*Total return for calendar year (from January 1st to December 31st).

Legal notice: A complete report of each Pension Plan is available on the website with information concerning, among others, historical returns obtained prior to a substantial change in the investment policy of the IIC, series of annualized historical returns, detail of the risks associated with the investment in IIC, etc. Pension Plans involve certain risks (market, credit, liquidity, currency, interest rate, etc.), detailed all of them in the Prospectus and in the Key Investor Information (KII) document. The nature and scope of the risks will depend on the type and particular features of the fund, the currency, and the assets in which the equity is invested. Consequently, the choice among different types of funds should be made considering the return expectations and investment time horizon as well as the willingness and ability to take risks of the investor. The management company may, on behalf of the Pension Fund, conduct related transactions as set out in Articles 85 ter of the Pension Plans and Funds Regulation. For that purpose, the managing body has set out in its Internal regulations of Conduct, the adoption of procedures to avoid conflicts of interest and ensure that related transactions, if any, are carried out for the exclusive benefit of the Pension Funds managed and at prices or on terms equal to or better than those on the market.

The information contained on the website is for information purposes only and does not constitute an offer of products and services, nor a recommendation or offer to buy or sell securities or any other investment product, nor a contractual component. Nor does it imply legal, fiscal, or other advice and its content should not serve the user to make decisions or make investments. Pension Plans can be high-risk products, not suitable for all clients. Therefore, they do not intend to persuade the user to inappropriate operations by making services or access available to operations and markets that do not match to the user’s risk profile. Past performance is no guarantee of future results. Taxation of yields obtained by unitholders shall depend on the tax legislation applicable to their personal situation and may vary in the future.