Global Real Estate Fund

*) In comparison to previous price
**) Year to date performance

DISCLAIMER
Nordea investment funds are managed using modern portfolio strategies and different selection approaches by Nordea fixed income team in Denmark, Nordea equity team in Sweden, Nordea Private banking in Luxembourg or externally selected professional Asset Management Companies abroad. The Group Companies are supervised by the Financial Supervisory Authority of their respective home countries. The net asset values are intended for background information only and for the sole use of the intended investor. The views and other information provided in promotion material is the current views of Fund manager as of the publishing date and are subject to change without notice. This notice is not an exhaustive description of the described product or the risks related to it, and it should not be relied on as such, nor is it a substitute for the judgement of the investor. All published information about investments is not intended as a personal recommendation of particular financial instruments or strategies and thus it does not provide individually tailored investment advice, and does not take into account investor's particular finan¬cial situation, existing holdings or liabilities, investment knowledge and experience, investment purpose and horizon or risk profile or preferences. Relevant and specific professional advice should always be obtained before making any investment or credit decision. It is important to note that past performance is not indicative of future results. Bank is not and does not purport to be an adviser as to legal, taxation, accounting or regulatory matters in any jurisdiction. This information may not be reproduced, distributed or published for any purpose without the prior written consent from the Bank.

Past performance is no indication of current or future performance.