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For the purposes of the Financial Institutions Law, investments in fund shares do not constitute deposits in Banco Galicia nor do they have any of the guarantees that such time or demand deposits may enjoy by virtue of the applicable laws and regulations in Deposits in financial institutions matters. Moreover, Banco Galicia is not authorized by the Argentine Central Bank rules to assume, tacitly or expressly, any commitment regarding the maintenance, at any time, of the value of the invested capital, the yield, the redemption value of shares or the granting of liquidity for this purpose. “AA PIC FCI” stands for “Agente de Administración de Productos de Inversión Colectiva de Fondos Comunes de Inversión” (Managing Agent of Mutual Funds Collective Investment Products). “AC PIC FCI” stands for “Agente de Custodia de Productos de Inversión Colectiva de Fondos Comunes de Inversión” (Escrow Agent of Mutual Funds Collective Investment Products).
For the purposes of the Financial Institutions Law, investments in fund shares do not constitute deposits in Banco Galicia nor do they have any of the guarantees that such time or demand deposits may enjoy by virtue of the applicable laws and regulations in Deposits in financial institutions matters. Moreover, Banco Galicia is not authorized by the Argentine Central Bank rules to assume, tacitly or expressly, any commitment regarding the maintenance, at any time, of the value of the invested capital, the yield, the redemption value of shares or the granting of liquidity for this purpose. “AA PIC FCI” stands for “Agente de Administración de Productos de Inversión Colectiva de Fondos Comunes de Inversión” (Managing Agent of Mutual Funds Collective Investment Products). “AC PIC FCI” stands for “Agente de Custodia de Productos de Inversión Colectiva de Fondos Comunes de Inversión” (Escrow Agent of Mutual Funds Collective Investment Products).