Disclaimer

Important legal information
Persons who access this website (hereinafter referred to as the website) of Kraus Partner Investment Solutions AG, Zurich, (Kraus Partner) take note of the following legal information and agree to have understood, and to consent to, the terms and conditions herein set forth. If you do not understand or do not consent to the terms and conditions set forth on the website, please do not continue to access the information herein set forth.

Dynamic Voncerts: No Collective Investment Scheme
This is to inform you that the certificates (Dynamic Voncerts) described hereinafter are not a collective investment scheme pursuant to the Swiss Federal Act on Collective Investment Schemes of June 23, 2006 (Bundesgesetz über die kollektiven Kapitalanlagen) and, hence, neither subject to the provisions set forth in the Collective Investment Scheme Act nor subject to the supervision by the Swiss Federal Banking Commission (Eidgenössische Bankenkommission).

Access limitation
The website and the information made available on this website are not directed to any persons who (in particular, but not limited to, on the basis of their nationality and/or residence) are in their jurisdiction subject to any laws, rules or regulations prohibiting the publication or availability of, or the access to, the information on this website.

No offer
The content of the website is for mere information purposes. The information and statements on the website do not constitute an offer or invitation to transmit an offer, a solicitation or recommendation to (i) buy or sell any investment instruments, (ii) effect or have effected any other transactions, or (iii) conclude any other legal acts of whatsoever nature.

No orders
No orders or instructions may be placed by way of the website; Kraus Partner will disregard any orders or instructions transmitted or forwarded to it by such means without being required to notify the sender thereof.

No liability
Kraus Partner is not liable for any damage or loss of whatsoever nature directly or indirectly incurred for reason of accessing, or using the contents of, the website, or any links to websites of third parties. Kraus Partner assumes no responsibility, and provides no warranty, that the website performs without interruption or does not contain any harmful components or elements (such as viruses or alike).

No advice
Kraus Partner does not provide any advice by way of the website. Consequently, the contents of the website may not be construed to constitute an investment advice or any kind of financial, tax, legal or other advice.

Investors should consult an investment expert before taking any investment decisions. The performance of investment instruments, in general and as described on the website, may vary over time and cannot be predicted based on past performance. Further, the value or price of investment instruments may fall or increase.

No warranty
The information on this website has been prepared by Kraus Partner and is believed by Kraus Partner to be reliable and has been obtained from public sources believed to be reliable. However, Kraus Partner provides no warranty (either express or implied) that the information and statements on the website are correct, accurate, complete or up to date.

Links
The Website may provide for links to websites of third parties which are neither operated by, nor under the control of, Kraus Partner. By activating such links, you leave the Website and Kraus Partner is not liable, and does not assume any responsibility, for the accuracy, completeness and legality of the contents of such websites.

Amendments
Kraus Partner reserves the right to amend these terms and conditions and any other information on the website at any time. However, Kraus Partner is under no obligation to update, mark, modify or amend this website (or to remove any content) or to publish a notice in the event that any matter stated, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate, incomplete or incorrect. Prices and availability of investment instruments are subject to change without notice.

Conflicts of interest
It cannot be excluded that Kraus Partner, its directors or employees have been, are or will be investing in the investment instruments described on this website. Further, it cannot be excluded that Kraus Partner, its directors or employees have been, are or will be providing services of any kind to the issuers of the investment instruments described on this website. Consequently, it cannot be excluded that Kraus Partner, its directors or employees may have an interest in the future performance of the investment instruments described on this Website.

Intellectual property
The content of the website is subject to intellectual property rights such as copyright.  Any download, reproduction or print out of information contained on this website is only allowed to the extent the intellectual property rights of the respective owners are respected. Any public reproduction is allowed only upon prior consent of Kraus Partner and only in accordance with the terms and conditions set forth in such consent.

Applicable Law / Jurisdiction
These terms and conditions and any other information contained on the website, and the use thereof, and the access to the website, are governed, and shall be construed in accordance with, the laws of Switzerland. The exclusive place of jurisdiction is Zurich, Switzerland.

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