ETF share classes are subject to risks relating to listing, liquidity, trading and settlement. There can be no guarantee that once the shares are listed or traded on a stock exchange they will remain listed or traded on that stock exchange.
As the market price at which the shares are traded on the Secondary Market may differ from the Net Asset Value per share, investors may pay more than the then current Net Asset Value when buying ETF shares and may receive less than the current Net Asset Value when selling them.
ETFs may also involve fees and tax considerations that affect overall investment returns.
Some of the other principal risks of investing in the Portfolios include Convertible securities risk, Concentration risk, Currency risk, Debt securities risk, Derivatives risk, Depository receipts risk, Emerging-markets risk, Hedging risk, Leverage risk, Market risk, Prepayment risk, Sustainability risk and Systematic/Quantitative Model risk. A full explanation of the risks is provided in the Portfolio’s Prospectus.
The Portfolio is meant as a vehicle for diversification and does not represent a complete investment program. Prospective investors should read the Prospectus, which includes Sustainability-Related Disclosures, and discuss risks and the Portfolio’s fees and charges with their financial advisor to determine if the investment is appropriate for them.
AB Euro Corporate Bond Portfolio, AB USD Corporate Portfolio and AB Global Corporate Portfolio are sub-funds of AB SICAV I, an open-ended investment company with variable capital (société d’investissement à capital variable) incorporated under the laws of the Grand Duchy of Luxembourg.
The sale of AB funds may be restricted or subject to adverse tax consequences in certain jurisdictions. This information is directed solely at persons in jurisdictions where the funds and relevant share class are registered or at those who may otherwise lawfully receive it. Before investing, investors should review the Fund’s full Prospectus, together with the Fund’s KIID or KID and the most recent financial statements. Copies of these documents, including the latest annual report and, if issued thereafter, the latest semiannual report, may be obtained free of charge from AllianceBernstein (Luxembourg) S.à r.l. by visiting www.alliancebernstein.com or www.eifs.lu/alliancebernstein, or in printed form by contacting the local distributor in the jurisdictions in which the funds are authorised for distribution.