1 Source: "The Intel Trinity", by Michael Malone; Harper Business, 2014.
2 For example: Oxford Economics: "How Robots change the world", June 2019; Boston Consulting Group: "Advanced Robotics in the factory of the future", and McKinsey Global Institute: "Jobs lost, jobs gained", November 2017.
3 Break out session with journalists at the WEF on 23 January 2018 (www.WEForum.org).
4 Evans Data Corporation estimate there were 23 million software developers in the world in 2018. United Nations estimate there are 7.7 billion people in the world, August 2019.
5 The “Ding-Dong” hypothesis proposes that language formed to mimic sounds in the real world, while the “Bow-wow” hypothesis has a similar concept but is limited to the imitation of animals.
6 Source: CBSNews: The surrealism of Magritte. Copyright Charly Herscovici-ADAGP-ARS, 2013, URL: https://www.cbsnews.com/pictures/the-surrealism-of-magritte/5/, last accessed on August 14, 2019.
7 For example: https//www.aiva.ai/ and https://openai.com/blog/musenet/
8 Source: https://www.nextrembrandt.com/
This document was produced by Credit Suisse Group AG and/or its affiliates (hereafter "CS") with the greatest of care and to the best of its knowledge and belief. However, CS provides no guarantee with regard to its content and completeness and does not accept any liability for losses which might arise from making use of this information. The opinions expressed in this document are those of CS at the time of writing and are subject to change at any time without notice. If nothing is indicated to the contrary, all figures are not audited. This document is provided on a confidential basis and for information purposes only and is for the exclusive use of the recipient. This document has not been reviewed or approved by any supervisory authority in Luxembourg or elsewhere. It does not constitute an offer or a recommendation to buy or sell financial instruments or banking services and does not release the recipient from exercising his/her own judgment. The recipient is in particular recommended to check that the information provided is in line with his/her own circumstances with regard to any legal, regulatory, tax or other consequences, if necessary with the help of a professional advisor. This document may not be reproduced either in part or in full without the written permission of CS. It is expressly not intended for persons who, due to their nationality or place of residence, are not permitted access to such information under local law. Neither this document nor any copy thereof may be sent, taken into or distributed in the United States or to any U.S. person*. Every investment involves risk, especially with regard to fluctuations in value and return. Investments in foreign currencies involve the additional risk that the foreign currency might lose value against the investor's reference currency. Historical performance indications and financial market scenarios are not reliable indicators of current or future performance. Performance indications do not consider commissions levied at subscription/purchase and/or redemption/sale. No representation is made that the investment policy or strategy pursued by the investment fund will or is likely to be successful or achievable. Furthermore, no guarantee can be given that the performance of the benchmark will be reached or outperformed.
The attention of investors is specifically drawn to the “Risk Factors” section in the sales prospectus and although high priority is given to risk control and monitoring, it cannot be ruled out that in exceptional cases a significant loss on individual investments may occur.
The Fund is a UCITS (icbe) within the meaning of the Financial Markets Supervision Act (the "FMSA") and is registered with the Dutch Authority for the Financial Markets (Stichting Autoriteit Financiële Markten "AFM"). Interests in the Fund may not be offered or acquired directly or indirectly in The Netherlands, and this document shall not be circulated in The Netherlands as part of an initial distribution or at any time thereafter, except to professional investors (professionele beleggers) within the meaning of Article 1:1 of the FMSA. Credit Suisse Fund Management S.A. is licensed under applicable law in Luxembourg, and registered with the AFM for the marketing of the Fund in the Netherlands. Please refer to the Key Investor Information Document (essentiële beleggersinformatie "EBI") for further information about the Fund. The Fund's prospectus and EBI are freely available at Credit Suisse Fund Management S.A., 5 rue Jean Monnet, L-2013 Luxembourg or via the website https://amfunds.credit-suisse.com/
* “US Person” shall be defined as and include (i) a “United States person" as described in section 7701(a)(30) of the U.S. Internal Revenue Code of 1986, as amended (the "Code"), (ii) a “U.S. person” as such term is defined in Regulation S of the Securities Act of 1933, as amended, (iii) a person that is “in the United States” as defined in Rule 202(a)(30)-1 under the U.S. Investment Advisers Act of 1940, as amended, or (iv) a person that does not qualify as a “Non-United States Person” as such term is defined in U.S. Commodities Futures Trading Commission Rule 4.7.