Disclaimer

This document was produced by Amgest SA. 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 Amgest SA. All information in this document is based on Amgest SA’s understanding of the laws of Switzerland and any other jurisdiction referred to herein, as in force at the date of this document. Amgest SA 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.

Terms of Use

The website www.amgest.ch (“Website”) is provided by Amgest SA (“Amgest”), a Swiss based asset manager regulated by the FINMA.

1. CONSENT

Please read the following terms and conditions of use (“Terms”) carefully before using the Website www.amgest.ch. By accessing the Website, you implicitly agree that you fully accept and understand 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 Amgest.

Amgest 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.

The use of this Website may be monitored, tracked and recorded. Anyone using this Website expressly consents to such monitoring, tracking and recording.

2. LIMITED ACCESS

The information on this Website is not intended for use by or distribution to any individual or legal entity in any jurisdiction or country where (i) the distribution, publication or use of such information would be contrary to the law or regulatory provisions; or (ii) such distribution is prohibited without obtaining the necessary licenses or authorizations and such licenses or authorizations have not been obtained by Amgest.

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. NO OFFER

The information and opinions published on the Website do not constitute an advertisement, financial research, analysisi 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.

4. NO ADVICE

The information and opinions published on the Website have been prepared solely for information purposes and 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 Amgest 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.

5. NO REPRESENTATION OR WARRANTY

Amgest 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. Amgest 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, the information and data contained on this Website have been obtained from sources believed to be reliable and Amgest has exercised the utmost care in compiling such information. However, no representation or warranty may be provided that any information published on this Website is accurate, reliable, up to date or complete. Amgest 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 website are subject to change at any time without notice. Likewise, Amgest assumes no responsibility and gives no warranty that (i) the Website will perform without error or interruption, and (ii) that the website and all other components used in accessing the Website contain no harmful elements (particularly viruses).

Financial services or investment instruments mentioned on this Website may not be eligible/suitable for or available to residents of certain countries or certain categories of investors. The information on this Website does not take into consideration the specific investment objectives, financial situation, tax situation or needs of any investors and is not intended to provide any investment, legal, accounting or tax advice and does not constitute a representation that any investment or financial service is suitable or appropriate for individual circumstances, or otherwise constitutes a personal recommendation for any specific investor, and should not be relied upon in this regard.

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. Certain investments are subject to high volatility and may experience sudden and large falls in their value. Moreover, investments in foreign currencies are subject to exchange rate fluctuations. Also, distributions in connection with an investment instrument may vary. Amgest 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.

6. NO LIABILITY

Liability of Amgest, 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. Amgest 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.

7. INTELLECTUAL PROPERTY

All elements contained on the Website are protected by intangible property rights and are owned by Amgest 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 Amgest and with full acknowledgment of source. Users are not permitted to create hyperlinks or online links from other websites to this Website without the prior written consent of Amgest.

8. LINKS TO OTHER WEBSITES

The Website may contain links to websites which are not reviewed by Amgest. Amgest 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.

9. 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 Lugano, Switzerland.