Important Information:

Past performance is not a reliable indicator of current or future performance. Returns may go down as well as up there is no guarantee that all or part of your invested capital can be redeemed. There can be no assurance that investment objectives and/or targets will be achieved. Investing involves risk, including possible loss of principal.

The principal risk when investing into Asset-Backed Finance is the loss of capital. Transactions of the type described herein may involve a high degree of risk, and the value of such instruments may be highly volatile. Such risks may include without limitation risk of adverse or unanticipated market developments, risk of issuer default, and risk of illiquidity. In certain transactions, counterparties may lose their entire investment. Additionally, there can be no assurance that targeted returns will be achieved, that TwentyFour or any securities discussed will achieve comparable results.

Private market investments also involve a number of risks, including illiquidity, potentially lower transparency, longer investment commitments; leverage; and may engage in speculative investment practices that increase the risk of investment loss. Prospective investors should understand such an investment is typically only suitable for persons of adequate financial means who have the necessary liquidity with respect to their investment and who can bear the economic risks associated with such an investment. Prospective investors should always consider their risk appetite and perform thorough due diligence before investing.

Any projections or forward-looking statements regarding future events or the financial performance of countries, markets and/or investments are based on a variety of estimates and assumptions. There can be no assurance that the assumptions made in connection with such projections will prove accurate, and actual results may differ materially. The inclusion of forecasts should not be regarded as an indication that Vontobel considers the projections to be a reliable prediction of future events and should not be relied upon as such. Vontobel reserves the right to make changes and corrections to the information and opinions expressed herein at any time, without notice.