MARKETING INFORMATION This is a marketing information. Please read the prospectus and the key information document, which must be made available to every investor before making a final investment decision.
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This is a marketing communication. Please refer to the current sales prospectus and to the Key Information Document, before making any final investment decisions.

This information constitutes neither an offer nor a solicitation to buy shares of any investment funds. Comprehensive information regarding opportunities and risks can be found in the current sales prospectus. Any investment application will be made solely on the basis of the information contained in the Key Information Document, the sales prospectus for that fund including all the terms of contract, the management regulation and the investment conditions, the most recently published and audited annual report and the last unaudited semi-annual report, which can be obtained in German from Sauren Fonds-Service AG, P.O. Box 10 28 54, 50468 Cologne, Germany (or online at www.sauren.de) and the custodian IPConcept (Luxemburg) S.A., société anonyme (or online at www.ipconcept.com) or - for Sauren Dynamic Absolute Return - from the Investment Management Company HANSAINVEST (www.hansainvest.de), free of charge. The management company can decide to de-notify the arrangements made for the marketing of the funds pursuant to Article 93a of Directive 2009/65/EC and Article 32a of Directive 2011/61/EU. Further information on investor rights is available in German on the website of the management company IPConcept (Luxemburg) S.A. (https://www.ipconcept.com/ipc/de/anlegerinformation.html) or - for the Sauren Dynamic Absolute Return - from the capital management company HANSAINVEST (https://www.hansainvest.de/de/unternehmen/compliance/compliance-details/zusammenfassung-der-anlegerrechte). The tax treatment depends on the individual circumstances of each investor. In particular, the recipient is advised, if necessary with the assistance of an advisor, to check the information with regard to its compatibility with his own personal circumstances, legal, regulatory, tax and other consequences. No assurance can be given that the investment objectives will be achieved. This advertising communication is directed exclusively at interested parties in countries in which the funds mentioned are authorized for public distribution.

Source: Sauren Fonds-Finanzdienstleistungen GmbH & Co. KG