Copyright © 2023 TAM Europe Asset Management A.V., S.A.U. All Rights Reserved. Past performance is not a guide for future returns. The value of investments and the income from them, can go down as well as up and may fall below the amount initially invested. TAM Europe Asset Management A.V., S.A.U. is authorised and regulated by the Comisiόn Nacional del Mercado de Valores (CNMV), No. 295. Registered office: Port Adriano, Nivel 1, Local 12, Urbanización El Toro s/n, 07180 Calvià, Mallorca, Spain.