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      "Ziel ist die langfristige Optimierung des Risiko-Rendite-Profils",
      "Ein innovativer Ansatz mit Schwerpunkt auf der Risikominderung, einschließlich der ESG-Risiken, durch Investitionen in europäische Aktien auf der Grundlage ihrer geringen",
      "Strebt den Aufbau eines diversifizierten Aktienportfolios an",
      "Bietet eine komplementäre Lösung für reine fundamentale Aktienauswahlstrategien",
      "Dieses Produkt fördert ökologische oder soziale Merkmale, verfolgt aber nicht das Ziel einer nachhaltigen Investition. Es könnte teilweise in Vermögenswerte investieren, die ein nachhaltiges Ziel verfolgen, beispielsweise gemäß der EU-Klassifizierung als nachhaltig eingestuft werden",
      "Mindestanteil Anpassung der Taxonomie: 0%",
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    "SRI Explanation": "<p>Der „Synthetische Risikoindikator“ (SRI), wie er in der PRIIPS-Verordnung definiert ist, ist ein Risikomaß, das sowohl auf dem Marktrisiko als auch auf dem Kreditrisiko basiert. Er basiert auf der Annahme, dass Sie während der empfohlenen Haltedauer in den Fonds investiert bleiben. Er wird in regelmäßigen Abständen berechnet und kann sich im Laufe der Zeit ändern. Der Indikator wird auf einer numerischen Skala von 1 (geringstes Risiko) bis 7 (höchstes Risiko) dargestellt.</p><p>Bitte beachten Sie das Währungsrisiko. Die Währung dieses Produkts kann von der Währung Ihres Landes abweichen. Sie erhalten möglicherweise Zahlungen in der Währung dieses Produkts und nicht in der Währung Ihres Landes, sodass Ihre endgültige Rendite vom Wechselkurs zwischen den beiden Währungen abhängen wird. Dieses Risiko ist bei dem oben angegebenen Indikator nicht berücksichtigt.</p><p>Sonstige Risiken, die für das Produkt wesentlich sind und nicht in den Gesamtrisikoindikator einberechnet sind:</p><p>keine</p>",
    "Bottom Country Specific Disclaimer": "<p>Investoren sollten Anlageziele, Risiken und Kosten einer jeden Investition zuvor sorgfältig prüfen. Bitte lesen Sie den Verkaufsprospekt und, sofern verfügbar, die Wesentlichen vor einer Geldanlage sorgfältig durch.</p>",
    "Ongoing charges Disclaimer": "Die Laufenden Kosten/Total Expense Ratio (Gesamtkostenquote) beziehen sich auf die Zahlen des vorherigen Geschäftsjahrs. Nicht inbegriffen sind die Performancegebühren (falls zutreffend für diesen Fonds), Transaktionskosten des Portfolios, außer wenn der Fonds für Erwerb oder Veräußerung von Anteilen anderer Organismen für gemeinsame Anlagen Ausgabeaufschläge und Rücknahmeabschläge bezahlen muss. Weitere Informationen zu den Kosten können im Verkaufsprospekt  des Fonds sowie in den Wesentliche Anlegerinformationen (KIID) des Fonds entnommen werden.",
    "Performance Disclaimer": "DIE AUFGEFÜHRTE WERTENTWICKLUNG STAMMT AUS DER VERGANGENHEIT UND BIETET KEINE GARANTIE UND HINWEISE FÜR DIE KÜNFTIGE WERTENTWICKLUNG. Die Wertentwicklung in jüngster Zeit kann niedriger oder höher sein. Der Kapitalwert und die Renditen schwanken im Laufe der Zeit (aufgrund Währungsschwankungen), sodass die Anteile bei Rückgabe mehr oder weniger Wert sein können als beim Erwerb. Die aufgeführte Wertentwicklung versteht sich nach Abzug aller Fondsaufwendungen, berücksichtigt jedoch nicht die Auswirkungen von Verkaufsgebühren, Steuereffekten oder die Gebühren von Zahlstellen; überdies wird dabei eine Wiederanlage der Dividenden unterstellt. Würden solche Kosten berücksichtigt, wären die Renditen niedriger. Bitte berücksichtigen Sie, dass die Auswirkungen von Verkaufsgebühren in den graphischen Darstellungen oben nicht enthalten sind. Die Wertentwicklung anderer Anteilsklassen richtet sich mehr oder weniger nach den Unterschieden in Bezug auf Kosten und Verkaufsgebühren. Weitere Informationen bezüglich der Performance Daten inklusive Leistungsberechnung während der Inaktivität der Anteilsklassen finden Sie im gegebenen Fund Fact Sheet (monatliche Berichterstattung) welche unter der Rubrik Informationsmaterial zu finden ist.",
    "Growth of 10K Disclaimer": "Die Grafik vergleicht die Performance einer hypothetischen Investition in diesem Fonds mit dem Referenzindex des Fonds. Die Gesamtrenditen sind nicht um Verkaufsgebühren oder Steuereffekte bereinigt, berücksichtigen jedoch die tatsächlichen laufenden Fondsaufwendungen und gehen von einer Wiederanlage der Dividenden und Kapitalerträge aus. Eine Berücksichtigung der Verkaufsgebühren würde die aufgeführte Wertentwicklung verringern. Der Index ist ein nicht verwaltetes Portfolio spezifischer Wertpapiere, wobei Direktanlagen nicht möglich sind. Der Index berücksichtigt keine anfänglichen oder laufenden Aufwendungen. Das Portfolio eines Fonds kann deutlich von den Wertpapieren im Index abweichen. Der Index wird vom Fondsmanager ausgewählt.",
    "Minimum Initial Investment Disclaimer": "Die Mindesterstanlage erfolgt in der Referenzwährung des Fonds und kann je nach Anteilsklassen, die auf anderen Währungen lauten können, variieren. Weitere Informationen finden Sie im Verkaufsprospekt oder den Wesentlichen Anlegerinformationen (KIID) des Fonds.",
    "Fees and Expenses Disclaimer": "<p>Weitere Informationen über potenzielle Gebühren etwa im Zusammenhang mit exzessivem Handel oder Markt-Timing finden Sie im Verkaufsprospekt sowie, , sofern verfügbar, im KID des Fonds.</p>",
    "SRRI Definition": "Das Risiko- und Ertragsprofil umfasst einen „synthetischen Risiko- und Ertragsindikator“ (SRRI) – gemäß der Definition der Europäischen Wertpapier- und Marktaufsichtsbehörde (ESMA). Die Risikokennzahl errechnet sich auf Grundlage der Volatilität der Renditen bzw. der Schwankungen des Nettoinventarwerts (NIW) des Fonds. Der Indikator wird anhand einer numerischen Skala von 1-7 dargestellt, wobei 1 einen niedrigen und 7 einen hohen Wert darstellt. Jedes Investment ist spezifischen Risiken ausgesetzt, insbesondere dem Kapitalrisiko.<br> ",
    "Credit Quality Definition": "Kreditqualität spiegelt das höchste Kreditrating wieder, das den einzelnen Holdings des Fonds bei Moody&#39;s, S&amp;P oder Fitch zugeordnet wird; Ratings ändern sich möglicherweise. Indexzahlen basieren auf das Länderrating.",
    "Morningstar Ratings": "<p>Das Morningstar-Rating wird für Fonds mit einer Historie von mindestens drei Jahren berechnet. Die Berechnung basiert auf einer Morningstar Kennzahl für risikobereinigte Renditen, die Schwankungen in der monatlichen Wertentwicklung eines Fonds Rechnung trägt. Dabei werden Abwärtsbewegungen stärker in den Vordergrund gestellt und eine konsistente Wertentwicklung honoriert. Die obersten 10% der Fonds in jeder Kategorie erhalten 5 Sterne, die nächsten 22,5% erhalten 4 Sterne, die nächsten 35% erhalten 3 Sterne, die nächsten 22,5% erhalten 2 Sterne und die untersten 10% erhalten 1 Sterne. Das Morningstar-Gesamtrating für einen Investmentfonds ergibt sich aus einem gewichteten Durchschnitt der Performance-Werte, die mit den Morningstar-Bewertungskennzahlen für drei, fünf und zehn Jahre (falls zutreffend) verbunden sind.</p><p>&copy; 2021 Morningstar, Inc. Alle Rechte vorbehalten. Die hierin enthaltenen Informationen: (1) ist Eigentum von Morningstar; (2) darf nicht kopiert oder verteilt werden; und (3) wird keine Gewähr für Richtigkeit, Vollständigkeit oder Aktualität übernommen. Weder Morningstar noch seine Inhaltsanbieter sind für irgendwelche Schäden oder Verluste verantwortlich, die aus der Verwendung dieser Informationen entstehen. Die Wertentwicklung in der Vergangenheit ist keine Garantie für zukünftige Ergebnisse.</p>",
    "Risk Measures definitions": "<p>Die nachfolgenden Risikokennzahlen werden für Fonds mit mindestens dreijähriger Wertentwicklungsbilanz ermittelt.</p><p>Der Alphafaktor misst die Differenz zwischen den tatsächlichen Renditen eines Fonds und seiner erwarteten Performance auf der Grundlage seines Risikoniveaus, gemessen am Betafaktor. Das Alpha wird oft als Maß für die Wertsteigerung oder -minderung, die ein Portfoliomanager erzielt, betrachtet.</p><p>Das Beta misst die Empfindlichkeit eines Fonds in Bezug auf Marktbewegungen. Ein Portfolio mit einem Betafaktor von mehr als 1 ist volatiler als der Markt, während ein Portfolio mit einem Beta von weniger als 1 weniger volatil ist als der Markt.</p><p>„R²“ spiegelt den Prozentsatz der Schwankungen eines Fonds wider, die auf Schwankungen seines Referenzindexes zurückgehen, d.h. die Korrelation zwischen dem Fonds und der Benchmark. Mit dieser Kennziffer lässt sich ferner die Wahrscheinlichkeit einer statistischen Signifikanz des Alpha und Betafaktors abschätzen.</p><p>Die Sharpe Ratio misst mit Hilfe der Standardabweichung und Überschussrendite die Entschädigung je Risikoeinheit.</p><p>Die Standardabweichung ist ein statistisches Maß für die Volatilität der Fondsrenditen.</p><p>Der Tracking Error wird als prozentuale Abweichung der Standardabweichung zwischen der Performance des Portfolios und der Performance des Referenzindexes angegeben. Je niedriger der Tracking Error, desto mehr ähnelt die Performance des Fonds der Performance seines Referenzindex.</p><p>Der Information Ratio ist die Differenz zwischen der durchschnittlichen annualisierten Performance des Fonds und dem Referenzindex dividiert durch die Standardabweichung des Tracking Error. Der Information Ratio misst die Fähigkeit des Portfoliomanagers, im Vergleich zum Referenzindex überdurchschnittliche Renditen zu erzielen.</p>",
    "Reference Index Disclaimer": "Die Anlagepolitik beruht auf einer aktiven Verwaltung. Der Referenzindikator wird ausschließlich zu Vergleichszwecken herangezogen. Der Anlageverwalter kann daher die Titel, aus denen sich das Portfolio zusammensetzt, unter Beachtung der Verwaltungsstrategie und der Anlagebeschränkungen frei auswählen.",
    "CFA Disclaimer": "<p>CFA® und Chartered Financial Analyst® sind eingetragene Marken des CFA Institute.</p>",
    "Performance Disclaimer - Short": "<p><b>Die aufgeführte Wertentwicklung stammt aus der Vergangenheit und bietet keine Garantie für die zukünftige Wertentwicklung. </b></p>",
    "Reference Index SFDR Disclaimer": "<p>Der Referenzindex ist nicht auf Vereinbarkeit mit den ökologischen oder sozialen Merkmalen ausgelegt, die vom Fonds beworben werden.</p>",
    "Sustainability Risk": "<p>Der Fonds unterliegt Nachhaltigkeitsrisiken hervorgerufen durch ein Ereignis oder eine Bedingung in den Bereichen Umwelt, Soziales oder Unternehmensführung gemäß Artikel 2 Absatz 22 der Verordnung (EU) 2019/2088, durch dessen beziehungsweise deren Eintreten tatsächliche oder potenziell wesentliche negativ Auswirkungen auf den Wert der Investition entstehen könnte. Weitere Informationen über das Modell für die Einbeziehung von Nachhaltigkeit sind der Website der Verwaltungsgesellschaft und des beauftragten Anlageverwalters zu entnehmen.</p>",
    "PRIIPs Ongoing Costs": "<p>Die im Rahmen der PRIIPS-Verordnung (Packaged Retail and Insurance-Based Investment Products) angegebenen laufenden Kosten beruhen auf den Zahlen des vorangegangenen Geschäftsjahrs.</p>",
    "SRI Definition": "<p><span style=\"font-family: Verdana, sans-serif; font-size: 8pt;\">Die folgenden Risiken sind möglicherweise nicht vollständig durch den Risiko- und Ertragsindikator abgedeckt: keine Weitere Anlagerisiken sind im Abschnitt „Hauptrisiken“ im Prospekt beschrieben.</span></p>",
    "SFDR Classification Website Info Icon": "<p>Bei der Verordnung über nachhaltigkeitsbezogene Offenlegungspflichten im Finanzdienstleistungssektor (SFDR) handelt es sich um eine europäische Verordnung, die die Klassifizierung von und die Berichterstattung über Nachhaltigkeit und ESG-Faktoren im Zusammenhang mit Investments regelt. Sie wurde eingeführt, um die Transparenz auf dem Markt für nachhaltige Investmentprodukte zu verbessern, Greenwashing zu verhindern, die Transparenz erhobener Ansprüche auf Nachhaltigkeit durch Finanzmarktteilnehmer zu steigern und so Kapital in nachhaltigere Investments zu lenken.</p><p>Die Offenlegungsverordnung schreibt Anlageverwaltern vor, ihre Produkte anhand ihrer jeweiligen nicht finanziellen Merkmale in verschiedene Kategorien einzustufen, wobei die Offenlegungspflichten den ESG-Ambitionen des Produkts angemessen sind. Die Verordnung zielt darauf ab, dass der Endverbraucher die zugrunde liegenden Nachhaltigkeitsmerkmale eines Investmentfonds richtig verstehen und vergleichen kann. Das ist Teil einer breiteren Herausforderung zur Verhinderung von „Greenwashing“, das vorliegt, wenn ein Fonds Nachhaltigkeit vorgibt, die gar nicht vorhanden ist.</p><p>Gemäß der Offenlegungsverordnung werden Produkte als Artikel-6-, Artikel-8- oder Artikel-9-Produkte eingestuft:</p><p>Artikel 6 ist die vorgegebene Einstufung für Produkte ohne ESG-Schwerpunkt. Solche Produkte können im Rahmen ihres Investmentprozesses ESG-Risiken berücksichtigen, doch werden damit weder nicht finanzielle Merkmale beworben noch ESG-Kriterien in verbindlicher Form in diesen Prozess einbezogen.</p><p>Artikel 8 bezieht sich auf Produkte, mit denen im Rahmen einer breit angelegten Investmentstrategie unter anderem ökologische und/oder soziale Merkmale beworben werden – sofern die Unternehmen, in die investiert wird, Verfahrensweisen einer guten Unternehmensführung anwenden.</p><p>Artikel-9-Produkte streben ausgewiesenermaßen nachhaltige Investitionen an, wie in Artikel 2, Absatz 17 der Offenlegungsverordnung definiert.</p><p>Seit dem 1. Januar 2023 müssen Artikel-8- oder Artikel-9-Produkte in Anhängen zu den vorvertraglichen Dokumenten standardisierte ESG-Informationen veröffentlichen, aus denen die ESG-Strategie, die Merkmale, die Indikatoren, die Vermögensallokation und gegebenenfalls der Mindestanteil an nachhaltigen Investitionen und die Taxonomiekonformität hervorgehen.</p><p>Weitere Einzelheiten (z. B. zu für die ESG-Strategie angewendeten Methoden und Tools) sind den Pflichtangaben zu allen Artikel-8- und Artikel-9-Produkten auf der Website zu entnehmen. Die regelmäßigen Berichte solcher Produkte enthalten ferner einen standardisierten Anhang zur Angabe von Ex-post-Indikatoren und für Kommentare zu nicht finanziellen Aspekten.</p>"
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