Global Divergence

Please note the following risks

• Potential loss: There is no capital protection for investors. They may receive back less than they invested.
• Market risk: Market conditions can trigger fluctuations in total returns.
• Exposure to emerging markets: Investments in emerging markets entail greater risks than investments in industrialized countries. These risks include a certain degree of political instability, relatively unpredictable financial markets still in the developmental stage, and dependence on the economic situation.
• Liquidity risk: Some investments may entail liquidity risk.
• Foreign currency risk: A given investment’s total value can be adversely affected by exchange rate fluctuations.
• Company-specific risk: If an investee company becomes insolvent, investors may lose all of their invested capital.

This is a marketing communication.
Please refer to the prospectus/information document of the fund and to the KIID/KID (as applicable) before making any final investment decisions.

The investment promoted in this marketing material concerns the acquisition of units or shares in a fund and not of any underlying assets. The underlying assets are owned by the fund only.

Source: Credit Suisse, unless otherwise specified.
Unless noted otherwise, all illustrations in this document were produced by Credit Suisse AG and/or its affiliates with the greatest of care and to the best of its knowledge and belief.

This material constitutes marketing material of Credit Suisse AG and/or its affiliates (hereafter "CS"). This material does not constitute or form part of an offer or invitation to issue or sell, or of a solicitation of an offer to subscribe or buy, any securities or other financial instruments, or enter into any other financial transaction, nor does it constitute an inducement or incitement to participate in any product, offering or investment. This marketing material is not a contractually binding document or an information document required by any legislative provision. Nothing in this material constitutes investment research or investment advice and may not be relied upon. It is not tailored to your individual circumstances, or otherwise constitutes a personal recommendation, and is not sufficient to take an investment decision. The information and views expressed herein are those of CS at the time of writing and are subject to change at any time without notice. They are derived from sources believed to be reliable. CS provides no guarantee with regard to the content and completeness of the information and where legally possible does not accept any liability for losses that might arise from making use of the information. If nothing is indicated to the contrary, all figures are unaudited. The information provided herein is for the exclusive use of the recipient. The information provided in this material may change after the date of this material without notice and CS has no obligation to update the information. This material may contain information that is licensed and/or protected under intellectual property rights of the licensors and property right holders. Nothing in this material shall be construed to impose any liability on the licensors or property right holders. Unauthorised copying of the information of the licensors or property right holders is strictly prohibited. The full offering documentation including, the prospectus or offering memorandum, the Key Investor Information Document (KIID), the Key Information Document (KID), the fund rules, as well as the annual and bi-annual reports ("Full offering documentation"), as the case may be, may be obtained free of charge in one of the languages listed below from the legal entity/entities indicated below and where available via Fundsearch (credit-suisse.com/fundsearch). Information on your local distributors, representatives, information agent, paying agent, if any, and your local contacts in respect of the investment product(s) can be found below. The only legally binding terms of any investment product described in this material, including risk considerations, objectives, charges and expenses are set forth in the prospectus, offering memorandum, subscription documents, fund contract and/or any other fund governing documents. For a full description of the features of the products mentioned in this material as well as a full description of the opportunities, risks, and costs associated with the respective products, please refer to the relevant underlying securities prospectuses, sales prospectuses, or other additional product documents, which we will be pleased to provide to you at any time upon request. The investment promoted in this marketing material concerns the acquisition of units or shares in a fund and not of any underlying assets. The underlying assets are owned by the fund only. This material may not be forwarded or distributed to any other person and may not be reproduced. 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For persons in Singapore: This document forms part of, and should be read and considered in the context of and in conjunction with the offer document of the product(s) named in this document (“Product”). This document together with the offer document, forms the information memorandum relating to the offer of the securities/shares/interests/units in or of the Product (“Information Memorandum”). The Product is not authorised under section 286 of the Securities and Futures Act 2001 (“SFA”) or recognised under section 287 of the SFA by the Monetary Authority of Singapore (“MAS”) and its securities/shares/interests/units are not allowed to be offered to the retail public in Singapore. Each of the Information Memorandum (including this document and the offer document) and any other document or material (in any medium) issued in connection with the offer or sale of the securities/shares/interests/units in or of the Product is not a prospectus as defined in the SFA, and has not been and will not be lodged or registered as a prospectus with the MAS. Accordingly, statutory liability under the SFA in relation to the content of prospectuses does not apply. A potential investor should consider carefully whether the investment is suitable for him/her/it. This document and any other document or material (in any medium) issued in connection with the offer or sale of the securities/shares/interests/units in or of the Product  may not be circulated or distributed, and the securities/shares/interests or units in or of the Product may not be offered or sold, whether directly or indirectly, to any person in Singapore other than to an institutional investor (as defined in section 4A of the SFA) in reliance on the exemption under section 304 of the SFA.
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