Please read these notes carefully. By accessing the website ("Website") of GFO Portfolio Management & Consulting AG, Jenatschstrasse 1, 8002 Zurich, or its affiliated companies ("GFO"), you declare that you have understood and accept the following terms of use and legal notices in connection with this Website and the elements contained therein.
Advertising
This website is an advertisement and is for information purposes only. Users of this website are requested to read the following information carefully and take it into account.
Restrictions
The products, services or information described on this website are intended for private, professional and institutional investors in Switzerland. In addition, the products, services or information may also be intended for private individuals and/or persons outside Switzerland, insofar as this is permitted under the applicable provisions of the country selected by the user of this website. The provisions of a country may be applicable on the basis of citizenship, domicile or for other reasons.
Access to products, services or information may be prohibited to certain persons by local regulations, in particular persons and companies based in the United States, Canada, Japan or the United Kingdom. Persons who are subject to such prohibitions are not permitted to access this website. This website is not directed to any person who is prohibited from accessing it due to restrictions applicable in their jurisdiction. Please contact a competent advisor for further details.
No offer
The information and opinions published on this website do not constitute a solicitation or offer to buy or sell securities or other investment products, nor do they constitute a solicitation or offer to engage in any other transactions. They are for information purposes only. The information and opinions provided on this website are not to be understood as recommendations or decision-making aids for the investor's investment and other decisions and are in no way of an advisory nature. Investors are urged to seek advice from their client advisor, to make their own enquiries or to obtain further information before making an investment decision. If a person invests in an investment product without direct contact solely on the basis of the information on this website, there is no additional duty to provide advice and the duty to provide advice is therefore deemed to have been fulfilled.
Risks
Users of this website are requested to inform themselves about the risks involved in securities trading. We strongly recommend that you read the Swiss Bankers Association's risk information brochure "Special Risks in Securities Trading", which contains information on the risks involved in securities trading. We draw the investor's attention to the fact that past performance is no guarantee of future success. The value of an investment can rise or fall at any time. It may not be possible to liquidate a position in time before a loss is incurred. Due to the possible fluctuations in value to which the invested capital may be subject, it is possible that the investor may not get back the capital initially invested. If investments are made in foreign currencies, they are also subject to currency fluctuations. In any case, you should not enter into any securities transactions without being fully aware of the associated risks and having gained an understanding of the financial viability of substantial losses. In particular, we recommend that you do not make any investments without professional advice.
Remuneration policy
The GFO has issued internal regulations for the remuneration of its employees and governing bodies. The purpose of these regulations is to ensure that the GFO complies at all times with all legal and regulatory requirements, internal guidelines and market standards as well as rules of conduct with regard to remuneration. The rules have the following objectives in particular:
- Protecting the interests of customers, investors and shareholders;
- Promoting and protecting the reputation and sustainable and long-term development of the company;
- Preventing breaches of regulations that could lead to legal and regulatory sanctions, financial loss or reputational damage; and
- Prevent inappropriate risks from being taken in order to achieve short-term success.
Sustainability
Certain GFO investment strategies selectively integrate sustainability criteria in the selection of positions. Sustainability means striving for economic success and long-term value creation while at the same time taking non-financial factors into account. At the discretion of the GFO, topics such as corporate strategy, corporate governance, transparency and a company's product and service offering can be taken into account for the assessment. The primary aim of the assessment is to measure a company's resilience to long-term, industry-relevant environmental, social and governance (ESG) risks. The GFO may rely on data from third-party providers. The GFO does not evaluate any adverse effects of investment decisions on sustainability factors. Such specific effects cannot currently be measured for the investment strategies used.
Taxes
GFO's services do not include advice on the client's tax situation or legal advice. The client's tax situation in his country of domicile is not the responsibility of the GFO, but that of the client. GFO recommends that the client obtain appropriate advisory services from a local tax specialist or legal advisor. The client is responsible for ensuring that the assets currently and in the future held at the bank and the income, capital gains and the like generated with them are properly declared to the competent tax authorities and will continue to be properly declared in the future. The client is responsible for all tax liabilities in connection with the assets managed by the asset manager.
Warranty and liability
GFO takes the necessary technical and organizational precautions in the design and operation of its websites to ensure their operation. Nevertheless, errors such as loss or falsification of data, virus attacks, operational interruptions, etc. cannot be ruled out. In particular, there is a possibility of deviations in automatically generated and displayed data. Access to the websites is at the user's own risk. In particular, the GFO does not guarantee that the website will function or that it will function without errors. Nor can it guarantee that the website or the respective server is free from viruses or harmful components.
The GFO also expressly reserves the right to interrupt or, in serious cases, block access to the websites if security risks are identified. Any liability of the GFO for any damage or consequential damage resulting from the interruption or blocking is excluded.
The GFO websites may contain links to other websites. The GFO has not checked these websites and accepts no responsibility for their content, the products, services or other offers made on them or for compliance with data protection regulations. Activating a link is always at your own risk.
Any liability of the GFO, in particular for financial losses arising from investment activities, as well as for damages or consequential damages resulting from access to its websites or to individual elements of websites or their use (or from the impossibility of access or use), is excluded.
Copyrights
All elements on the GFO websites are protected by copyright and belong exclusively to GFO (© 2023 GFO Portfolio Management & Consulting AG, all rights reserved). The downloading, printing, copying, saving and editing of website content, in whole or in part, is permitted for private use only.
If elements are reproduced in whole or in part in any form, electronically or in writing, the express citation of the GFO is required. Copyright notices, brand names and other legally protected designations may not be changed or removed.
The complete or partial reproduction, electronic or other means of transmission, modification, linking or use for public or commercial purposes is prohibited without the prior express consent of GFO. The copyrights of third parties are reserved.
Processing of data
We require personal information about our clients and their financial circumstances in order to be able to serve them. This is based on the legal requirements applicable to our activities, in particular in the areas of financial services and money laundering, and includes in particular information on knowledge and experience in the financial sector, financial circumstances such as assets, income and liabilities, investment objectives and information on the origin of the assets. Our processing of data is based exclusively on our legitimate interests in staying in contact and communicating with you as a potential client or business partner, or in looking after you as a client or business partner. For this purpose, the data is made accessible to our employees and directors. In the context of delegation and contractual relationships, third parties may be involved who comply with the relevant regulations. The data of GFO Portfolio Management & Consulting AG is held by a delegated IT service provider, which guarantees compliance with the relevant regulations. Your personal data will not be transferred to third parties for purposes other than those mentioned. Data will only be disclosed abroad if appropriate data protection is guaranteed. Of course, we will also provide you with information about the personal data we have stored about you at any time. We will also be happy to correct or delete this data at your request, provided there are no statutory retention obligations to the contrary. To contact us in this regard, please use the contact details provided in this legal notice. When users leave comments on our website, the time they were created and the user name previously selected by the website visitor are stored in addition to this information. This is for our security, as we can be prosecuted for illegal content on our website, even if it was created by users.
Responsibility for data protection
The GFO Compliance Office is responsible for compliance with the applicable data protection regulations. It can be contacted at +41 44 390 31 33, by post to GFO Portfolio Management & Consulting AG, Jenatschstrasse 1, 8002 Zurich or by e-mail to jessica.feustle@gfo-pm.ch.
You can exercise the following rights at any time by contacting the Compliance Office:
- Information about your data stored by us and its processing,
- Correction of incorrect personal data,
- surrender or deletion of your data stored by us,
- Restriction of data processing if we are not yet permitted to delete your data due to legal obligations,
- Objection to the processing of your data by us,
- Data portability, provided that you have consented to the data processing or have concluded a contract with us.
- If you have given us your consent, you can revoke it at any time with effect for the future.
You can also contact the supervisory authority responsible for you at any time with a complaint. We only process your personal data for the purposes stated in this legal notice.
Cookies
The GFO uses the "Real Cookie Banner" consent tool to manage the cookies and similar technologies used (tracking pixels, web beacons, etc.) and related consents. Details on how "Real Cookie Banner" works can be found here.
The legal basis for the processing of personal data in this context is Art. 6 para. 1 lit. c GDPR and Art. 6 para. 1 lit. f GDPR. The legitimate interest of the GFO is the management of the cookies and similar technologies used and the related consents.
The provision of personal data is neither contractually required nor necessary for the conclusion of a contract. You are not obliged to provide the personal data. If you do not provide the personal data, we will not be able to manage your consents.
E-mail communication
Please note that e-mail communication is generally open and unencrypted. It can therefore not be ruled out that data sent or received on this website can be viewed by third parties and that contact with parties communicating in this way can be traced. Confidentiality in e-mail communication is therefore not always guaranteed.
Lack of communication
The GFO is obliged to ensure that contact between the client and the asset manager is maintained or can be re-established. To ensure that assets are not completely forgotten by the client or their heirs, the GFO relies on the assistance of its clients. Please inform the GFO if the address you are using is no longer correct. Inform the GFO if you are going away for a longer period of time and your mail is to be delivered to a third party. One way to avoid being left without a message is to inform a trusted person about your customer relationship. However, the GFO can only provide such a person with information if you have authorized it to do so in writing.
Ombudsman's office
The GFO is affiliated to the Swiss Financial Ombudsman's Office (FINOS). Our clients can also contact the ombudsman's office with questions and complaints. FINOS is neutral and endeavors to work out amicable solutions for all parties in arbitration proceedings and to avoid costly legal disputes. The ombudsman's office can be contacted as follows:
Financial Ombudsman Service Switzerland (FINOS)
Talstrasse 20 CH-8001 Zurich
Phone +41 44 552 08 00
info@finos.ch
Applicable law and place of jurisdiction
All legal relationships arising from access to the GFO websites are subject to Swiss law. The exclusive place of jurisdiction is Zurich.
Subject to change
The GFO expressly reserves the right to change information on its website at any time without prior notice.
Status: 17.10.2023
