Disclaimer

1. General information

This website has been created by Pharus Management SA, Switzerland (hereinafter “Pharus”), for information purposes only. 

Pharus selects the data and information contained in the website with utmost care from sources it believes to be reliable and carries out periodical updates. In this contest, the users are been informed that such information contained in this web site may be changed without notice. However, Pharus may not be held responsible in connection with the accuracy, reliability and completeness of the published information.

2. No distribution, no offer, no solicitation

2.1 In general 

The scope of the the web site is not to obtain subscriptions or the conclusion about contract. This web site has only information purpose and shall not, in any case, constitute any distribution, offer or solicitation. 

The website may contain various information relating to collective investment schemes which shall not, in any case, constitute any distribution, offer or solicitation. 

The website may contain information on several collective investment schemes which are registered in different jurisdictions. As a matter of fact, in accordance with the applicable law, some users of the website could be subject to regulations and laws restricting the access to such kind of information, in particular for reasons of nationality, residence and domicile. Therefore, the users shall be obliged to respect the relating restrictions.
None of the information in the website shall be considered as investment, legal or tax advice. No decision shall be made solely based on the website content. In particular, it is strongly recommended to seek for qualified advice.

2.2 Switzerland 

Several information on this web site may be not available by users that declare to be considered as not qualified investor.

Currently none of the collective investment schemes managed by Pharus have been authorized for public distribution in Switzerland. Consequently, the information relating to such collective investment schemes may only be accessible to qualified investors.

According to the current Swiss regulations, qualified investors may be defined as:

Potential users are informed that the applicable Swiss regulations and FINMA’s practice may be subject to amendments and therefore are invited, at each access to the website, to check if they meet all necessary prerequisites.

2.3 USA

The collective investment schemes contained in the website are not meant to be directly or indirectly, offered or sold in the USA or any of its territories or to US Persons, as defined under the United States Securities Act of 1933, as amended (hereinafter "Securities Act"). 

In particular, the collective investment schemes described on the website shall not be registered under the Securities Act or any other applicable United States securities laws (including, without limitation, any applicable law of any of the states of the United States). By proceeding, users warrant not to be a US Person.

3. Performance 

Past perfomance of a collective investment scheme does not constitute a guarantee for future performance.

4. Applicable law and place of jurisdiction 

Any issue relating to the use of the website shall be subject to Swiss law, which shall exclusively govern the interpretation, application, and effect of all the conditions set out above. The courts of Mendrisio Nord shall have exclusive jurisdiction over all claims or disputes arising out of or in connection with the website and its use.

Mendrisio, October 2013

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