Local legal restrictions

The following section on financial products contains information and opinions on financial products such as investment funds. Please note that these products may be subject to different registration requirements in different countries. Access to this section is not intended for natural persons or legal entities for whom the use of or access to the HMTS website would violate the legal system of their country due to their nationality, domicile/registered office or for other reasons. In particular, this applies to citizens and/or residents of the United Kingdom, Japan and the U.S.

No recommendation or offer

The contents published in this section do not constitute a recommendation or an offer to acquire, hold or sell the financial products mentioned, nor to engage in any other transactions or legal acts. They are provided for information purposes and personal use only. Please note that HMTS may make changes to the contents as well as the legal notices for financial products at any time without prior notice.
The content provided in the section on financial products does not constitute investment or other advice and should not be considered as such. Before investing in a financial product, it is important that you carefully read the current legal documents as well as any other documents required by local legal and regulatory requirements (e.g. prospectus, annual and semi-annual reports of an investment fund). It is particularly important to study in detail the legal notices and risk warnings contained therein. We also recommend that you consult a specialist before making an investment decision.

No warranty

HMTS takes the greatest possible care in compiling the content on financial products. However, HMTS and its contractual partners do not assume any guarantee or liability towards third parties with regard to the accuracy, topicality and completeness of the published content. In particular, there is no obligation on the part of HMTS to update the content or to remove outdated content.
HMTS also assumes no responsibility and gives no warranty that the functions of the website with financial products will not be interrupted or are error-free. It is not guaranteed that errors will be corrected or that the website or the respective server are free of viruses or other harmful components and programs.
In addition, the HMTS website may contain links to third-party websites. These links are outside the sphere of influence of HMTS. Therefore, HMTS assumes no responsibility for the accuracy, completeness and legality of the content of such websites or for any offers and services contained therein.

Risk notice

As a general rule, the higher the risk (price fluctuations), the longer the investment period should be, and the higher the potential returns. The value of the invested capital as well as the resulting income (e.g. distributions in connection with investment funds) are subject to fluctuations and may be eliminated altogether.
Investments in foreign currencies are subject to direct and indirect exchange rate fluctuations. Individual financial products are generally subject to higher risks, for example, investment funds that invest primarily in emerging markets and/or in equities of small-capitalization companies and/or in high-yield bonds.

Performance

A positive performance (value development) in the past is no guarantee for a positive performance in the future. HMTS and its contractual partners can therefore not guarantee the preservation of value or an increase in value of the invested capital. Investors must be willing and able to accept possible substantial losses or even a total loss.
The performance calculation does not take into account any fees and costs (e.g. commissions and costs for the purchase and redemption of fund units) that may be incurred when buying, holding or selling the financial product.

Exclusion of liability

To the fullest extent permitted by law, HMTS and its contractors disclaim all liability (including negligence and liability to third parties) for losses of any kind incurred in connection with the use of the Website and its contents or with the risks of the financial markets.

Sources of supply

The legal basis of a collective investment scheme listed in this section on financial products is provided free of charge by HMTS to investors domiciled in Switzerland. The relevant legal documents are also available electronically on the following HMTS website.

Property rights

All contents of this website are protected by copyright and belong to HMTS, unless expressly stated otherwise. No part of this website grants any licenses or rights to use any images, text, trademarks or logos. Downloading or copying the website does not transfer any rights to the software or material contained therein. Any reproduction or republication of the contents of this website requires the written consent of HMTS and the express acknowledgement of the source.

Applicable law/jurisdiction

Access to and use of the HMTS website as well as this important legal information for financial products are subject to Swiss law. The exclusive place of jurisdiction is Zurich, Switzerland.

Confirmation

By agreeing to this legal notice, you confirm that you are an investor under the Swiss Collective Investment Schemes Act (CISA) domiciled in Switzerland. This document is for informational and promotional purposes only. For further information, please consult the basic information sheet (BIB), the prospectus or the relevant documents under foreign law that are equivalent to the basic information sheet (such as factsheets/PRIIP KIDs), which are available at www.hmts.ch.