Outlook 2026

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IMPORTANT INFORMATION
This advertising document is for information purposes only and does not constitute investment advice on financial products. Due to its simplified nature, the information contained in this document may only be partial. It may be subjective and is subject to change without notice. All data has been established in good faith on the basis of market information. No guarantee can be given as to the accuracy of any information obtained from external sources.
The investment concerns the subscription of units in a collective investment scheme and not the underlying assets. UCIs do not offer a capital guarantee.

The offer of units of UCIs may be restricted or prohibited by law in certain jurisdictions. Before making any offer, it is advisable to check in which countries the UCI(s) referred to in this document are registered for marketing. The UCI may not be subscribed or held by a Non-Eligible Person or by a Non-Eligible Intermediary (see the section on "Eligible subscribers" in the prospectus).

This document may not be reproduced in any form or transmitted to any person other than the person to whom it is addressed without the prior written consent of Ellipsis AM.

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Société de gestion de portefeuille agréée par l'AMF sous le n° GP 11000014
S.A. à directoire et conseil de surveillance au capital social de 2 307 300 euros 
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