Why we use cookies
The cookies used by are used in connection to web statistics and to support the functions that make the website user friendly.

Web statistics uses cookies for web statistics through the following programs:

About Cookies
Today, cookies are used on almost all websites and in some cases cookies can be necessary to deliver a service on the site. A cookie is a small data file that websites store on a user’s PC in order to recognize the computer and remember the choices of the user. Below you can find more information regarding cookies and your options to manage them.

Types of cookies uses two types of cookies; HTTP cookies and Flash cookies.
HTTP cookies
Cookies referred to in general are HTTP cookies – also known as ”browser cookies”. HTTP cookies are small text files that are stored by a web server with a ”client”, e.g. on your PC, Smartphone, tablet or similar. A HTTP cookie is a passive file and it cannot spread virus or in any other way harm your PC. HTTP cookies are therefore not spyware or a virus, but contain text data alone, which is exchanged between a web server and your browser.
HTTP cookies are split into:
•    Persistent HTTP cookies, initiated with an expiry time, in order for data to exist on your hard drive for a shorter or longer period
•    Session-HTTP-cookies are only stored in your computer’s memory for a short period whilst you are browsing the net and will automatically be deleted when the browser is closed. Session cookies are not stored on your hard drive

Flash Cookies
If you have installed Adobe Flash on your computer (most people have), Flash cookies may be stored on your computer by websites that use Flash media files (e.g. videos). Flash cookies may contain both data and programs that can be run on your computer. Flash cookies can store more information on your hard drive than HTTP cookies – in fact in the region of up to 100kByte – however it is still relatively small files.

Other types of cookies
There are other types of cookies that are stored by web-browser extensions (plug-ins) which you may have installed on your PC.
First party cookies and third party cookies explained
When talking about cookies, one distinguishes between so-called ”first-party cookies” and ”third-party cookies”:
•    If a cookie is associated with a file requested from the same domain as the page you are viewing, it’s a first-party cookie
•    A cookie associated with a file requested from a different domain is a third-party cookie  

Deleting and controlling cookies
If you choose to delete the HTTP cookies it means that no longer can register you as a visitor in our web statistics and your browsing on the website will not be registered in our analysis in order to improve our site.

Deleting HTTP cookies
All browsers contain functions that enable you to delete HTTP cookies.
You can use the  link below for guidance in deleting cookies in different browsers.  

Deleting Flash cookies
Flash cookies can only* be administered via Adobes Flash tools. Learn more via this link: How to delete cookies
* or in the Firefox browser, if you have installed the extension "Better Privacy".

Other types of cookies
There are other types of cookies stored via installed web-browser extension (plug-ins) that you cannot control or delete. These cookies have no connection to

Controlling cookies
You can set your browser to either give you a warning, ask you to accept cookies, automatically accept cookies, or reject cookies. It is also possible to limit the acceptance of cookies to only include servers/websites already visited. If you select to reject cookies in general you have to be prepared that this may limit functionality and the user-friendliness of many websites. How to control cookies

EU Legislation on cookies
EU Legislation on Data Protection and E-Privacy can be found via following link: eu guidelines on privacy and data protection

© | ValueInvest LUX

This website is for informational purposes only. Before acting on any information presented on this website, you should consider the appropriateness of it having regard to your particular objectives, financial situation and needs and seek advice. No information set out above constitutes advice, an advertisement, an invitation, an offer or a solicitation, to buy or sell any financial product or security, must not be relied upon in connection with any investment decision, and should not be construed as investment, tax, legal or other advice. Some products and/or services mentioned on this website may not be suitable for you and may not be available in all jurisdictions.

Unless stated otherwise, the content of this website is communicated by Macquarie Investment Management Europe S.A. (MIME). MIME is incorporated and registered in the Grand Duchy of Luxembourg (Register of Trade and Companies number B62793, Firm Reference No. P00000118). The registered office of MIME is 10a, Boulevard Joseph II, L-1840 Luxembourg. MIME is authorised and regulated by the Commission de Surveillance du Secteur Financier. MIME is a wholly owned subsidiary of the Macquarie Group. MIME is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of MIME do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542. Macquarie Bank Limited does not guarantee or otherwise provide assurance in respect of the obligations of this entity. Other members of the Macquarie Group are subject to regulation in the regions in which they operate. Further information can be found on this website or by contacting us.

Investments in any of the above Funds are not deposits with, or other liabilities of, Macquarie Bank Limited (MBL) or of any other Macquarie Bank Group company and are subject to investment risk, including possible delays in repayment and loss of income and capital invested. MBL is authorised by the Australian Prudential Regulations Authority to conduct banking activities in Australia. MBL London branch is authorised by the Australian Prudential Regulation Authority. Authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of the regulation of MBL London Branch by the Prudential Regulation Authority are available upon request.

Neither MBL nor any other member of the Macquarie Bank Group guarantees any particular rate of return on, or the performance of, any of the above Funds, nor do they guarantee the repayment of capital from any of those Funds.

This is a marketing communication. Please refer to the Prospectus and the KIIDs when making any final investment decision.

A summary of investor rights (in English) is accessible at The Management Company may decide to terminate the arrangements made for the marketing.