for the members of the management board and for certain senior employees. Furthermore, there is a long-term perennial bonus for members of the management board. The "Long Term Bonus" is determined after the end of a three-year period from the average of the individual percentage of total target achievement over the last three years. In this way, long-term performance measurement is ensured by multi-year targets as well as by deferred portions of variable remuneration. Overall, the fixed and variable remuneration components are in an appropriate proportion to each other. Target values for the ratio between fixed and variable remuneration are set for all employee groups, which ensures that there is no dependency and the necessary flexibility with regard to variable remuneration.

    In the case of employees with control functions, the variable remuneration elements are not directly linked to the business success of individual areas monitored by the control function in order to avoid conflicts of interest. Rather, the objectives to be achieved in connection with variable remuneration relate to the performance of the tasks incumbent on the employees concerned within the control function. Finally, employees receive certain contributions to the company pension scheme linked to the respective tariff or contract group as well as the function level. In addition, employees of all contract groups receive the usual social and fringe benefits.

    You are welcome to contact our client service, who will provide you with this document free of charge in paper form on request.

    Order acceptance deadlines

    What are the order acceptance deadlines for the funds of Siemens Fonds Invest GmbH? Siemens Fonds Invest GmbH takes into account the principle of equal investor treatment by ensuring that no investor can gain an advantage by buying or selling fund units at already known values. Siemens Fonds Invest GmbH has therefore set an order acceptance deadline by which orders for the issuance or redemption of units must be received by the custodian bank (order acceptance deadline, cut-off time).

    The deadline for placing orders with the custodian bank of the UCITS retail funds of Siemens Fonds Invest GmbH, HAUCK AUFHÄUSER LAMPE PRIVATBANK AG, Frankfurt am Main, ends at 2:00 p.m., Frankfurt am Main local time, on issue and redemption days. Orders received by the custodian bank prior to the order acceptance deadline of 2:00 p.m. will be executed at the price/unit value valid for that issue or redemption date. The settlement of the orders and the determination of the prices/unit values takes place on the following valuation day.

    Orders received by the custodian bank after the order acceptance deadline at 2:00 p.m. will be settled at the price/unit value valid for the next issue or redemption day. When placing orders (orders) by investors with their respective custodian bank, the applicable order acceptance deadlines must be taken into account. You can obtain more information on this from your custodian bank.

    Dealing with conflicts of interest

    The handling of conflicts of interest is regulated in the prospectus of the respective fund. We will be happy to provide the content on request.

    Avoidance of high transaction costs

    How does Siemens Fonds Invest GmbH avoid excessive transaction costs in its investment funds? Since transaction costs weigh on the performance of the investment assets under management, Siemens Fonds Invest GmbH, which acts in the sole interest of the investor, strives to stringently adjust the turnover frequency and the associated transaction costs to the market situation. In addition, Siemens Fonds Invest GmbH has defined a (target) portfolio turnover rate for each managed retail fund that reflects the respective investment policy. The company invests in liquid, exchange-traded assets that could be sold on trading days at fair market conditions. Among other things, this is intended to ensure that units in the investment funds can be redeemed at any time without disadvantaging existing investors.

    Avoidance of time zone arbitrage

    What measures does Siemens Fonds Invest GmbH take to prevent time zone arbitrage with investment units? In order to counteract speculation with investment units that are particularly dependent on market developments in other time zones (market timing), Siemens Fonds Invest GmbH has taken the following measures: The cut-off times for orders at the custodian bank has been set at 2:00 p.m. (Please note that orders must be received earlier by your custodian bank for this. Please inquire individually about the specific cut-off times.). The unit price for the respective investment funds will be determined after 2:00 p.m.

    Other legal topics

    Complaints

    How can complaints be filed?

    Your satisfaction is very important to us. If we do not meet your expectations, please let our investment team know: Siemens Fonds Invest GmbH Otto-Hahn-Ring 6 D-81739 Munich Phone: + 49 (0)89 7805-1067 Fax: 089 7805-1060 E-mail: vermoegensanlagen@siemens.com After receipt of your request or complaint, you will receive an acknowledgement of receipt. You may be asked for additional information. The management of Siemens Fonds Invest GmbH will ensure that your request/complaint is processed as soon as possible after receiving all necessary information. If we are unable to resolve your request directly, you will receive a notification regarding your contact person and the expected processing time.

    FWW FundStars®

    Use of the FWW FundStars®

    We use the FWW FundStars® ranking system of FWW Fundservices GmbH, Haar near Munich. The information contained herein is protected by copyright for FWW Fundservices GmbH and/or its content providers and may not be reproduced or distributed. The number of FWW FundStars® calculated with the help of a special calculation methodology by FWW Fundservices GmbH, Haar near Munich, does not constitute a recommendation to buy, sell or hold and is not intended for investment advice. FWW Fundservices GmbH assumes no liability for the correctness of the calculation on which FWW FundStars® is based. With the calculation of the FWW FundStars, FWW Fundservices® GmbH does not make any statement about the future performance of a fund product. The assessment of the future opportunities and risks of an investment fund is entirely up to the user or his or her investment or investment advisor. The following document gives you an overview of the calculation methodology of the FWW FundStars.® For more information, please go to www.fww.de.

    FWW FundStars® Calculation Methodology

    MSCI Inc.

    Disclaimer License Agreement MSCI Inc. (Siemens Global Equities) THIS FUND IS NOT SPONSORED, ENDORSED, SOLD OR PROMOTED BY MSCI INC. ("MSCI"), ANY OF ITS AFFILIATES, ANY OF ITS INFORMATION PROVIDERS OR ANY OTHER THIRD PARTY INVOLVED IN, OR RELATED TO, COMPILING, COMPUTING OR CREATING ANY MSCI INDEX (COLLECTIVELY, THE "MSCI PARTIES"). THE MSCI INDEXES ARE THE EXCLUSIVE PROPERTY OF MSCI. MSCI AND THE MSCI INDEX NAMES ARE SERVICE MARK(S) OF MSCI OR ITS AFFILIATES AND HAVE BEEN LICENSED FOR USE FOR CERTAIN PURPOSES BY SIEMENS FONDS INVEST GMBH. NONE OF THE MSCI PARTIES MAKES ANY REPRESENTATION OR WARRANTY, EXPRESS OR IMPLIED, TO THE ISSUER OR OWNERS OF THIS FUND OR ANY OTHER PERSON OR ENTITY REGARDING THE ADVISABILITY OF INVESTING IN FUNDS GENERALLY OR IN THIS FUND PARTICULARLY OR THE ABILITY OF ANY MSCI INDEX TO TRACK CORRESPONDING STOCK MARKET PERFORMANCE. MSCI OR ITS AFFILIATES ARE THE LICENSORS OF CERTAIN TRADEMARKS, SERVICE MARKS AND TRADE NAMES AND OF THE MSCI INDEXES WHICH ARE DETERMINED, COMPOSED AND CALCULATED BY MSCI WITHOUT REGARD TO THIS FUND OR THE ISSUER OR OWNERS OF THIS FUND OR ANY OTHER PERSON OR ENTITY. NONE OF THE MSCI PARTIES HAS ANY OBLIGATION TO TAKE THE NEEDS OF THE ISSUER OR OWNERS OF THIS FUND OR ANY OTHER PERSON OR ENTITY INTO CONSIDERATION IN DETERMINING, COMPOSING OR CALCULATING THE MSCI INDEXES. NONE OF THE MSCI PARTIES IS RESPONSIBLE FOR OR HAS PARTICIPATED IN THE DETERMINATION OF THE TIMING OF, PRICES AT, OR QUANTITIES OF THIS FUND TO BE ISSUED OR IN THE DETERMINATION OR CALCULATION OF THE EQUATION BY OR THE CONSIDERATION INTO WHICH THIS FUND IS REDEEMABLE. FURTHER, NONE OF THE MSCI PARTIES HAS ANY OBLIGATION OR LIABILITY TO THE ISSUER OR OWNERS OF THIS FUND OR ANY OTHER PERSON OR ENTITY IN CONNECTION WITH THE ADMINISTRATION, MARKETING OR OFFERING OF THIS FUND. ALTHOUGH MSCI SHALL OBTAIN INFORMATION FOR INCLUSION IN OR FOR USE IN THE CALCULATION OF THE MSCI INDEXES FROM SOURCES THAT MSCI CONSIDERS RELIABLE, NONE OF THE MSCI PARTIES WARRANTS OR GUARANTEES THE ORIGINALITY, ACCURACY AND/OR THE COMPLETENESS OF ANY MSCI INDEX OR ANY DATA INCLUDED THEREIN. NONE OF THE MSCI PARTIES MAKES ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY THE ISSUER OF THE FUND, OWNERS OF THE FUND, OR ANY OTHER PERSON OR ENTITY, FROM THE USE OF ANY MSCI INDEX OR ANY DATA INCLUDED THEREIN. NONE OF THE MSCI PARTIES SHALL HAVE ANY LIABILITY FOR ANY ERRORS, OMISSIONS OR INTERRUPTIONS OF OR IN CONNECTION WITH ANY MSCI INDEX OR ANY DATA INCLUDED THEREIN. FURTHER, NONE OF THE MSCI PARTIES MAKES ANY EXPRESS OR IMPLIED WARRANTIES OF ANY KIND, AND THE MSCI PARTIES HEREBY EXPRESSLY DISCLAIM ALL WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, WITH RESPECT TO EACH MSCI INDEX AND ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL ANY OF THE MSCI PARTIES HAVE ANY LIABILITY FOR ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL OR ANY OTHER DAMAGES (INCLUDING LOST PROFITS) EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

    Ombudsman's Office: more information

    Dispute settlement

    If we are unable to find a satisfactory solution within the framework of our complaint management, our clients can contact the Ombudsman's Office for Investment Funds of the BVI Federal Association of Investment and Asset Management e.V. with their concerns. Siemens Fonds Invest GmbH participates in dispute resolution proceedings before this arbitration board.

    The contact details of the BVI Investment Fund Ombudsman's Office are:
    Office of the Ombudsman's Office
    BVI Bundesverband Investment und Asset Management e.V. (BVI German Investment Funds Association)
    Unter den Linden 42 10117 Berlin
    Phone: +49 (0)30 6449046-0
    Fax: +49(0)30 6449046-29
    E-mail: info@ombudsstelle-investmentfonds.de
    www.ombudsstelle-investmentfonds.de

    U.S. persons

    Additional notice for U.S. persons

    The information and investment funds presented on this website are not intended for distribution in the United States of America or for US persons (this includes persons who are nationals of or domiciled in the United States of America, partnerships or corporations established under the laws of the United States of America or a state, territory or possession of the United States of America). Accordingly, units in the investment funds referred to herein will not be offered or sold in the United States of America or to U.S. persons or persons acting on their behalf. Subsequent transfers of investment fund units to the United States of America or to US persons are not permitted.