Terms of Use & Legal Notice (Disclaimer)

1. Declaration of acceptance by the user
   By utilizing the website www.finecapital.ch (or a page diverted to this web address; hereinafter referred to in toto as the "Finecapital website") you confirm that you have read and understood and accept the following Conditions of Use including the Legal Conditions. If you do not accept these Conditions of Use please do not visit the Finecapitalwebsite again.

2. Limited access
   The Finecapitalwebsite is not intended for legal and natural persons who, for reasons of nationality, business headquarters, place of residence or for any other reasons, are subject to a legal system which bans or restricts in particular

   • the publication of the contents,
   • access to the Finecapitalwebsite,
   • the activities of a foreign financial services provider,
   • the admission of financial products (e.g. funds).

   Moreover it is not intended for use by legal or natural persons in countries where FinecapitalAG or any companies associated with it do not have the required registration and authorization to operate.
   
   Persons who are subject to any one or all of these restrictions may not access the Finecapital website. This applies in particular to citizens of the USA, UK, Canada, Japan, China and Singapore, or persons resident in the afore-mentioned countries. Please find out about the corresponding legal restrictions in your country.

3. Property rights
   All elements on the Finecapital website are protected as intangible property and are owned by FinecapitalAG or by third parties. The utilization of the Finecapitalwebsite does not entail the transfer of any rights, in particular any rights relating to software, brand names or elements of the Finecapitalwebsite. Copyright indications and brand names may not be changed or removed. Elements of the Finecapitalwebsite may not be reproduced in their entirety or in part without reference to the full source. The contents of the Finecapitalwebsite may not be reproduced or utilized for public or commercial purposes without the prior written agreement of FinecapitalAG.

4. Not a replacement for consulting
   The information and opinions published on the Finecapitalwebsite are of a general nature. They are neither intended nor suitable for replacing individual consulting by specialised staff who will take into account the actual circumstances prevailing in a given individual case. For this reason they do not represent legal, fiscal, financial, economic or any other advice and not be utilized as an investment aid.

5. No offers
   The information and opinions published on the Finecapitalwebsite do not constitute publicity or recommendations and should not be construed as a demand, an offer or an invitation to submit an offer:

   • for acquiring or selling investment tools,
   • for carrying out any sort of transactions,
   • for completing any other kind of legal business.

   The sole purpose of the Finecapitalwebsite is to provide information.

6. Future performance (indication of risk)
   The future performance of an investment tool cannot be deduced from past movements in the rate, in other words, the security may rise or fall. How the security has behaved in the past is therefore no guarantee for its future value. In the case of certain investment tools, the loss of the total capital invested is also possible in extreme cases. Moreover, fluctuations in exchange rates may also affect the investment.

7. No Guarantee
   FinecapitalAG offers no guarantees (including liability towards third parties) nor assurance for

   • the actuality, precision, reliability or completeness of the contents of the Finecapitalwebsite,
   • the results obtained utilizing the Finecapitalwebsite,
   • the contents of third parties that are found on or accessible via the Finecapitalwebsite.

   Furthermore, FinecapitalAG shall not be held liable for and cannot guarantee that

   • the functions on the Finecapitalwebsite work without fault and are available without interruption,
   • theFinecapitalwebsite and other components utilized through access to the Finecapitalwebsite are free of viruses, etc.

   FinecapitalAG also offers no guarantee for

   • the increase or stability of the value of capital invested in investment tools,
   • the level of future dividends.

8. Links
   FinecapitalAG has not verified third parties' websites linked to the Finecapitalwebsite and cannot be held liable for the actuality, precision, reliability, completeness or legality of the contents and offers on such websites. The user therefore accesses such web pages at his or her own risk.
   Web links may only be included in websites outside anFinecapitalwebsite with the prior agreement of FinecapitalAG.

9. Exclusion of liability
   FinecapitalAG or any companies, partners, boards of directors, employees or representatives linked to it refuse all liability (including for negligence and towards third parties) for direct or indirect damage or consequential damage that may occur in direct or indirect connection with the utilization of the Finecapitalwebsite.

10. Reservations
    FinecapitalAG reserves the right to modify any information, opinions, performance or other data, links, etc. at any time without prior notice to users.
    Moreover, Conditions of Use may also be changed and the use of the Finecapitalwebsite may also be restricted or terminated without prior notice.
    The English version of the Finecapitalwebsite is a translation. Finecapitalcannot exclude and is not liable for translation errors of any kind. In case of doubt, the original German version shall apply.

11. Place of jurisdiction
    Insofar as a legal position arises between FinecapitalAG and the users of the Finecapitalwebsite, this is subject to Swiss legislation. The sole place of jurisdiction shall be Bern, Switzerland.