# What are the risks and what could I get in return?
## Risk Indicator
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because it consists of growth securities, which is aligned with the investment manager's focus on growth securities in managing the Fund. The performance of the S&P 500 Index may also be provided because it is considered a proxy for the US equity market. While the Investment manager is unconstrained in the active management of the Fund and has absolute discretion to invest in companies not included in the benchmarks, the Fund's performance may, from time to time, present close similarities to these benchmarks.

## Share Class Policy

## The income received from the Fund's investments is accumulated with the result of increasing the value of the shares.

## Processing of subscription and redemption orders

## You may request the sale of your shares on any Luxembourg business day.

## Intended retail Investor
The Fund may appeal to investors looking to capital appreciation by obtaining exposure to equity securities of companies demonstrating strong growth potential primarily located in the U.S. and willing to hold their investment over the medium to long term for a minimum period of 3 to 5 years. The Fund is suitable for investors who do not need to have specific knowledge and/or experience of financial markets with the understanding that they may not get back the full amount invested in the Fund.

## Depositary

## J.P. Morgan SE, Luxembourg Branch

## Further Information

## Please refer to the 'Other relevant information' section below.

## The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets.

## We have classified this product as 5 out of 7, which is a medium-high risk class. Due to the nature of the Fund's investments, the Fund's performance can fluctuate considerably over time.
Be aware of currency risk. You will receive payments in a different currency, so the final return you will get depend on the exchange rate between the two currencies. This risk is not considered in the indicator shown above.

## Other risks materially relevant to the PRIIP not included in the summary risk indicator:
- Liquidity riskFor a full discussion of all the risks applicable to this Fund, please refer to the "Risk Considerations" section of the current prospectus of the Fund.


## This product does not include any protection from future market performance so you could lose some or all of your investment.

Translation (ENDE, 2023-02-21):
# Welche Risiken bestehen und was könnte ich im Gegenzug dafür bekommen?
## Risikoindikator
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## Der Gesamtrisikoindikator hilft Ihnen, das mit diesem Produkt verbundene Risiko im Vergleich zu anderen Produkten einzuschätzen. Er zeigt, wie

## hoch die Wahrscheinlichkeit ist, dass Sie bei diesem Produkt Geld verlieren, weil sich die Märkte in einer bestimmten Weise entwickeln.
Wir haben dieses Produkt auf einer Skala von 1 bis 7 mit 5 eingestuft, was einer mittleren bis hohen Risikoklasse entspricht. Aufgrund der Art seiner Anlagen kann die Wertentwicklung des Fonds im Laufe der Zeit deutlich schwanken.
Bedenken Sie das Währungsrisiko. Sie erhalten Zahlungen in einer anderen Währung, sodass die endgültige Rendite, die Sie erhalten, vom Wechselkurs zwischen den beiden Währungen abhängt. Dieses Risiko wird in dem oben dargestellten Indikator nicht berücksichtigt.

## Weitere wesentliche Risiken für das PRIIP, die nicht vom Gesamtrisikoindikator erfasst werden:
- LiquiditätsrisikoUmfassende Informationen über alle für den vorliegenden Fonds geltenden Risiken finden Sie im Abschnitt „Risikoabwägungen“ des aktuellen Fondsprospekts.


## Dieses Produkt beinhaltet keinen Schutz vor der zukünftigen Marktentwicklung, sodass Sie Ihre Anlage ganz oder teilweise verlieren können.