Make your
money dance

Disclaimer

1. The “10%+ average historical return” refers to the gross average IRR of 11.77% achieved by investors on the ANote Music platform from 31 August 2020 to 31 March 2025. This figure is based on a weighted average across all catalogues, includes both royalty income and price performance, and assumes full reinvestment of royalties into all available catalogues at the time of each distribution. Returns are calculated gross of royalty distribution fees. Past performance is not indicative of future results. These returns are historical, not guaranteed, and may not be representative of future platform activity. All figures are based on internal analysis and are provided for informational purposes only.
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2. The 40/60 Benchmark reflects a traditional balanced portfolio composed of 60% Euro-denominated global equity index and 40% Euro-denominated investment-grade bonds. It is used as a comparative reference for evaluating the risk-return profile of music royalty investments. It is calculated using monthly total return data, weighted 60% in a broad global stock index (MSCI World Net EUR Index) and 40% in a Euro Aggregate Bond index (proxied via a representative ETF). The portfolio is rebalanced monthly, and all dividends and interest payments are assumed to be reinvested.
Disclaimer: Benchmarks are provided for illustrative purposes only. They are not investable; they do not reflect actual investment outcomes. Past performance is not indicative of future results. Indices are unmanaged and do not account for fees, trading costs, or market frictions.
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3. Yields are based on trailing 12-month income (dividends, interest or royalty payments) divided by average asset value. ANote Music yield represents the royalty yield received by investors in the previous twelve months (TTM - trailing twelve months). Other yields are sourced from publicly available ETF data and central bank publications. Past performance is not indicative of future results. Sources: EU High Yield Bonds: iShares € High Yield Corp Bond UCITS ETF; Real Estate(EU): Schroder European Real Estate Investment Trust; € Corporate Bonds: iShares Core € Corp Bond UCITS ETF EUR (IEAC); European Stocks: Euro Stoxx600;€ Govt Bonds: iShares € Govt Bond 7-10yr UCITS ETF; Cash: ECB Deposit Rate; World Stocks: MSCI World.
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ANote Music is a marketplace for buying and selling royalty interests and/or intellectual property rights and, as such, it does not constitute activities of the financial sector in Luxembourg and therefore ANote Music is not subject to the Luxembourg financial sector regulator (Commission de Surveillance du Secteur Financier - CSSF).  Royalty interests are the contractual right to perceive future music royalty income that is generated by various types of intellectual property rights/copyrights. Neither music royalties nor royalty interests constitute “financial instruments” within the meaning of the MiFID (the Directive 2014/65/EU of 15 May 2014 on markets in financial instruments) and the LFS (the Law of financial services of 5 April 1993, as amended) which is implementing the MiFID in Luxembourg.

None of the price quotations, information, news and research accessible on the website and the marketplace or shared through any other communication channels by ANote Music or its Affiliates constitute advice, recommendations or solicitation to any person in any jurisdiction to buy, sell or invest in any asset, royalty interests, intellectual property rights. Any decision made by a person to participate in ANote Music marketplace’s activities should be made on the basis that such an activity complies with any applicable local laws and regulations to which the user is subject to. The user should not access the ANote Music marketplace if such an activity does not comply with any applicable local laws and regulations to which the user is subject to. 

Keep in mind that purchasing royalty interests and/or intellectual property rights involves risk and you may lose the invested capital. The value of your royalty interests or intellectual property rights will fluctuate over time and you may gain or lose money. Past performance is not a guarantee of future returns, nor is it necessarily indicative of future performance. This disclaimer cannot disclose all of the risks and other significant aspects of dealing with royalty interests and intellectual property rights. You should satisfy yourself that you fully understand the conditions which apply to such assets, our services and the potential risk exposures. The images and pictures on the website and on ANote Music marketplace are merely illustrative and may contain data that are no longer updated or valid. Please always refer to the current pricing and valuation of royalty interests or intellectual property rights, as the case may be, in the relevant section on ANote Music marketplace.