Berger, van Berchem & Cie SA (hereinafter: “BvB” or “the Company”) is a company incorporated under the laws of Switzerland, with its registered office in Geneva and a branch office in Lausanne. The addresses are as follows:

BvB provides asset management and investment advisory services as well as the reception and transmission of orders for financial instruments.

BvB is also a collective asset manager, administering assets in the name and on behalf of collective investment schemes and pension funds.

To provide its various services BvB is licensed as a collective asset manager and is subject to prudential supervision by the Financial Market Supervisory Authority

www.finma.ch

The financial services provided are subject to the Federal Law on Financial Services (FLFin) and BvB’s activity is governed by the Federal Law on Financial Institutions (FLFin) of June 15, 2018, as well as by the Federal Law on Collective Investments (LPCC) of June 23, 2006.

BvB is affiliated with a Mediation Body. In the event of any disagreement between BvB and its Customer, the latter shall have the option of mediation. The address of the Mediation Body is as follows

OFS Ombud Finance Suisse
Boulevard des Tranchées 16
1206 Genève
+41 22 808 04 51
www.ombudfinance.ch

The Company’s General Terms and Conditions and other specific contractual documents (mandates, special agreements, etc.) regulate the legal relationship between the client and BvB.

The tripartite relationship between the Client, the custodian bank and the Company is regulated separately through the contractual bank documents (power of attorney for financial intermediaries, etc.). Where necessary, the Client undertakes to provide the beneficial owners, beneficiaries or controllers with this Information, the General Terms and Conditions and other contractual documents.

Investing in any financial instrument entails risks of loss even with a prudent investment.

The characteristics and risks associated with financial instruments and stock exchange and derivative transactions involving financial instruments are detailed in the Swiss Bankers Association brochure entitled “Risks inherent in trading in financial instruments”

www.swissbanking.org/fr/services/bibliotheque/directives

By reading this Information, the Client confirms that he has all the information necessary to assess the risks he intends to take and undertakes not to carry out transactions in financial instruments without understanding the risks involved. For the rest, the Company is at the Client’s disposal to provide him with the necessary clarifications on the general risks related to financial instruments.

The investment strategy is an important element in achieving the investment objectives. The results depend on its systematic and consistent implementation over a sufficiently long period. Adherence to the strategy reduces the effects of fluctuations in the financial markets. The Client understands and accepts that investments may increase or decrease in value, depending on a number of risks, such as market, credit, exchange rate, liquidity, settlement and political and economic risks. He understands and accepts that past performance is no guarantee of future performance.

The Company carries out its activities with diligence and in the interest of the Client. It shall put in place all organizational measures to avoid any conflict of interest. If conflicts of interest should arise, the Company undertakes to identify them, to inform the Client and to ensure that the Client’s interests prevail.

The Company may receive remuneration from third parties in the course of its business relations. This commercial practice could be such as to induce the Company to choose certain service providers (banks, brokers, investment funds) rather than others, but it is also the result of privileged relationships established with financial intermediaries recognized for the quality of their services, from which the Client will be able to benefit under the best conditions.

The Company will in all circumstances ensure that the Client’s interests are given priority.

To manage this potential conflict of interest risk, the Company selects investments from a broad universe of open-architecture investments according to a rigorous process and in line with the Client’s risk profile.

The Company’s compensation is essentially based on its management fees.

Retrocessions may also be added to this compensation in particular cases.

Retrocessions are compensations received from third parties (custodian banks, investment fund managers, promoters of financial products or other financial institutions) in the form of commissions or other pecuniary or non pecuniary benefits. The retrocessions are collected on the assets deposited or on the investments made within the framework of the mandate entrusted by the client to the Company. Retrocessions may only be collected with the client’s consent and provided that the client is informed in advance of the nature, amount and method of calculation of the retrocessions.

Certain tasks can be delegated outside the company, for example in the areas of accounting and risk management or IT network management. BvB carefully selects its agents and monitors them regularly.

BvB processes the personal data of its customers in accordance with the provisions of the Federal Data Protection Act (DPA).