This document does not represent an investment recommendation under Regulation (EU) No. 596/2014 of the European Parliament and of the Council on market abuse. Moreover, it does not constitute investment consulting services pursuant to Act No. 256/2004 Coll., on Capital market undertakings, as amended. The information herein is not intended to be an offer to buy or sell any investment instruments or any other solicitation or invitation to buy or sell such instruments.
By law, Komerční banka, a. s. shall not provide legal or tax advisory services. Before any investment, clients should perform their own risk analysis in terms of legal, tax, and accounting consequences, without exclusively relying on the information provided herein; moreover, clients are advised to consult their tax or other advisors.
Komerční banka, a. s. does not assume any liability for damage incurred as a result of relying on this document or information included herein in excess of any liability foreseen by the applicable legislation. Each investor shall adopt their own informed decision regarding the investment suitability, as the investment instrument specified herein may not be suitable for all investors.
Past performance of investment instruments is not necessarily indicative of future performance. Expected future performance depends on premises that may not materialise. Investment instruments and investments are associated with different investment risks, whereas investments may fluctuate in value and even the initially invested amount may not be fully recovered. Furthermore, investment instruments denominated in other foreign currencies are also exposed to risks arising from changes in foreign exchange rates, with potential positive or negative impact on investment instrument prices and consequently the investment returns.
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