Invitation to Lunch Presentation of Nordea Unconstrained Bond Fund on 23 September 2014

We cordially invite you to join us for a lunch presentation with special guest Louis N. Cohen, CFA, Senior Portfolio Manager of the Nordea 1 - Unconstrained Bond Fund. The fund is sub-advised by the reputable fixed income house, MacKay Shields LLC, in New York. Lou and the Global Fixed Income team at MacKay Shields manage USD 54.5 billion ¹ of fixed income assets.

Join us for Lou's macro insights as well as rationale behind the current positioning of the Nordea 1 - Unconstrained Bond Fund. While the UCITS-compliant Nordea 1 - Unconstrained Bond Fund was recently launched in November 2013, MacKay Shields has been managing the Unconstrained Strategy successfully since January, 2010.

The above chart does not represent the performance of the Nordea 1- Unconstrained Bond Fund.Source: MacKay Shields LLC; Date: 30.06.2014

¹Gross of fees, MacKay Shields' Unconstrained Bond Composite. Request composite disclosure for more information. Securities of the New York Life Investment sponsored mutual fund utilizing the investment strategy above are distributed by NYLIFE Distributors LLC, 169 Lackawanna Ave Parsippany, NJ 07054.The Barclays US Aggregate Index and 3-month LIBOR Index are shown for comparative purposes only.

The performance represented is historical; past performance is not a reliable indicator of future results and investors may not recover the full amount invested.

MacKay's sub-advised MainStay Unconstrained Bond Fund2 (for US-based investors) was recently named a 2014 Lipper Fund Award Winner in Lipper's new category "Alternative Credit Focus Funds" for the 3- and 5-year periods.

Tuesday, 23 September 2014
Hôtel de la Cigogne

17, Place Longemalle, 1204 Genève

Do you want to participate?

Should you not be able to use above links, please register by email or phone.

For more information or interview requests with Lou Cohen please contact:

Communicators

Christian R. Weber - Tel.: +41 44 455 56 66 - christian.weber@communicators.ch

Disclaimer:
1 Source:: MacKay Shields LLC. Date: As of 30.06.2014
2 The MainStay funds may be offered and sold only to persons in the United States. US residents may call 1-S00-MAINSTAY for a prospectus and, if available, a summary prospectus. Investors are asked to consider the investment objectives, risks and charges and expenses of the investment carefully before investing. The prospectus and, if available, a summary prospectus, contains this and other information about the investment company. Please read the prospectus and, if available, a summary prospectus carefully before investing. Class I shares won the Lipper Fund Award for the 3- and 5-year periods out of 54 and 38 eligible funds, respectively, in the Lipper Alternative Credit Focus Funds Category. Lipper Fund Awards honour funds that have outperformed peers based on risk-adjusted, consistent return. Award based on performance history as of 30.11.13. Past performance is not a reliable indicator of future results. Securities distributed by NYLIFE Distributors LLC, 169 Lackawanna Ave, Parsippany, NJ 07054.
The sub-funds mentioned are part of Nordea 1, SICAV, an open-ended Luxembourg-based investment company (Société d'Investissement à Capital Variable), validly formed and existing in accordance with the laws of Luxembourg and with European Council Directive 2009/65/EC of 13 July 2009.
This document is advertising material and does not disclose all relevant information concerning the presented sub-funds. Any investment decision in the Nordea funds should be made on the basis of the current prospectus, which is available, along with the Key Investor Information Document, the current annual and semi-annual reports, as well as the Articles of Association, electronically in English and in the local language of the market where the mentioned SICAV is authorised for distribution, without charge upon request from the Swiss Representative and Paying Agent, Nordea Bank S.A. Luxemburg, Zweigniederlassung Zürich, Mainaustrasse 21-23, CH-8008 Zürich. Telephone (+41) 44 421 42 42, Fax (+41) 44 421 42 82.
Investments in derivative and foreign exchange transactions may be subject to significant fluctuations which may affect the value of an investment. Investments in Emerging Markets involve a higher element of risk. The value of shares can greatly fluctuate as a result of the sub-fund's investment policy and cannot be ensured.
For further details of investment risks associated with these sub-funds, please refer to the relevant Key Investor Information Document, available as described above.
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