For use by professional clients and/or equivalent
investor types in your jurisdiction (not to be used with or passed on to
retail clients). For marketing purposes.
This document is intended for informational purposes only and should
not be considered representative of any particular investment. This
should not be considered an offer or solicitation to buy or sell any
securities or other financial instruments, or to provide investment
advice or services. Investing involves risk including the risk of loss
of principal. Your capital is at risk. Market risk may affect a single
issuer, sector of the economy, industry or the market as a whole. The
value of investments is not guaranteed, and therefore an investor may
not get back the amount invested. International investing involves
certain risks and volatility due to potential political, economic or
currency fluctuations and different financial and accounting standards.
The securities included herein are for illustrative purposes only,
subject to change and should not be construed as a recommendation to buy
or sell. Securities discussed may or may not prove profitable. The
views expressed are as of the date given, may change as market or other
conditions change and may differ from views expressed by other Columbia
Threadneedle Investments (Columbia Threadneedle) associates or
affiliates. Actual investments or investment decisions made by Columbia
Threadneedle and its affiliates, whether for its own account or on
behalf of clients, may not necessarily reflect the views expressed. This
information is not intended to provide investment advice and does not
take into consideration individual investor circumstances. Investment
decisions should always be made based on an investor’s specific
financial needs, objectives, goals, time horizon and risk tolerance.
Asset classes described may not be suitable for all investors. Past
performance does not guarantee future results, and no forecast should be
considered a guarantee either. Information and opinions provided by
third parties have been obtained from sources believed to be reliable,
but accuracy and completeness cannot be guaranteed. This document and
its contents have not been reviewed by any regulatory authority.
In Australia: Issued by Threadneedle Investments
Singapore (Pte.) Limited [“TIS”], ARBN 600 027 414. TIS is exempt from
the requirement to hold an Australian financial services licence under
the Corporations Act 2001 (Cth) and relies on Class Order 03/1102 in
respect of the financial services it provides to wholesale clients in
Australia. This document should only be distributed in Australia to
“wholesale clients” as defined in Section 761G of the Corporations Act.
TIS is regulated in Singapore (Registration number: 201101559W) by the
Monetary Authority of Singapore under the Securities and Futures Act
(Chapter 289), which differ from Australian laws.
In Singapore: Issued by Threadneedle Investments
Singapore (Pte.) Limited, 3 Killiney Road, #07-07, Winsland House 1,
Singapore 239519, which is regulated in Singapore by the Monetary
Authority of Singapore under the Securities and Futures Act (Chapter
289). Registration number: 201101559W. This advertisement has not been
reviewed by the Monetary Authority of Singapore.
In Hong Kong: Issued by Threadneedle Portfolio
Services Hong Kong Limited 天利投資管理香港有限公司. Unit 3004, Two Exchange Square,
8 Connaught Place, Hong Kong, which is licensed by the Securities and
Futures Commission (“SFC”) to conduct Type 1 regulated activities
(CE:AQA779). Registered in Hong Kong under the Companies Ordinance
(Chapter 622), No. 1173058.
In Japan: Issued by Columbia Threadneedle
Investments Japan Co., Ltd. Financial Instruments Business Operator, The
Director-General of Kanto Local Finance Bureau (FIBO) No.3281, and a
member of Japan Investment Advisers Association and Type II Financial
Instruments Firms Association.
In the UK: Issued by Threadneedle Asset Management
Limited, No. 573204 and/or Columbia Threadneedle Management Limited, No.
517895, both registered in England and Wales and authorised and
regulated in the UK by the Financial Conduct Authority.
In the EEA: Issued by Threadneedle Management
Luxembourg S.A., registered with the Registre de Commerce et des
Sociétés (Luxembourg), No. B 110242 and/or Columbia Threadneedle
Netherlands B.V., regulated by the Dutch Authority for the Financial
Markets (AFM), registered No. 08068841.
In Switzerland: Issued by Threadneedle Portfolio
Services AG, an unregulated Swiss firm or Columbia Threadneedle
Management (Swiss) GmbH, acting as representative office of Columbia
Threadneedle Management Limited, authorised and regulated by the Swiss
Financial Market Supervisory Authority (FINMA).
In the Middle East: This document is distributed by
Columbia Threadneedle Investments (ME) Limited, which is regulated by
the Dubai Financial Services Authority (DFSA). For Distributors: This
document is intended to provide distributors with information about
Group products and services and is not for further distribution. For
Institutional Clients: The information in this document is not intended
as financial
advice and is only intended for persons with appropriate investment
knowledge and who meet the regulatory criteria to be classified as a
Professional Client or Market Counterparties and no other Person should
act upon it.
This document may be made available to you by an affiliated company
which is part of the Columbia Threadneedle Investments group of
companies: Columbia Threadneedle Management Limited in the UK; Columbia
Threadneedle Netherlands B.V., regulated by the Dutch Authority for the
Financial Markets (AFM), registered No. 08068841.
Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies.