Shares in classes with “Q” in their name are available:

1) For distribution from an eligible country as defined by ‘List A’
2) To investors domiciled in other countries and authorised in writing by UBS AG, if they are professionals of the financial sector; and who make the following investments in their own name and:
    (a) on their own behalf; 
    (b) on behalf of their clients within a discretionary mandate; or 
    (c) on behalf of a collective investment managed by a professional of the financial sector,

In cases (b) and (c), said professional has been duly authorised by the supervisory authority to which he/she is subject to carry out such transactions, and is domiciled in an eligible country as defined by ‘List B’ and/or is operating on behalf of another professional of the financial sector who has been authorised in writing by UBS AG and is domiciled in one of the countries covered by ‘List B’.

Admission of investors in further distribution countries (lists A and B) shall be decided by the Board of Directors at its sole discretion. Please find below current lists A and B:

A:  GB, GG, HK, IE, IM, JE, NL, SG
B:  AD, AT, BE, BG, CH, CY, CZ, DK, EE, FI, FR, DE, GR, HU, IS, IT, LV, LI, LT, LU, MT, NO, PL, PT, RO, SK, SI, ES, SE