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The content provided by Alphatech GmbH, including newsletters, portfolio models, research notes, reports, website materials, videos, and any other documents (collectively the “Information”), is produced for informational and educational purposes only. Alphatech GmbH is not a financial advisor and does not provide personalised investment advice, portfolio management, or any services regulated under the Wertpapieraufsichtsgesetz (WAG), the EU MiFID II, or equivalent regulations in other jurisdictions.

The Information reflects general market analysis, macroeconomic commentary, and theoretical portfolio models that do not take into account the personal circumstances, financial situation, objectives, risk tolerance, or needs of any individual. Nothing in the Information should be interpreted as an individual recommendation, suitability assessment, or solicitation to buy or sell any financial instrument.

Past performance — whether real, simulated, or theoretical — is not a guarantee nor an indication of future results. Theoretical model performance is calculated using standardised assumptions that do not reflect any investor’s real portfolio, costs, taxes, timing, or execution conditions.

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