Build portfolio resilience

Market strategies

Look beyond traditional asset classes

While stocks and bonds may deliver strong returns, many investors continue to seek additional sources of income and risk mitigation. The current market environment offers strategic entry points for listed real assets and private credit, two areas of the market known for their potential to strengthen portfolios and build sustainable performance over time through diversification, income, and enhanced total returns. Investors are increasingly motivated to look beyond traditional asset classes considering stocks and bonds have high positive correlation, reducing their effectiveness as diversification tools.

Listed real assets

Listed real assets can build resilience through diversification and stable cash flow potential that may provide stability during market volatility.

Examples: Real estate investment trusts (REITs), infrastructure
Investment profile comparison: Moderate risk, income generation, more liquid

Today’s attractive entry points: Valuations

Private credit

Private credit can build resilience through yield potential which may cushion portfolios during market downturns.

Examples: Direct lending, private real estate debt
Investment profile comparison: Wide range of risk, higher yield potential, less liquid

Today’s attractive entry points: Premiums and expected tailwinds

Explore attractive entry points to help build portfolio resilience

U.S. REITs are trading near historically cheap valuations relative to equities.

Complement your equity exposure and improve return potential

REITs are known for income and growth potential. Consider complementing your equity holdings with REITs to improve return potential, while also providing diversification through exposure to real estate.

Global listed infrastructure has rarely been this cheap relative to global equities in the past 20 years.

Reallocate a portion of your equity exposure and seek to improve stability

Infrastructure is known for its defensive characteristics. Consider augmenting your equity exposure with listed infrastructure to seek improved portfolio stability during volatile markets.

Middle-market direct lending yield premium is nearly 2.5%.

For more than ten years, middle market direct lending consistently generated excess yield versus large corporate loans, thanks to attractive liquidity premiums. By focusing on the middle market segment, investors can access higher yields and the historically attractive yield premium.

Replace lower-yielding bonds to improve income potential

Direct lending investors have received a liquidity premium—additional yield for accepting lower liquidity compared to traditional bonds. Consider replacing lower-yielding portions of bond portfolios to improve income potential, while also potentially decreasing volatility.

Bank demand for direct real estate lending remains tepid—a tailwind for investors.

We believe tailwinds are coming from the $2T+ of maturing loans over the next three years and the retreat of traditional lenders—like banks—because of tighter regulations. A reset in valuations after a multi-year commercial real estate downturn triggered by COVID-19 and rising interest rates may reduce downside risk to investors.

Reallocate a portion of your core bond exposure and seek to improve interest rate risk

High yield, real estate credit loans are usually floating rate which limits sensitivity to interest rates. Consider complementing core bonds with an allocation to private real estate credit with less liquidity.

Need alternatives to stocks and bonds?

High correlations of stocks and bonds can be augmented with listed real assets and private credit.

Correlation matrix comparing return profiles for global stocks, global bonds, listed real assets, and private credit.

Solutions: Seeing things from a different point of view

Our specialized investment teams combine a depth of perspective with extensive research and analysis.

Listed real assets
Public REITs We strive to deliver strong risk-adjusted returns through exposure to non-traditional property types, including data centers. Access our expertise in U.S. and global real estate strategies Includes a downloadable brochure and video content PIREXPrincipal Real Estate Securities Fund POSIXPrincipal Global Real Estate Securities Fund BYREPrincipal Real Estate Active Opportunities ETF	Global listed infrastructureOur team aims to deliver attractive, risk-adjusted performance through exposure to the global infrastructure market. Diversify portfolios by investing in essential service providers Includes a concise overview and video content PGSLXPrincipal Global Listed Infrastructure Fund

Listed real assets

Public REITs We strive to deliver strong risk-adjusted returns through exposure to non-traditional property types, including data centers.

Access our expertise in U.S. and global real estate strategies

Includes a downloadable brochure and video content

PIREXPrincipal Real Estate Securities Fund

POSIXPrincipal Global Real Estate Securities Fund

BYREPrincipal Real Estate Active Opportunities ETF

Global listed infrastructureOur team aims to deliver attractive, risk-adjusted performance through exposure to the global infrastructure market.

Diversify portfolios by investing in essential service providers

Includes a concise overview and video content

PGSLXPrincipal Global Listed Infrastructure Fund

Private credit
Direct lending Our fund seeks to be a “pure-play” private first lien exposure to lower and core middle market direct lending. Gain an edge with our perspectives when investing in an underserved market Includes team credentials and approach PPAIXPrincipal Private Credit Fund	Private real estate debtWe seek to provide current income, while aiming to preserve capital and mitigate downside risk. Diversify portfolios by investing in essential service providers Includes a downloadable brochure and video content Principal U.S. High Yield Real Estate Credit Strategy

Private credit

Direct lending Our fund seeks to be a “pure-play” private first lien exposure to lower and core middle market direct lending.

Gain an edge with our perspectives when investing in an underserved market

Includes team credentials and approach

PPAIXPrincipal Private Credit Fund

Private real estate debtWe seek to provide current income, while aiming to preserve capital and mitigate downside risk.

Diversify portfolios by investing in essential service providers

Includes a downloadable brochure and video content

Principal U.S. High Yield Real Estate Credit Strategy

Why Principal Asset Management?

We’re focused on harnessing the potential of every opportunity to secure an advantage for our clients.

Trusted heritage of Principal

140+ years For more than a century, Principal has helped individuals confidently reach their goals. Established in 1994, Principal Asset Management is the investment management business for Principal Financial Group^®.

Expertise

Over 650 Investment professionals providing a depth of knowledge, averaging 17 years of industry experience.²

Scale and scope

29th largest Manager of worldwide institutional assets³, Principal Asset Management is a fiduciary with disciplined process and specialized expertise across asset classes, managing $579.5 billion in assets.²

Strong foundation

Fortune 500 Backed by the resources of a Fortune 500 company, the Principal Financial Group delivers value to our shareholders and more than 70 million customers who rely on our expertise in retirement, insurance, and asset management.⁴

Global real estate expertise

Top 10 Global real estate manager.⁵ Our scale and reputation give our clients access to high-quality opportunities.

Private market experience

60+ Years investing in private markets.⁶ Our time-tested expertise and a long-term perspective that investors can rely on.

¹ On July 1, 1879, Edward Temple founded The Bankers Life Association in Des Moines, Iowa, to provide inexpensive and dependable life insurance protection for bankers and their employees.

² As of 06/30/2025. Principal Asset Management is the global investment management business for Principal Financial Group^® and includes the asset management operations of the following: Principal Global Investors, LLC; Principal Real Estate Investors, LLC; Principal Real Estate Europe Limited and its affiliates; Spectrum Asset Management, Inc.; Post Advisory Group, LLC; Principal Asset Management Ltda; Principal Global Investors (Europe) Limited; Principal Global Investors (Ireland) Limited, Principal Global Investors (Singapore) Limited.; Principal Global Investors (Australia) Ltd.; Principal Global Investors (Japan) Ltd.; Principal Asset Management Company (Asia) Ltd., Principal Asset Management Berhad, Principal Islamic Asset Management SDN BHD, Principal Fondos de Inversion, S.A. DE C.V., Principal Mexico Servicios, S.A. DE C.V., Principal Adminstradora General de Fondos S.A., and includes assets where we provide model portfolios.

³ 369 managers profiled by total worldwide institutional assets as of 31 December 2024 “Largest Money Manager,” PENSIONS & INVESTMENTS, June 2025.

⁴ As of 12/31/2024. See our most recent 10-K or 10-Q report for additional information and forward-looking disclosures. For other updates, visit www.principal.com. 

⁵ Managers ranked by total worldwide real estate assets (net of leverage, including contributions committed or received, but not yet invested; REOCs are included with equity; REIT securities are excluded), as of 30 June 2024. “The Largest Real Estate Investment Managers,” Pensions & Investments, 7 October 2024.

⁶ Principal Real Estate Investors became registered with the SEC in November 1999. Activities noted prior to this date were conducted beginning with the real estate investment management area of Principal Life Insurance Company and later Principal Capital Real Estate Investors, LLC, the predecessor firm to Principal Real Estate Investors.

Disclosures

BYRE ETF: This ETF is different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. This ETF will not. This may create additional risks for your investment. For example:

You may have to pay more money to trade the ETF’s shares. This ETF will provide less information to traders, who tend to charge more for trades when they have less information.
The price you pay to buy ETF shares on an exchange may not match the value of the ETF’s portfolio. The same is true when you sell shares. These price differences may be greater for this ETF compared to other ETFs because it provides less information to traders.
These additional risks may be even greater in bad or uncertain market conditions.
The ETF will publish on its website each day a “Tracking Basket” designed to help trading in shares of the ETF. While the Tracking Basket includes some of the ETF’s holdings, it is not the ETF’s actual portfolio.
The differences between this ETF and other ETFs may also have advantages. By keeping certain information about the ETF secret, this ETF may face less risk that other traders can predict or copy its investment strategy. This may improve the ETF’s performance. If other traders are able to copy or predict the ETF’s investment strategy, however, this may hurt the ETF’s performance.
For additional information regarding the unique attributes and risks of this ETF, see the linked webpage above.

REIT valuations equal enterprise value (EV) divided by earnings before accounting for interest, taxes, depreciation, and amortization (EBITDA). Spread equals the EV/EBITDA of the FTSE NAREIT All Equity REIT Index minus the EV/EBITDA of the S&P 500 Index. Expensive and cheap valuations are represented by spreads higher or lower than one standard deviation from the mean, respectively. Fair value is represented by valuations between one standard deviation from the mean. Indices are unmanaged and individuals cannot invest directly in an index.

Infrastructure valuations equal enterprise value (EV) divided by earnings before accounting for interest, taxes, depreciation, and amortization (EBITDA). Spread equals the EV/EBITDA of the FTSE NAREIT All Equity REIT Index minus the EV/EBITDA of the S&P 500 Index. Expensive and cheap valuations are represented by spreads higher or lower than one standard deviation from the mean, respectively. Fair value is represented by valuations between one standard deviation from the mean. Indices are unmanaged and individuals cannot invest directly in an index.

For Public Distribution in the United States. For Institutional, Professional, Qualified and/or Wholesale Investor Use Only in other Permitted Jurisdictions as defined by local laws and regulations.

Risk considerations

Investing involves risk, including possible loss of principal. Past Performance does not guarantee future results. All financial investments involve an element of risk. Therefore, the value of the investment and the income from it will vary and the initial investment amount cannot be guaranteed.

Carefully consider a fund’s objectives, risks, charges, and expenses. Visit www.PrincipalAM.com or call sales support at 800-787-1621 for a prospectus, or summary prospectus if available, containing this and other information. Please read it carefully before investing.

Asset allocation and diversification do not ensure a profit or protect against a loss.

Real estate investment options are subject to risks associated with credit, liquidity, interest rate fluctuation, adverse general and local economic conditions, and decreases in real estate values and occupancy rates.

Investments in private debt, including leveraged loans, middle market loans, and mezzanine debt, second liens, are subject to various risk factors, including credit risk, liquidity risk and interest rate risk.

Commercial mortgage is subject to the basic risk of lending and direct ownership of commercial real estate mortgages.

Infrastructure companies may be subject to a variety of factors that may adversely affect their business, including high interest costs, high leverage, regulation costs, economic slowdown, surplus capacity, increased competition, lack of fuel availability, and energy conservation policies.

Important information

This material covers general information only and does not take account of any investor’s investment objectives or financial situation and should not be construed as specific investment advice, a recommendation, or be relied on in any way as a guarantee, promise, forecast or prediction of future events regarding an investment or the markets in general.

The opinions and predictions expressed are subject to change without prior notice. The information presented has been derived from sources believed to be accurate; however, we do not independently verify or guarantee its accuracy or validity. Any reference to a specific investment or security does not constitute a recommendation to buy, sell, or hold such investment or security, nor an indication that the investment manager or its affiliates has recommended a specific security for any client account. Subject to any contrary provisions of applicable law, the investment manager and its affiliates, and their officers, directors, employees, agents, disclaim any express or implied warranty of reliability or accuracy and any responsibility arising in any way (including by reason of negligence) for errors or omissions in the information or data provided.

This material may contain ‘forward-looking’ information that is not purely historical in nature and may include, among other things, projections and forecasts. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader. All figures shown in this document are in U.S. dollars unless otherwise noted.

Principal Alternative Credit is an investment team within Principal Global Investors.

Principal Real Estate is a trade name of Principal Real Estate Investors, LLC, an affiliate of Principal Global Investors.

Principal Funds are distributed by Principal Funds Distributor, Inc. ALPS Distributors, Inc. is the distributor of the Principal ETFs. ALPS Distributors, Inc. and the Principal Funds are not affiliated.

Principal Asset Management^® is a trade name of Principal Global Investors, LLC.

© 2025 Principal Financial Services, Inc. Principal^®, Principal Financial Group^®, Principal Asset Management, and Principal and the logomark design are registered trademarks and service marks of Principal Financial Services, Inc., a Principal Financial Group company, in various countries around the world and may be used only with the permission of Principal Financial Services, Inc.

MM14636 | 09/2025 | 4729105-11/2025 | PRI001834-092027

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Information in relation to the Principal Global Investors Funds is available through this web site to institutional investors resident in the following countries of: Belgium, France, Finland, Germany, Guernsey, Ireland, Italy, Jersey, Netherlands, Spain, Sweden, Switzerland and the United Kingdom. By proceeding this far you are representing and warranting that you are an institutional investor resident in one of these countries. Not all of the Funds are available in all these jurisdictions, and investors are directed to the Country Registration document for detailed information. What follows is not an offer or invitation to acquire an investment to, and should therefore not be relied upon by, any person anywhere other than the countries noted. Persons in respect of whom such prohibitions apply must not access this web site. This web site is reserved exclusively for non-U.S. persons and should not be accessed by any person in the United States.

Yes, I certify to be an institutional investor and resident of a country listed above.

Cookies
Use of cookies on this site is outlined in the Privacy and Security Policy. In accepting these terms and conditions, you accept the terms of the Cookie Policy and the use of cookies from this site.

Legal Entity Disclosure and Regulation
In Europe by Principal Global Investors (Ireland) Limited, 70 Sir John Rogerson’s Quay, Dublin 2, D02 R296, Ireland. Principal Global Investors (Ireland) Limited is regulated by the Central Bank of Ireland.

In the United Kingdom by Principal Global Investors (Europe) Limited, Level 1, 1 Wood Street, London, EC2V 7 JB, registered in England, No. 03819986, which is authorised and regulated by the Financial Conduct Authority (“FCA”).

In Switzerland by Principal Global Investors (Switzerland) GmbH. This website is considered as advertising and information contained herewith be treated as such. Investors can obtain free of charge the prospectus, trust deed, the prospectus, the key investor information document (KIID), and the annual and semi-annual reports from the representative in Switzerland.

In Europe and United Kingdom, this website is directed exclusively at Professional Clients and Eligible Counterparties and should not be relied upon by Retail Clients (all as defined by the MiFID and FCA respectively). If you are viewing the material as a retail investor, you should seek independent investment advice before deciding whether the products and services in question are suitable to meet your investment needs and objectives, as the language has not been complied to a retail client standard.

Principal Global Investors Funds
Principal Global Investors (Ireland) Limited is the issuer of the Funds. Investments may only be made on an application form attached to a current prospectus and following receipt by the investor of the KIID in respect of the Fund in which they intend to invest. The latest version of the prospectus of the Funds is dated 14 December 2012.

For Real estate investors in the European Economic Area (“EEA”), this website and the information on it is only directed at persons who are professional investors for the purposes of the Alternative Investment Fund Managers Directive (2011/61/EU) (“AIFMD”), professional clients or eligible counterparties for the purposes of the Markets in Financial Instruments Directive (Directive 2014/65/EU) (“MiFID II”) or as otherwise defined under applicable local law and regulation and at whom this website and the information on it may lawfully be directed in any relevant jurisdiction (“Eligible Persons”). In relation to each member state of the EEA (“Member State”) which has implemented AIFMD (and for which transitional arrangements are not/ no longer available), this website may only be accessed and interests in Funds may only be offered or placed in a Member State to the extent that: (i) the relevant Fund is permitted to be marketed to professional investors in the relevant Member State in accordance with AIFMD (as implemented into the local law/regulation of the relevant Member State); or (ii) this website and its information may otherwise be lawfully distributed and the interests in Funds may otherwise be lawfully offered or placed in that Member State (including at the initiative of the investor). In relation to each Member State of the EEA which, at the date of accessing this website, has not implemented AIFMD, this information may only be distributed and interests in Funds may only be offered or placed to the extent that this information may be lawfully distributed and the interests in Funds may lawfully be offered or placed in that Member State (including at the initiative of the investor).

Persons who are not Eligible Persons, including but not limited to those individuals or other persons who fall within the FCA’s definition of ‘retail clients’, should not use or rely upon this website or the information contained therein and may not engage the services of Principal Real Estate or any of its affiliates, or invest in any Fund. Potential investors are advised that all or most of the protections provided by the UK regulatory system will not apply and that the UK Financial Services Compensation Scheme may not be available in relation to an investment in a Fund or separate account.

The contents of this website have not been verified or approved by any competent regulatory or supervisory authority. No liability, whether in negligence or otherwise, arising directly or indirectly from the use of the information or any part of it on this website is accepted and no representation, warranty or undertaking, whether express or implied, is or will be made at any time by Principal Real Estate or its affiliates or any of their respective advisers, directors, officers, employees, representatives or other agents (“Principal Agents”) for any information or any of the opinions contained herein or for any errors, omissions or misstatements.

None of Principal Real Estate or its affiliates or any Principal Agents makes or has been authorised to make any representation or warranties, whether express or implied, in relation to Principal Real Estate or regarding the truth, accuracy or completeness of any of the information contained on this website at any time. No representation or warranty is given by Principal Real Estate, its affiliates or the Principal Agents as to the achievement or reasonableness of, and no reliance should be placed on any projections, targets, estimates or forecasts contained in the information on this website. Furthermore, nothing contained on this website is or should be relied on as a promise or representation as to the future. No reliance may be placed by any person for any purpose whatsoever on the information or opinions contained on this website or on its completeness, accuracy or fairness at any time.

Principal Global Investors (Europe) Limited is not authorised by the FCA to directly deal with retail investors; any distribution of the Fund to retail investors in Europe is facilitated by fund distributors with which Principal Global Investors (Europe) Limited has entered distribution arrangements, pursuant to advice provided to investors by those distributors, based on the documents Principal Global Investors (Europe) Limited provides. Retail investors should not be provided with access to this website.

The name of the Swiss representative is ACOLIN Fund Services AG, Stadelhoferstrasse 18, CH-8001 Zürich. The name of the Swiss paying agent is Banque Cantonale de Genève, 17, quai de l’Ile, 1204 Geneva. Investors can obtain the prospectus, trust deed, the simplified prospectuses and the annual and semi-annual reports free of charge from the representative in Switzerland.
The value of units and the income from them may fall as well as rise.

Investments in the Funds are neither insured nor guaranteed by the US Government or the Federal Deposit Insurance Corporation and are not deposits or obligations of, or guaranteed by, Principal Global Investors.

No Solicitation
Nothing contained in this website shall constitute an offer or solicitation, in relation to units in the Funds or generally, in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful or not authorised.

In particular, shares issued by the Company, and units in the Funds, have not been and will not be registered under the United States Securities Act of 1933 as amended or the securities laws of any state or political subdivision of the United States and may not, except in a transaction which does not violate US securities laws, be directly offered or sold in the United States or to any US Person. The Company will not be registered under the United States Investment Company Act of 1940 as amended.

This website is reserved exclusively for non-US persons and should not be accessed by any person in the United States.

No Investment Advice
The information in this website contains general information only on investment matters and should not be considered as a comprehensive statement on any matter and should not be relied upon as such nor should it be construed as specific investment advice, an opinion or recommendation. The general information it contains does not take account of any investor’s investment objectives, particular needs or financial situation, nor should it be relied upon in any way as a forecast or guarantee of future events regarding a particular investment or the markets in general. Past performance is not a reliable indicator of future performance and should not be relied upon as a significant basis for an investment decision.

You should also inform yourself as to (a) the possible tax consequences, (b) the legal requirements and (c) any foreign exchange restrictions or exchange control requirements which you might encounter under the laws of the countries of your citizenship, residence or domicile and which might be relevant to any investment, including the subscription, holding, transfer or disposal of units in the Funds

Delegation of Investment Management to Affiliates

Products upon which composite results contained in this material, if any, are based may not themselves be available in the United Kingdom and certain other jurisdictions; however, the underlying investment management capability can be made available to institutional investors subject to all applicable local regulations and restrictions. In connection with its management of client portfolios, PGIE may delegate management authority to affiliates that are not authorised and regulated by the Financial Conduct Authority. In any such case, the client may not benefit from all protections afforded by rules and regulations enacted under the Financial Services and Markets Act 2000.

Disclaimer
The information on this website is given by Principal Global Investors in good faith and has been derived from sources believed to be reliable and accurate as at their date. However, Principal Global Investors makes no representation or warranty of any kind for the accuracy or completeness of the information and it is under no obligation to update or correct any errors in the information after the date of publication. This website also contains videos where the comments were valid on the date the video was recorded. Markets move continuously and you should only rely on current information for any investment decisions.

Subject to applicable law, Principal Global Investors and its affiliates and their respective directors, employees and associates do not accept any responsibility arising in any way (including by reason of negligence) for errors in, or omissions from, the information and do not accept any liability for any loss or damage, however caused, as a result of any person relying on any information on the website or being unable to access the website.

The Internet is not a totally reliable and secure medium of communication. Principal Global Investors accepts no liability for the security or confidentiality of information transmitted in this way and any such transmission of information shall be at your own risk.

The entire content of this website is subject to copyright with all rights reserved. You may not copy, reproduce, distribute or modify the content of this website without the prior written permission of Principal Global Investors.

No instructions for investment purposes will be accepted directly from this website or by e-mail.

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You may view, download for caching purposes only, and print content from the website for your own personal use, subject to the restrictions set out below and elsewhere in these Terms of Use.

No Guarantee of Timeliness
This website may contain videos where the comments were valid on the date the video was recorded. Markets move continuously and you should only rely on current information for any investment decisions. The information and materials contained on this website, and the terms, conditions, and descriptions that appear, are subject to change. All content on this website is presented only as of the date published or indicated, and may be superseded by subsequent market events or for other reasons. In addition, you are responsible for setting the cache settings on your browser to ensure you are receiving the most recent data.

No Warranties
The information on this website has been developed internally and/or obtained from sources believed to be reliable; however Principal Global Investors and its affiliates do not independently verify or guarantee its accuracy or validity. The information and services provided on this website are provided ""AS IS"" and without warranties of any kind, either expressed or implied. To the fullest extent permissible pursuant to applicable law, Principal Global Investors disclaims all warranties, including, but not limited to, any warranty of non-infringement of third-party rights and any implied warranties of merchantability and fitness for a particular purpose. Principal Global Investors does not warrant, either expressly or impliedly, the accuracy or completeness of the information, text, graphics, links or other items contained on this website and does not warrant that the functions contained in this website will be uninterrupted or error-free, that defects will be corrected, or that the website will be free of viruses or other harmful components. Principal Global Investors expressly disclaims all liability for errors and omissions in the materials on this website and for the use or interpretation by others of information contained on the website. Subject to any contrary provisions of applicable law, no company in the Principal Financial Group nor any of their employees or directors gives any warranty of reliability or accuracy nor accepts any responsibility arising in any other way (including by reason of negligence) for errors or omissions on this website.

If you have questions, please email us.

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This website contains general information only on investment matters and nothing in this website is intended to constitute or form part of any offer or inducement to issue or sell, or any solicitation of any offer to subscribe for or purchase, any securities or investment products in the UAE (including the Dubai International Financial Centre) and accordingly should not be construed as such. Information in this website is not directed at you if we are prohibited by any law of any jurisdiction from making the information on this site available to you and is not intended for any use that would be contrary to local law or regulation. Products or services mentioned on this site are subject to legal and regulatory requirements in applicable jurisdictions and may not be available in all jurisdictions. Accordingly, persons are required to inform themselves of and observe any such restrictions.

The information in this website is being made available on the basis that the recipient acknowledges and understands that the entities and securities to which it may relate have not been approved, licensed by or registered with the UAE Central Bank, the Dubai Financial Services Authority or any other relevant licensing authority or governmental agency in the UAE or elsewhere in the Middle East.

The information in the following website should not be construed as investment advice or a recommendation for the purchase or sale of any security. The value of investments and the income from them may fall as well as rise. Member firms of Principal (collectively, the “Firms”) do not guarantee any investment results and there can be no assurance that the strategies employed will improve investment performance, and make no guarantee that a client’s investment objectives will be achieved and no warranties or representations, expressed or implied, are made by the Firms concerning the benefits of these strategies discussed herein. The information in this website has been developed internally and/or obtained from sources that the Firms believe to be reliable; however, the Firms do not guarantee the accuracy, adequacy or completeness of such information and are not responsible for any errors or omissions. This website also contains videos where the comments were valid on the date the video was recorded. Markets move continuously and you should only rely on current information for any investment decisions.

This website contains general information only on investment matters and should not be considered as a comprehensive statement on any matter and should not be relied upon as such. The information it contains does not take account of any investor’s investment objectives, particular needs or financial situation. Past performance is not a reliable indicator of future performance and should not be relied upon as a significant basis for an investment decision. You should consider whether an investment fits your investment objectives, particular needs and financial situation before making any investment decision.

Nothing in this website should be construed as investment, tax, legal or other advice.

The content of this website has not been approved by or filed with the UAE Central Bank or Dubai Financial Services Authority.

Access to this website is only permitted for “Professional Clients” as defined in the Conduct of Business of the Dubai Financial Services Authority’s Rulebook. If you are not a “Professional Client”, you may not access this website and you should select the “Decline” link below.

By selecting the “Accept” button below, and entering this website, you agree to these terms and confirm and represent that you are a “Professional Client”.