Disclosure regarding information content

On its web pages, Gutmann Kapitalanlageaktiengesellschaft (Gutmann KAG) provides information and data which have been prepared, collected and regularly updated with the greatest possible care. Gutmann KAG reserves the right to change or amend the contents made available at any time.

General information for investors

The contents of the Gutmann KAG web pages are provided exclusively for the purposes of information. They do not constitute legal or investment advice or an offer or a recommendation to buy or sell securities, and they do not serve to replace individual investment or other advice. Investment decisions must be individually aligned to the investor’s personal circumstances and should only be taken on the basis of expert explanation and advice.
Information about past investment performance does not permit conclusions about the future performance of an investment fund or portfolio. Performance data for investment funds are calculated using the Oesterreichische Kontrollbank’s (OeKB) methods. Subscription and redemption fees are not reflected in performance calculations.
Forecasts are not a reliable indicator of future performance.
Key investor information (key investor information document, KIID) pursuant to Section 134 InvFG (Austrian Investment Fund Act) as well as the published prospectuses pursuant to Section 131 InvFG and investor information pursuant to Section 21 AIFMG (The Alternative Investment Fund Manager Act), as amended, are available upon request in German, free of charge, at Gutmann KAG and Bank Gutmann AG, both at Schwarzenbergplatz 16, 1010 Vienna, Austria as well as at www.gutmannfonds.at.
The tax treatment of an investment fund depends on each client's personal circumstances and may change in the future. If questions arise in this regard, it is recommended that clients consult a tax expert.

Access restrictions

The securities and services presented on the website of Gutmann KAG are intended solely for investors not subject to legal selling or buying restrictions. In certain circumstances, it may be illegal for persons resident in certain countries or for certain categories of investors to purchase the securities and services presented on the web pages of Gutmann KAG. Specifically, the investment funds named on these web pages have not been registered under US law. Investment fund shares are hence intended neither for sale in the US nor for sale to any US person (or persons being permanently resident in the US) except pursuant to an exemption that may be provided under applicable US laws.


The content and structure of Gutmann KAG’s website are protected by copyright. Use of the content, in particular, downloading and copying, or other reproduction, dissemination or provision of texts, parts of texts, or pictorial material requires prior approval by Gutmann KAG. The information and data provided on the Gutmann KAG web pages may be the intellectual property of third parties or, more particularly, of their producers or suppliers, whose property rights must therefore be respected.
All photographs were specially taken for the Gutmann Group by Ingo Pertramer and Pez Hejduk.

Liability disclaimer

Gutmann KAG will use its best endeavours to provide reliable translations of its web pages, but can accept no liability whatsoever for the correctness of these translations.
Gutmann KAG cannot assume any liability whatsoever for the currency, correctness, completeness or continuing availability of the contents made available on its web pages or the accuracy of projections made. Under no circumstances can Gutmann KAG accept liability for any losses or damages whatsoever (including consequential or indirect damages or losses of profits) which may arise in connection with accessing the web pages of Gutmann KAG, with opening, using or viewing their content or with the unavailability of the web pages of Gutmann KAG. This also applies to other web pages which may be hyperlinked on Gutmann KAG web pages.