Disclaimer

Legal Notice

Please read the follo­wing, important Legal Notice and the Privacy Policy carefully. By acces­sing the websites of TARENO Ltd, Indepen­dent Wealth & Asset Manager, (herein­after referred to as TARENO) at www.tareno.ch  (herein­after referred to as Website), you declare that you have under­s­tood and agree to this Legal Notice and the Privacy Policy.

Access restric­tions / Target audience

The TARENO Website is intended in general for natural and legal persons as well as partner­ships and corpo­rate bodies domic­iled in Switz­er­land. Foreign legal regimes may prohibit publi­ca­tion on or access to the TARENO Website. There­fore, persons subject to such restric­tions must not access the TARENO Website. Such restric­tions apply in parti­cular to citizens of the United States of America, the United Kingdom and Japan, and to persons resident in these count­ries. We would also like to point out that these persons are not protected by local laws and other decrees appli­cable to them. It is a matter for each indivi­dual to obtain infor­ma­tion from the relevant agencies or a quali­fied advisor about the restric­tions that apply to them.

Qualfied Investors

Quali­fied investors within the meaning of CISA Article 10 paragraph 3 in conjunc­tion with Article 4 paragraphs 3–5 or accor­ding to Article 5 paragraphs 1 and 4 FinSA 20.21 are:

Super­vised finan­cial inter­me­dia­ries such as banks, securi­ties dealers, fund manage­ment compa­nies and asset managers of collec­tive invest­ment schemes as well as central banks, super­vised insurance insti­tu­tions, public-law corpo­ra­tions and pension funds with profes­sional treasury services, compa­nies with profes­sional treasury services

Wealthy private clients and private invest­ment struc­tures estab­lished for them may declare that they wish to be considered profes­sional clients (opting out).

For the purposes of paragraph 1, a high net worth client is one who credibly declares that he or she:

a.
has, on the basis of personal training and profes­sional experi­ence or compa­rable experi­ence in the finan­cial sector, the knowledge neces­sary to under­stand the risks of the invest­ments and has assets of at least 500,000 Swiss francs; or
b.
has assets of at least 2 million Swiss francs.
Quali­fied investors within the meaning of CISA Article 10 paragraph 3 also include private clients for whom a finan­cial inter­me­diary within the meaning of Article 4 paragraph 3 letter a FinSA or a foreign finan­cial inter­me­diary subject to equiva­lent pruden­tial super­vi­sion provides asset manage­ment or invest­ment advice within the meaning of Article 3 letter c numbers 3 and 4 FinSA within the frame­work of a long-term asset manage­ment or invest­ment advisory relati­on­ship, unless they have declared that they do not wish to be considered as such. The decla­ra­tion must be in writing or in another form verifiable by text.23

Disclaimer

The infor­ma­tion on the TARENO Website is offered “as seen” and “as available”. TARENO excludes all warran­ties guaran­te­eing that access to the Website will be uninter­rupted and error-free, that defects will be corrected and that no viruses or other harmful compon­ents will be trans­mitted in connec­tion with the use of the Website.

TARENO excludes, as far as legally permis­sible, any liabi­lity for damages or conse­quen­tial damages resul­ting from the use of or access to the infor­ma­tion on the Websites or links to third-party websites (or from the impos­si­bi­lity of use/access). In addition, no assurance or warranty, either explicit or implied, is provided for the accuracy, relia­bi­lity, comple­teness or correct­ness of the infor­ma­tion presented or functions offered. This disclaimer also applies to damages or conse­quen­tial damages caused by third parties manipu­la­ting the Website.

Risk Disclo­sure

Users of this Website are reque­sted to consult the “Special Risks in Securi­ties Trading” brochure (PDF) to obtain infor­ma­tion on the risks inherent in securi­ties trading. In addition, they are asked to refer to any prospec­tuses for a detailed descrip­tion of risks. We draw investors’ atten­tion to the fact that past perfor­mance is no guarantee of success in the future. Because of possible fluctua­tions in value to which the invested capital may be subject, it is possible that the investor will not get back the capital they origi­nally invested. If invest­ments are effected in foreign curren­cies, these are also subject to exchange rate fluctua­tions.

In no event should you effect securi­ties transac­tions without being precisely aware of the associated risks and having formed a picture of the extent to which the substan­tial risk of loss is finan­ci­ally bearable. In parti­cular, we recom­mend that you do not effect any invest­ments without profes­sional advice.

No Solici­ta­tion or Offer

This document and/or publi­ca­tion consti­tutes a marke­ting commu­ni­ca­tion and has been prepared solely for infor­ma­tional and adver­ti­sing purposes. The infor­ma­tion and opinions published on the Tareno AG website and in other marke­ting materials do not consti­tute an invita­tion to submit an offer, nor a solici­ta­tion or offer to buy or sell securi­ties or other invest­ment or finan­cial products. Nor should they be construed as a solici­ta­tion or offer to enter into any other transac­tion. They are provided for infor­ma­tion purposes only.

The infor­ma­tion and opinions made available on the website and other commu­ni­ca­tion channels of Tareno AG do not consti­tute recom­men­da­tions or decision-making aids for investors with respect to invest­ment or other decis­ions and do not have any advisory character. Prospec­tuses and key investor infor­ma­tion documents, in parti­cular the PRIIPs KID, relating to our products can be obtained free of charge from Tareno AG.

Investors are advised to consult their client advisor, to conduct their own due diligence and to obtain further infor­ma­tion before making any invest­ment decision.

No orders

TARENO expressly states that it is not obliged to take on, execute or accept any orders, revoca­tions of orders, autho­ri­sa­tions for business transac­tions or other legal decla­ra­tions that may be trans­mitted via the Websites.

External Links

The Website may include links to other websites outside the scope of influence of TARENO. TARENO accepts no respon­si­bi­lity for their content and for the protec­tion of your privacy in connec­tion with the use of these Websites. Users create links to these pages or other websites at their own risk.

Intellec­tual property rights

All copyright and other rights to all the content of the TARENO Website remains with TARENO. The printing or downloa­ding of pages is permitted, subject to the provi­sions of the next section concer­ning “Morningstar”, and provided that the source is fully acknow­ledged.

All the infor­ma­tion published by Morningstar Schweiz GmbH (overall rating): (1) is copyrighted for Morningstar and/or its content provi­ders (2) may not be repro­duced or distri­buted and (3) its accuracy, comple­teness or timeliness is not guaran­teed. Neither Morningstar nor its content provi­ders are respon­sible for any damage or loss arising from the use of this infor­ma­tion. Past perfor­mance is no guarantee of future results. Sustaina­bi­lity rating as at [30 June 2016]. Sustai­na­ly­tics provides the analyses at company level that are included in the calcu­la­tion of the Morningstar Sustaina­bi­lity Score.

Taxes

In respect of legal tax provi­sions in the investor’s tax domicile concer­ning the holding, buying or selling of securi­ties and other invest­ment products and the associated impli­ca­tions for taxation, investors are reque­sted to contact their tax advisor.

Subject to change

All contents of the Website are subject to change at any time without notice.

Appli­cable law and place of juris­dic­tion

Access to and use of the Website and this Legal Notice are subject exclu­si­vely to Swiss substan­tive law. The exclu­sive place of juris­dic­tion is Zurich, Switz­er­land.

Security and privacy protec­tion

For the security and protec­tion of your privacy on our Website, we summa­rise in the follo­wing the handling of the user data of the visitors to our web pages. Please note the Privacy Policy appli­cable in this context.

Personal details

It is not neces­sary to provide personal details to access the Websites of TARENO LTD Indepen­dent Wealth & Asset Manager (herein­after referred to as TARENO). An excep­tion to this is when TARENO is contacted using the electronic contact form.

Contact via internet and E‑mail

Tareno draws the atten­tion of users of his Website to the fact that the use of e‑mails and electronic forms entails certain risks. E‑mails are sent to TARENO without encryp­tion, the same applies to data sent via contact forms. It is possible that electro­ni­cally trans­mitted data may be read and altered by third parties and that TARENO may be identi­fied as the recipient. As a result, inferences may be made with respect to the user’s relati­on­ship with TARENO. We urgently recom­mend that you do not send confi­den­tial infor­ma­tion such as client details or orders using these media.

Use of personal details

We use your personal details solely for the purpose of provi­ding you with infor­ma­tion that you have reque­sted and that may be of interest to you. No personal details are passed onto organi­sa­tions outside TARENO.

European SRI trans­pa­rency code for  sustaina­bi­lity funds

The logo specific to the European SRI Trans­pa­rency Code signi­fies that Tareno Ltd is committed to disclo­sing accurate, adequate and timely infor­ma­tion to enable stake­hol­ders, in parti­cular retail investors, to under­stand the policies and practices of sustainable invest­ment of a given fund. For more detailed infor­ma­tion on the European Trans­pa­rency Code please visit www.eurosif.org. Infor­ma­tion on sustainable invest­ment policy and its imple­men­ta­tion by the Tareno Global Water Solutions Fund is available at https://tareno.ch/en/tareno-funds/water-fund/. The Trans­pa­rency Code is managed by Eurosif, an indepen­dent organi­sa­tion. The European SRI Trans­pa­rency logo stands for the above-mentioned commit­ment by the fund manager. It should not be construed as favou­ring any specific company, organi­sa­tion or indivi­dual.