The relentless march of technological change creates new risks to the safety and security of individuals, businesses and governments. Yet, where new threats emerge to this basic need, new steps are taken to mitigate them. This ever-growing demand for greater safety and security in all aspect of our lives – from data protection and secure payment to airport security and safe transport – therefore represents a large, diversified and differentiated investment opportunity within the thematic investment universe.  
There are good stories in every part of the safety value chain. The theme isn’t only about cyber security, it's also about automotive safety, food safety and personal safety. We can find excellent investment opportunities in almost every corner of the economy.

Fund risks: The Fund invests primarily in company shares (stocks). Equity investments may experience large price fluctuations. The Fund is subject to specific risks, including stock connect risk and geographic concentration risk. An investor’s capital will be at risk; you may get back less than you invested.
Please refer to the full prospectus for additional details on risks.

Stock Connect risk: The Fund may invest in China "A" shares via the Shanghai-Hong Kong Stock Connect and/or Shenzhen-Hong Kong Stock Connect programs which are subject to additional clearing and settlement constraints, potential regulatory changes as well as operational and counterparty risks.

Geographic concentration risk: Funds that concentrate investments in certain geographic regions may suffer losses, particularly when the economies of those regions experience difficulties or when investing in those regions become less attractive. Moreover, the markets in which the funds invest may be significantly affected by adverse political, economic or regulatory developments.

Sustainable investing focuses on investments in companies that relate to certain sustainable development themes and demonstrate adherence to environmental, social and governance (ESG) practices; therefore the universe of investments may be limited and investors may not be able to take advantage of the same opportunities or market trends as investors that do not use such criteria. This could have a negative impact on an investor's overall performance depending on whether such investments are in or out of favor.

This material is provided for informational purposes only and should not be construed as investment advice. There can be no assurance that developments will transpire as forecasted. Actual results may vary. The views and opinions expressed are as of August 13, 2019 and may change based on market and other conditions. All investing involves risk, including the risk of loss.


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