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The information and opinions disclosed on this website constitute neither a recommendation nor an offer to enter into legal transactions of any kind. Said information and opinions are not valid as a basis for investment decisions and are provided merely for the purpose of information.

The value of the invested capital and the yield resulting therefrom are subject to fluctuations and may be entirely lost or may cease altogether. Positive performance (development of value) in the past is therefore not a guarantee of positive performance in the future. In particular, the protection of the invested capital cannot be warranted; there is thus no guarantee that the value of the employed capital will correspond to the original capital on divestment. Investments in foreign currencies are exposed to the additional risk of exchange-rate fluctuations and currency risks, i.e. the development of the value of such investments also depends on the volatility of the foreign currency, which might bear negatively on the value of the invested capital.

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All tax treatment in connection with potential investments is subject to case-by-case review and is therefore essentially dependent on the personal situation of each visitor to the site or of each potential investor, and may be subject to changes. Visitors and/or investors are solely responsible in these respects and should seek advice from a qualified expert prior to taking an investment decision.

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