Vanguard LifeStrategy 20% Equity UCITS ETF Distributing ISIN IE00BMVB5L14, Ticker VNGD20

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1. General

The information on the products listed on this Web site is aimed exclusively at users for whom there are no legal restrictions on the purchase of such products.

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1. Suitability of investing in the fund

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1. Companies that are

• Securities service companies,
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• Insurance companies,
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• Companies that trade in derivatives,
• Stock market traders and goods derivatives traders,
• Other institutional investors whose main activity is not recorded by those stated above.

Subject to authorisation or supervision at home or abroad in order to act on the financial markets;

2. Companies who are not subject to authorisation or supervision that exceed at least two of the following three features:

• €20,000,000 balance sheet total
• €40,000,000 turnover,
• €2,000,000 own funds;

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5. Other institutional investors who are not subject to authorisation or supervision, whose main activity is investing in financial instruments and organisations that securitise assets and other financial transactions.

Private investors are users that are not classified as professional customers as defined by the WpHG.

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The information published on the Web site also does not represent investment advice or a recommendation to purchase or sell the products described on the Web site.

Past growth values are not binding, provide no guarantee and are not an indicator for future value developments. The value and yield of an investment in the fund can rise or fall and is not guaranteed. Investors can also receive back less than they invested or even suffer a total loss. Exchange rate changes can also affect an investment. Purchase or investment decisions should only be made on the basis of the information contained in the relevant sales brochure.

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