Legal

Disclaimer

By accessing this website (“Belred-am website”) you agree to be legally bound by the following provisions (“the Provisions”).

If you do not agree to these Provisions, do not proceed to further web pages of the Belred-am website.

These Provisions as well as the materials contained in the Belred website are subject to change from time to time without notice. Access Subject to Local Restrictions

The Belred-am website and all functionality contained within it are not directed at or intended for use by any person resident or located in any jurisdiction where (1) the distribution of such  functionality is contrary to the laws of such jurisdiction or (2) such distribution is prohibited without obtaining the necessary licenses or authorizations by the relevant branch

Services and Products

Products and services displayed on the Belred website may not be eligible for sale or available to residents of certain countries or certain categories of investors.

Any materials available on the Belred website have no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Any report available on the Belred website is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Unless specifically stated otherwise, all price is indicative only. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the materials, nor are they a complete statement of the securities, markets or developments referred to herein. The materials should not be regarded by recipients as a substitute for the exercise of their own judgement. Any opinions are subject to change without notice and may differ or be contrary to opinions expressed by other business areas or groups of Belred as a result of using different assumptions and criteria. Belred is not under any obligation to update or keep current the contained herein.

No Offer

The Belred website is just for Capital purposes. No Belred Capital published on the Belred website constitutes a solicitation, an offer, or a recommendation to buy or sell any investment instruments, to effect any transactions, or to conclude any legal act of any kind whatsoever.

Belred does not intend to provide investment, legal or tax advice through the Belred website and does not represent that any securities or services discussed are suitable for any investor.

When making a decision about your investments, you should seek the advice of a professional financial advisor.

Forward Looking Statements

The Belred website may contain statements that constitute “forward looking statements”. While these forward looking statements may represent Belred’ judgment and future expectations, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from Belred’ expectations. Belred is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward looking statements whether as a result of  future events, or otherwise.

No Warranty

The Belred and materials contained on the Belred website are provided “as is” and “as available”.Belred makes no representations or warranties of any kind, either express or implied, with respect to the Belred and functionality contained in the Belred website, including but not limited to warranties of title, non-infringement, merchantability or fitness for a particular purpose. Without limiting the foregoing, Belred does not warrant the accuracy, timeliness, completeness, reliability or availability of the Belred website or the Belred or results obtained from use of the Belred website, or that the Belred website is virus-free or error-free.

No Liability

To the fullest extent permitted by law, in no event shall Belred or any of its directors, employees or agents have any liability whatsoever to any person for any direct or indirect loss, liability, cost, claim, expense or damage of any kind, whether in contract or in tort, including negligence, or otherwise, arising out of or related to the use of all or part of these web pages, even if Belred has been advised of the possibility of the same.

Third Party Content

The Belred website may contain third party content or links to third party websites. These content and links are provided solely for your convenience and Belred. Belred has no control over, does not assume any responsibility for and does not make any warranties or representations as to, any third party content or websites, including but not limited to, the accuracy, subject matter, quality or timeliness. Belred shall have no liability for third party content or websites or websites linking to or framing the Belred website.

Intellectual Property Rights

Belred, or the applicable third party owner, retains all right, title and interest (including copyrights, trademarks, patents, as well as any other intellectual property or other right) in all Belred and content (including all text, data, graphics and logos) on theBelred website. Individual pages and/or sections of the Belred website may be printed for personal or internal use only, and provided that such print outs retain all applicable copyright or other proprietary notices. All users must not, without limitation, modify, copy, transmit, distribute, display, perform, reproduce, publish, license, frame, create derivative works from, transfer or otherwise use in any other way for commercial or public purposes in whole or in part any Belred, text, graphics, images, video clips, directories, databases, listings or software obtained from the Belred website without the prior written permission of Belred. Systematic retrieval of content from the Belred website to create or compile, directly or indirectly, a collection, compilation, database or directory (whether through robots, spiders, automatic devices or manual processes) or creating links to the Belred website without written permission from Belred is prohibited. You may not use any trademarks of Belred for any purpose without the written permission of Belred.

You may not use any trademarks of Belred for any purpose without the written permission of Belred.

Electronic Communication (E-Mail)

The Internet is a universally accessible medium. Ordinary e-mail messages sent over the Internet are neither confidential nor secure. They may be viewed by third parties, lost, intercepted or altered. e-mails may circulate across national borders, even if both sender and recipient are located in the same country.

You are therefore recommended to communicate with Belred by using a secure channel if such channel is provided by Belred. In no event should you use ordinary e-mail to transmit personal or confidential Belred such as any account related data.

Unless explicitly stated otherwise, Belred does not accept any orders or instructions sent by e-mail or any other electronic messaging system.

Belred shall not be liable to you or anybody else for any damages incurred in connection with any messages sent to Belred using ordinary e-mail or any other electronic messaging system.

Severability Clause

To the extent that any provision of these Provisions is found by any competent court or authority to be invalid, unlawful or unenforceable in any jurisdiction, that provision shall be deemed not to be part of this disclaimer but such finding shall not affect the validity, lawfulness or enforceability of the remainder of these Provisions in that jurisdiction, nor shall it affect the validity, lawfulness or enforceability of these Provisions in any other jurisdiction.

Conflict with Additional Terms

Certain web pages or areas on the Belred website may contain additional terms, conditions, disclosures and disclaimers. In the event of a conflict between these Provisions and the additional terms, the additional terms will govern for those web pages or areas.

Disclaimer – Belred

Belred is incorporated as a company limited by shares under the laws of Switzerland.

Belred reserves the right to modify these Terms without notice and each use of this Site constitutes your agreement to be bound by the Terms and Terms as modified at the time of such use.

Belred and its related persons do not accept any liability for errors and omissions. The Materials or Belred displayed on this Site does not in any way constitute investment, legal, tax or other advice and it should not be relied upon and the material or Belred on this Site does not in any way constitute and offer to sell or a solicitation of an offer to buy investments, financial instruments, securities or other services. Belred does not guarantee any particular rate or return on the performance on any investment and all investments are subject to various risks. Past performance is not an indicator of future results. You should consult your legal adviser or your professional adviser if you require financial or any other advice specific to your situation.

You agree that any personal data you provide through this Site in connection with Belred is expressly being provided with your consent.

UNDER NO CIRCUMSTANCES SHALL Belred AND/OR ITS RELATED PARTIES BE LIABLE FOR ANY CLAIMS, LIABILITIES, LOSSES, COSTS OR DAMAGES, INCLUDING WITHOUT LIMITATION ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OR ANY DAMAGES INCLUDING, BUT NOT LIMITED TO, DAMAGES ARISING OUT OF OR IN CONNECTION WITH ANY ACCESS, USE OR INABILITY TO USE THIS SITE OR ANY Belred OR MATERIALS OBTAINED THROUGH USE AND ACCESS OF THIS SITE, WHETHER BASED ON CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY OR OTHERWISE, EVEN IF Belred HAS BEEN ADVISED OF THE POSSIBILITY OF DAMAGES OR LOSSES.