Pursuant to Article 6 b (3) of Directive 2001/107/EC and Section 13(3) InvG, you are hereby advised that, in accordance with Section 13(4) sentence 3 InvG, the statutory provisions set out in Sections 9(2), 9(4) and 9(5) InvG, as well as the provisions of Section 37, Section 44(1), Section 44c and Section 49 of the Banking Act (Gesetz über das Kreditwesen – KWG) and the provisions of Sections 31 to 33(1) no. 1, Sections 34b to 36a as well as Sections 37d to 37g of the Securities Trading Act (Wertpapierhandelsgesetz –WpHG) must be observed in the interests of the general good in the host Member State, i.e. Germany (see enclosure).

This does not affect the relevant provisions of the Investment Act (Investmentgesetz – InvG) governing the distribution/marketing of foreign investment units; these provisions shall apply in their entirety (cf. Division 3 InvG).