User Terms and Conditions

The document issued in German is legally binding. This English translation is only for the purpose of convenience.

1. User authorisation
When you access this website, Flossbach von Storch grants you revocable and non-transferable permission to use it. This applies only if you acknowledge these User Terms and Conditions and observe the restrictions they impose. You may not interfere with the operation of the site or seek to influence it in any way.

2. Important general information
The data on this website is for your information only. It does not constitute investment advice, or advice on tax or legal matters. Nor does it contain any offer, recommendation or incitement to make investment decisions of any kind, e.g. to deal in financial instruments (including shares, bonds, investment funds, certificates) or to conclude any contracts for financial services (e.g. wealth management) or to conclude any other kind of contract (e.g. Family Office agreements).
In particular, this information should not be used as a substitute for suitable investment and product-related advice. Unless expressly stated otherwise, all pricing information is non-binding.

With respect to information on investment funds, please note that the sole basis for purchase is in each case the relevant sales prospectus, including the contract terms and conditions, the latest audited annual report, and the semi-annual report, if the latter is published later than the most recent annual report. These sales documents may be obtained free of charge from the relevant investment fund company or custodian bank, from paying agents, or from Flossbach von Storch; they can also be downloaded from this website.

The same applies to other investment products and the applicable sales documents.

Please bear in mind that the value of a financial investment can fall as well as rise. Investors must therefore be ready and able to accept losses on their invested capital. Past performance is not a reliable indicator of future performance.

3. Sales restrictions
The information contained in this website is intended for investors only in countries/jurisdictions in which the funds have been approved for sale. The information is not intended for publication or use by persons or entities in a country where the funds are not permitted for sale. If documents are made available in English, this does not mean that a distribution licence has been granted or applied for. Further details are available on request.

4. Important notice for US persons
The contents of this website, particularly the published documents and the information contained within, are not permitted for distribution or sale in the USA. Accordingly, the investment funds mentioned on this website, in particular, are not on offer in the USA to US citizens or US residents.

5. Forecasts
This website may contain forecasts. Although such forecasts may represent the views and future expectations of Flossbach von Storch, actual developments and results may differ substantially from such expectations. Flossbach von Storch is under no obligation, and expressly excludes any such obligation, to update its forecasts or to change them, on the basis of either new information or future events, or for any other reason.

6. Information / Data
Flossbach von Storch regularly checks and updates the information on this website. Despite due care, however,
the data underlying this information may have changed in the period since the last review. We therefore accept no liability and offer no guarantee as to whether the information is up to date, correct or complete, excepting liability for gross negligence or deliberate misconduct.

Flossbach von Storch accepts no liability for losses of any kind arising from the use of content and information on this website.

Nor will Flossbach von Storch give any assurance that any function or content on this website, or the site itself, is free of errors and free from viruses or other damaging elements, or that errors will be corrected.

7. Links to other websites
This website may contain links to other websites. When first setting up the link, Flossbach von Storch will have checked the linked site for illicit content and found none at that time. However, Flossbach von Storch has no influence over the current and future design or content of such linked sites and will accept no liability for such content or design. Any use of these websites is at your own risk. If you find that we have linked to websites with illegal or dubious content (e.g. racial hatred, pornography, fraud, deception), please let us know, as any such link is of course unintentional. Flossbach von Storch will then remove the offending links as soon as possible.

8. Copyright and trademark rights
All rights, titles and claims (including copyright, brands, patents and other intellectual property or other rights) in,
for and from all information and content (including all text, data, graphics and logos) on this website are fully subject to the respective current regulations and to the property rights of the respective registered owners. Use of this website does not confer any rights to the content. The copyright for the published content created by Flossbach von Storch itself remains with Flossbach von Storch. No such content, including graphics, sound files, video clips and text, may be duplicated or used, either wholly or in part, in any other electronic or print publication or in any other form without the written permission of Flossbach von Storch. If permission is given, its scope must not be exceeded and attention must be drawn to the origin of the duplicated material and to the rights of Flossbach von Storch. The integration of Flossbach von Storch websites into a framework structure (frames) is permitted only after written agreement in advance from Flossbach von Storch.

9. Communication by email
The internet is publicly accessible, which means that ordinary emails sent via the internet are neither confidential nor secure: it is possible that they may be viewed, captured or modified by third parties, or get lost. Emails may cross borders, even if both sender and receiver are in the same country. You should therefore refrain from sending personal
or confidential information, particularly account information, by email.

Unless there is an express agreement to the contrary, Flossbach von Storch will not accept orders or instructions sent by email or other electronic messaging systems.

Flossbach von Storch is not liable either to you or to other persons for losses arising from messages sent by ordinary email or any other electronic messaging system.

When sending confidential information, therefore, you are advised to use postal services.

10. Limits of liability
You use this website at your own risk. You are solely responsible for the consequences of such use and of any downloading of its content.

Flossbach von Storch will accept no liability for any losses of any kind arising from information published on the website, or for failure to publish such information. This applies in particular to losses arising from investment decisions. This exclusion of liability also applies to direct or indirect compensation claims, claims in tort, atypical claims and claims for consequential loss.

This exclusion of liability does not apply where it is prohibited by applicable law, or to gross negligence or intentional misconduct on the part of Flossbach von Storch.

11. Sundry provisions

11.1 Scope
These User Terms and Conditions apply between users of the website and Flossbach von Storch, and also extend to their respective successors in title, and to their respective assignees and agents. Insofar as any rights can be derived from these User Terms and Conditions, Flossbach von Storch may transfer such rights to third parties.

11.2 Availability of the website
Flossbach von Storch reserves the right to modify, suspend or completely cease the operation of this website at any time, including the services, information, properties or functionalities offered on the website that may be accessible through permitted use of the site. Flossbach von Storch also reserves the right to restrict the use of any particular properties, functionalities or services or to restrict access to all or part of the website without notice.

11.3 Transfer of operations
Flossbach von Storch reserves the right at any time to entrust functions relating to the operation of the website to a third party.

11.4 Amendments to the User Terms and Conditions
Flossbach von Storch reserves the right to amend or supplement these User Terms and Conditions at any time.
You should read these User Terms and Conditions each time you use the website in order to familiarise yourself with any possible alterations.

11.5 Contractual agreements
Should any contractual agreement you make with Flossbach von Storch diverge from these User Terms and Conditions, the contractual agreement shall take precedence.

11.6 Voidance clause
Should any provision or part provision in these User Terms and Conditions be unlawful, invalid or unenforceable, this shall not affect the lawfulness, validity or enforceability of the other provisions in these User Terms and Conditions.