Environmental, social and governance (“ESG”) and Sustainable investing and criteria employed may be subjective in nature. The considerations assessed as part of ESG and Sustainable processes may vary across types of investments and issuers and not every factor may be identified or considered for all investments. Information used to evaluate such components may vary across providers and issuers as these criteria are not uniformly defined characteristics. This investment approach may forego market opportunities available to strategies which do not utilize such criteria. There is no guarantee the criteria and techniques employed will be successful.

Any projections or forward-looking statements regarding future events or the financial performance of countries, markets and/or investments are based on a variety of estimates and assumptions. Such information should not be regarded as an indication that Vontobel considers these forecasts to be reliable predictors of future events and they should not be relied upon as such. Actual events or results may differ materially and, as such, undue reliance should not be placed on such forward-looking information.

Vontobel reserves the right to make changes and corrections to the information provided herein at any time, without notice. Any unauthorized disclosure, use or dissemination, either whole or partial, of this document is prohibited and this document is not to be reproduced, copied, made available to others.