DISCLAIMER

This document was produced by The Forum Finance Group S.A.. Its content is intended for informational purposes only and is not to be construed as a solicitation or an offer to buy or sell any securities or insurance product. Neither is the information contained herein intended to constitute any form of legal, fiscal, accounting or investment advice. It should therefore only be used in conjunction with appropriate independent professional advice obtained from a suitable and qualified source. No representation or warranty, whether expressed or implied, is made in relation to the accuracy, completeness or reliability of the information contained herein, except with respect to information concerning The Forum Finance Group S.A.. All information in this document is based on The Forum Finance Group S.A.’s understanding of the laws of Switzerland and any other jurisdiction referred to herein, as in force at the date of this document. The Forum Finance Group S.A. is not liable for the consequences of any change in law or revenue practice arising at any time close to or after the date of the document. Past performance is not a guide to future performance and the value of investments and income from them can fall as well as rise or cease to exist at all. Investments in securities carry a high degree of risk. You should note that high performance targets can only be achieved through accepting higher risk to the portfolio.

The Forum Finance Group S.A. is registered as Investment Adviser (RIA) with the U.S. Securities and Exchange Commission (SEC) and authorised as Asset Manager by the Swiss Financial Market Supervisory Authority FINMA. The Forum Finance Group S.A. is registered at 6 rue de la Croix d’Or, CH-1204 Geneva, Switzerland, telephone +41 22 311 8400.

This document may not be reproduced in whole or in part or circulated to other persons without The Forum Finance Group S.A.’s prior written approval.

 

TERMS OF USE

The website www.ffgg.com (“Website”) is provided by The Forum Finance Group SA (“FFG”), a Swiss based investment adviser regulated by the FINMA

1. CONSENT

Please read the following terms and conditions of use (“Terms”) carefully before using the Website www.ffgg.com. By accessing the Website, you agree that you understand and fully accept these Terms. If you do not understand or do not accept any provisions of the Terms, please leave the Website. Viewing this Website does not create an engagement or client relationship with FFG.

FFG reserves the right to change, modify, add or remove parts of these Terms from time to time at its own discretion. Therefore, please read these Terms whenever you access the Website and check whether you agree with the new Terms. You acknowledge that by accessing the Website after we have posted changes to these Terms, you are agreeing to these Terms as modified. If you do not understand or do not accept any provisions of the present Terms, please leave the Website.

2. LIMITED ACCESS

This Website must not be accessed by any person who (by reason of that person’s nationality, residence or otherwise) is subject to any jurisdiction prohibiting publication of the contents of the Website or access to the Website (for whatever reasons). Persons to whom such restrictions apply are not allowed access to the Website.

3. US-RESIDENT CLIENTS

Please note that FFG is registered as a foreign investment advisor with the US Securities and Exchange Commission as amended (the “Advisers Act”). Please note that the provisions of the Adviser Act only apply to US-resident clients. US-resident clients are only offered the services as outlined on the Website.

4. NO OFFER

The information and opinions published on the Website do not constitute an advertisement or a recommendation, solicitation, offer or invitation to submit an offer to (i) purchase or sell any investment instruments, (ii) perform any other transactions, or (iii) conclude any other legal transactions. They are merely for information purposes.

5. NO ADVICE

The information and opinions published on the Website are not to be construed as investment advice or any other kind of advice on legal, tax, financial or other issues. They are not suitable to be used as a basis for decision-making. Please note that FFG is not a law firm or accounting firm and does not provide legal or accounting advice for US-resident clients. Please consult a specialized expert before making any decision to take concrete action.

6. NO REPRESENTATION OR WARRANTY

FFG provides no representation or warranty (neither express nor implicit) that the information and opinions published on the Website are correct, accurate, reliable, complete, true and up-to-date. FFG does not represent or warrant that the Website will be uninterrupted, that any defects will be corrected, that the site is free of viruses or other harmful components.

In particular, FFG is in no way obligated to update outdated information or opinions, remove them from the Website or mark them correspondingly. The information and opinions contained on the FFG-Website are subject to change at any time without notice. Likewise, FFG assumes no responsibility and gives no warranty that (i) the Website will perform without error or interruption, and (ii) that the FFG-Website and all other components used in accessing the Website contain no harmful elements (particularly viruses).

We wish to point out that past performance of an investment instrument is not necessarily indicative of its performance in the future. Investing is inherently risky and could include the complete loss of principal invested. Moreover, investments in foreign currencies are subject to exchange rate fluctuations. Also, distributions in connection with an investment instrument may vary. FFG does not offer any guarantees of success and does not provide any warranty for (i) the increase in or maintenance of the value of investment instruments and (ii) the amount of future distributions.

7. NO LIABILITY

Liability of FFG, its employees, directors, officers and shareholders for damage of any kind (including consequential damage) directly or indirectly resulting from access to the Website shall be excluded. FFG shall have no liability for any losses or damage arising from the use of or reliance on the information contained on the Website, including, without limitation, any loss or profit or any other direct or indirect damage.

8. NO ORDERS

The entry fields on the Website must not be used for placing orders (e.g. orders for the purchase/sale of investment instruments) with FFG. Any orders placed that way will not be executed by FFG. A corresponding notice to the sender is not required. As a general rule we do not execute purchase/sale orders received from US resident clients.

9. INVESTMENT FUNDS & INVESTMENT BANKING PRODUCTS

The Website contains information on investment funds and macro-economic outlooks. FFG provides no warranty (neither express nor implicit) that the information and opinion published on the Website are correct, accurate, complete true and up to date.

10. INTELLECTUAL PROPERTY

All elements contained on the Website are protected by intangible property rights and are owned by FFG or third parties. The downloading or printing of elements of the Website does not involve the transfer of any rights whatsoever, particularly no rights relating to software, trademarks or elements of the Website. Notices relating to copyrights and brands must neither be changed nor removed. The reproduction of elements of the Website in whole or in part, in whatever form (particularly in electronic or printed form), is only allowed with full acknowledgment of source. The publication of reproduced elements of the Website is only allowed with the prior written consent of FFG and with full acknowledgment of source.

11. POTENTIAL CONFLICTS OF INTEREST

It is possible that FFG itself or its directors or employees invested, are investing or will invest in investment instruments with respect to which the Website contains information or opinions. Moreover, it is possible that FFG provided, is providing or will provide services to the issuers of such investment instruments. Furthermore, it cannot be excluded that employees or directors of FFG engaged, are engaging or will engage in activities for the issuers of such investment instruments, e.g. as directors. FFG itself or its directors or employees could therefore have an interest in the future performance of investment instruments.

12. LINKS TO OTHER WEBSITES

The Website may contain links to websites which are not reviewed by FFG. FFG has not investigated such websites and is not responsible for their contents. The use of such links is for your convenience only and you access them at your own risk.

13. APPLICABLE LAW & PLACE OF JURISDICTION

The use of the Website as well as these Terms is subject to the laws of Switzerland. The exclusive place of jurisdiction is Geneva, Switzerland.