The following section of the website of LLB Swiss Investment AG (which is responsible for the website and is hereinafter called "LSI") contains information and opinions on investment instruments, products and services (hereinafter collectively called "Financial Products"). You may visit the Financial Products section only if you carefully read the following important legal information for financial products, and then accept these. 

By declaring your acceptance, you declare that you have understood the legal information and that you expressly agree thereto.

The following section on Financial Products contains information and opinions on collective capital investment schemes (“investment funds”)  that may be subject to registration obligations in various countries. 

This section is not intended for natural persons or legal entities for whom the use or access to the LSI website would breach the legal system of their state on account of their nationality or the domicile of the respective person or for other reasons. This applies in particular to persons domiciled in Great Britain, Japan and the USA. 

This website is intended for investors who are domiciled in Switzerland. By accepting the present legal information, the visitor to this website confirms that he is an investor who is domiciled in Switzerland. 

The content published in the Financial Products section represents neither a recommendation, nor an offer to acquire, hold or sell the aforementioned Financial Products or to perform any other financial or legal transactions. It is designed exclusively for personal use as well as for information purposes, and like the present Legal Information for Financial Products may be amended at any time by LSI without prior notice. 

Before investing in a financial product, you should inform yourself by carefully reading the available current legal documents as well as all other documents that might be required pursuant to local statutory and regulatory provisions, (e.g. prospectus, key investor information document, as well as annual and interim report of a collective capital investment scheme). It is particularly important to study in detail the legal information and risk notices contained therein. 

The investment funds are not suitable for all investors. For this reason, we recommend that you contact an independent and qualified financial advisor in order to ascertain whether the investment in units of a specific collective capital investment corresponds to your specific requirements and risk capacity.

The basic rules: The higher the risk (price fluctuations), the longer the investment period should be, and the higher the earnings potential is. The value of the invested capital as well as the resulting earnings (e.g. distributions linked to collective capital investment schemes) is subject to fluctuations, or may not materialize at all. 

Investments in foreign currencies are subject to direct and indirect exchange rate fluctuations. Individual Financial Products are essentially subject to higher risks (e.g. collective capital investment schemes that invest in emerging markets and/or in equities of small-cap corporations and/or in high-interest bonds.

The essential risks are described in detail in the respective current fund documents, which must be read carefully before an investment is made.

The performance data were calculated on the basis of the reinvestment of any possible distributions, and without taking account of the fees and costs imposed at the time of issue and redemption of fund units, which have a negative impact on the performance. 

A positive performance (development of value) in the past is no guarantee for a positive performance in future. For this reason, LSI and its contracting partners cannot provide any guarantee for the preservation of the value (or even a rise in the value) of the invested capital, and investors must be willing or able to absorb possible substantial losses or even total losses. 

LBSI exercises the greatest possible care when compiling the content relating to the Financial Products. LSI and its contracting partners accept no warranty or liability vis-à-vis third parties concerning the accuracy, topicality and comprehensiveness of the published content. In particular, LSI is under no obligation to update the content or to delete out-of-date content.

In addition, LSI assumes no responsibility and provides no guarantee that the functions of the website containing content about the Financial Products will not be interrupted or are free of errors, that errors will be rectified, or that the website or the respective server are free of viruses or other harmful components and programs.

Furthermore, links exist on the LSI website that lead to third-party websites. These links are entirely beyond the control of LSI. For this reason, LSI accepts no responsibility whatsoever for the accuracy, comprehensiveness and lawfulness of the content of such websites, or for any possible offers and services that these contain. 

LSI and its contractual partners reject, insofar as this is permitted by law, any liability (including negligence and liability vis-à-vis third parties) for any possible losses arising out of direct, indirect or consequential damages of any nature whatsoever associated with the use of the website and its content or with the risks of financial markets. 

The legal documents of the collected capital investments listed in the following section on Financial Products are also available free of charge from the following address: LLB Swiss Investment AG, Claridenstrasse 20, PO Box, CH-8024 Zürich.

All content of this website is copyright-protected and is owned by LSI, unless otherwise expressly declared. No part of this website grants any possible license or utilization rights to images, trademarks or logos. Downloading or copying from the websites shall not cause any legal entitlements to the website software or the content of the website.

Any possible reproduction, linking or re-publication of the content of this website shall be subject to the written consent of LSI. 

LSI does not gather any sensitive personal data (such as for example about ethnic origin, religion or medical data) and does not forward any such data to any third party. 

Cookies are small text files that are saved on your computer, smartphone or any other device if you visit certain websites. They are used to facilitate the function of websites, or to provide the owners of a website or third party who has access to the data of the website with information. 

The content of the cookies is normally the settings selected by the user. In addition, however – unbeknown to the user – information about the evaluation of surfing behavior may be stored in cookies. You may use your computer settings to block cookies of all kinds. This will mean, however, that certain areas of the LSI website will not function properly. The manner in which you can block or even delete cookies is dependent on your internet browser.

The LSI website uses cookies in order to a) save the utilization and display settings of our users, and by this means to make navigation easier the next time they visit; b) save data about the personal details of our users, enabling them to be recognized the next time they visit, saving them the need to complete the form anew; c) save the investor profile of our users, enabling them to confirm the possible required "disclaimer" accordingly; d) record the number of hits and the visited pages as well as the activity of users on this website. 

This statistical information enables us to bring our website into line with the expectations of users, as well as to improve its function and performance.

Access to and use of the LSI website as well as the present important legal information for financial products is governed by Swiss law. The exclusive place of jurisdiction is Zurich.