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The information and opinions contained in this document have been obtained from public sources believed to be reliable, but no representation or warranty, express or implied, is made that such information is accurate or complete and it should not be relied upon as such. This document does not constitute a prospectus or other offering document or an offer or solicitation to buy any securities or other investment. No BNP Paribas Group Company accepts any liability whatsoever for any direct or consequential loss arising from any use of material contained in this document. All estimates and opinions included in this document constitute our judgements as of the date of this document. BNP Paribas does not guarantee the accuracy or completeness of this analysis or the calculation methods, any errors or omissions in computing or disseminating this analysis, and for any use you make of it. The analysis has been prepared in good faith by BNP Paribas in accordance with BNP Paribas’ own internal models and calculation methods and is for your information only. Analysis based on different models or assumptions may yield different results. Numerous factors may affect the analysis, which may or may not be taken into account. Therefore, this analysis may vary significantly from analysis obtained from other sources or market participants. This document contains Index performance data based on back-testing, i.e., calculations of the performance of the Index prior to launch if it had existed, using the same current Index methodology and based on the initial constituents of the Index. Back-testing performance information is purely hypothetical, is provided in this document solely for informational purposes, does not represent actual performance and should not be interpreted as an indication of actual or future performance.
The financial instrument is not sponsored, promoted, sold or supported in any other manner by boerse-stuttgart AG and BNP Paribas ("Licensors") nor do the Licensors offer any express or implicit guarantee or assurance either with regard to the results of using the stock exchange index and/or stock exchange index trade mark or the stock exchange index price at any time or in any other respect. The stock exchange index is calculated and published by the Licensors. The Licensors make best effort to ensure that the stock exchange index is calculated correctly. Irrespective of their obligations towards the Issuer, the Licensors have no obligation to point out errors in the stock exchange index to third parties including but not limited to investors and/or financial intermediaries of the financial instrument. Neither publication of the stock exchange index by the Licensors nor the licensing of the stock exchange index or stock exchange index trade mark for the purpose of use in connection with the financial instrument constitutes a recommendation by the Licensors to invest capital in said financial instrument nor does it in any way represent an assurance or opinion of the Licensors with regard to any investment in this financial instrument. The Licensors, who are the legal owners of rights in the stock exchange index and the stock exchange index trade mark, have only authorised the issuer of the financial instrument to use and to refer to the stock exchange index and the stock exchange index trade mark in connection with the financial instrument. |
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