20
&RPSDWLELOLGDGHOHFWURPDJQpWLFD&(0
(OSURGXFWRKDVLGRVRPHWLGRDSUXHEDVGHFRQIRUPLGDGFRQODVQRUPDVUHJXODGRUDVDFWXDOHVVREUH
VX FDSDFLGDGSDUDEORTXHDUODV(0,LQWHUIHUHQFLDVHOHFWURPDJQpWLFDVGHIXHQWHVH[WHUQDV
$OJXQRVSURFHGLPLHQWRVSXHGHQD\XGDUDUHGXFLUODVLQWHUIHUHQFLDVHOHFWURPDJQpWLFDV
8WLOLFHVRODPHQWHFDEOHV\SLH]DVGHUHSXHVWRGH$UMRSDUDHYLWDUHODXPHQWRGHODVHPLVLRQHV
R ODGLVPLQXFLyQGHODLQPXQLGDGORTXHDVXYH]SXHGHDOWHUDUHOIXQFLRQDPLHQWRFRUUHFWRGHO
HTXLSR
$VHJ~UHVHGHTXHRWURVGLVSRVLWLYRVHPSOHDGRVHQ]RQDVGHPRQLWRUL]DFLyQGHSDFLHQWHVRGH
SUHVHUYDFLyQGHYLGDFXPSODQFRQODVQRUPDVVREUHHPLVLRQHVDFHSWDGDV
:$51,1*
/RVHTXLSRVGHFRPXQLFDFLyQLQDOiPEULFRVFRPRGLVSRVLWLYRVGHUHGHVLQIRUPiWLFDVLQDOiPEUL
FDV WHOpIRQRV PyYLOHV WHOpIRQRV LQDOiPEULFRV \ VXV HVWDFLRQHV GH EDVH ZDONLHWDONLHV HWF
SXHGHQDIHFWDUDHVWHHTXLSR\VHGHEHQPDQWHQHUDXQDGLVWDQFLDPtQLPDGH PGHOHTXLSR
(QWRUQRSUHYLVWRHQWRUQRVVDQLWDULRVGRPpVWLFRV\HQWRUQRVGHFHQWURVVDQLWDULRVSURIHVLRQDOHV
([FHSFLRQHVHTXLSRVTXLU~U)\ODVDODSURWHJLGDFRQWUDUDGLRIUHFXHQFLDVGHXQ6,67(0$
0(SDUDODREWHQFLyQGHLPiJHQHVPHGLDQWHUHVRQDQFLDPDJQpWLFD
:$51,1*
'HEHHYLWDUVHXVDUHVWHHTXLSRDSLODGRRMXQWRDRWURVHTXLSRV\DTXHVHSRGUtDSURGXFLUXQ
IXQFLRQDPLHQWRLQDGHFXDGR6LWDOXVRHVQHFHVDULRGHEHREVHUYDUVHHVWHHTXLSR\ORVRWURV
SDUDYHULILFDUTXHHVWiQIXQFLRQDQGRQRUPDOPHQWH
2ULHQWDFLyQ\GHFODUDFLyQGHOIDEULFDQWHHPLVLRQHVHOHFWURPDJQpWLFDV
3UXHEDVGHHPLVLyQ
&RQIRUPLGDG
*XtD
(PLVLRQHVGH
5)&,635
*UXSR
(VWHHTXLSRXWLOL]DHQHUJtDGH5)~QLFDPHQWH
SDUDVXVIXQFLRQHVLQWHUQDV3RUHOORODV
HPLVLRQHVGH5)VRQPX\EDMDVSRUORTXH
QR HVSUREDEOHTXHFDXVHQLQWHUIHUHQFLDVHQ
HTXLSRVHOHFWUyQLFRVFHUFDQRV
(OHTXLSRHVDGHFXDGRSDUDVXXVRHQWRGRVORV
HVWDEOHFLPLHQWRVLQFOXLGRVHVWDEOHFLPLHQWRV
GRPpVWLFRV\DTXHOORVFRQHFWDGRVGLUHFWDPHQWH
DODUHGGHVXPLQLVWURHOpFWULFRS~EOLFRGHEDMD
WHQVLyQTXHDEDVWHFHDHGLILFLRVXWLOL]DGRVFRQ
ILQHVGRPpVWLFRV
(PLVLRQHVGH
5)&,635
&ODVH%
(PLVLRQHV
&(,
&ODVH$
)OXFWXDFLRQHVGHWHQVLyQ
HPLVLRQHVGHIOLFNHU
&(,
&RQIRUPH
Summary of Contents for Alpha Active 4
Page 158: ...23 HORZR SXVWH...