1 The annual distribution is a target and there is no guarantee that it will be achieved. The distribution target is 5%. The distribution of 5% is not guaranteed. If the performance of the fund is below 5% either the NAV of the fund might be reduced to keep the payout at 5% or the payout reduced accordingly.
Target returns are based on historical data, they are not a projection, prediction or guarantee of future performance, and there is no certainty that the target returns will be reached.
The tax treatment depends on the individual circumstances of each client and may therefore vary. Credit Suisse does not provide tax advice and tax implications have not been taken into consideration when calculating the returns.
Source: Credit Suisse, unless otherwise specified.
This material has been prepared by the International Wealth Management division of Credit Suisse AG (“Credit Suisse”) and not by Credit Suisse's Research Department. It is intended only to provide observations and views of the said individual International Wealth Management personnel. Observations and views of the individual International Wealth Management personnel may be different from, or inconsistent with, the observations and views of Credit Suisse analysts or other International Wealth Management personnel, or the proprietary positions of Credit Suisse.
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