Regulatory & Legal Information

Regulatory Information

The aim of this document is to deliver details in line with our obligations under the Financial Services Act ("FinSA"). It includes insights about Icosa Investments AG (“Icosa”) and the services we offer. Please note that the content of this document may be updated periodically. The most recent version can be obtained upon request.  This notice is solely for informing clients about how Icosa Investments AG implements certain applicable statutory requirements on investor protection under the Financial Services Act and/or other regulatory frameworks. It does not constitute an offer or solicitation by or on behalf of Icosa Investments AG to use a service, buy or sell funds or any financial instruments or participate in a specific trading strategy in any jurisdiction.

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Financial services according to FinSA

FinSA governs the offering of financial services and instruments to clients (as outlined in FinSA; for additional information on how clients are classified. It is applicable to those who provide financial services, advisors to clients, and creators of financial instruments. Under FinSA, the following are considered financial services when performed for clients: (a)acquisition or disposal of financial instruments, (b)receipt and transmission of orders in relation to financial instruments, (c)administration of financial instruments (portfolio management),(d)provision of personal recommendations on transactions with the financial instruments (investment advice),and(e)granting of loans to finance transactions with financial instrument. Fund units are also a covered instrument by FinSA.

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Services offered by Icosa

When selling funds, Icosa may provide a financial service covered in FinSA, namely the acquisition and disposal of collective investment schemes (funds). Icosa does not offer additional services like investment advice or discretionary management of portfolios unless these services are explicitly included in a formal contract agreement. All regulated activities related to the portfolio management of funds distributed by Icosa are conducted by MRB Fund Partners AG, our regulated partner organization.

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Read more about MRB at https://www.mrbpartner.ch

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Client classification

Icosa is required by FinSA to classify its clients into three categories where applicable: retail(private), professional and institutional clients. Based on these classifications, the corresponding level of regulatory protection varies, depending on the client's knowledge and experience in connection with investment matters:

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• Retail (private) clients are granted the highest level of regulatory protection. Retail (private) clients are all clients who do not qualify as professional or institutional clients. The range of financial instruments available is generally limited to products targeted at retail (private) clients or to products explicitly registered for distribution to retail (private) clients;

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• Professional clients are deemed to have the necessary knowledge and experience to invest in all asset classes and to be financially able to bear the investment risks associated with the financial service. Professional clients are sophisticated investors such as occupational pension schemes with professional treasury operations and companies with professional treasury operations. Professional clients have access to a wider investment universe compared to retail clients, which includes financial instruments intended only for professional clients or which are not registered for sale to retail (private) clients;

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• Institutional clients are afforded to the lowest level of regulatory protection. Certain professional clients such as regulated financial intermediaries, insurance companies and central banks are deemed institutional clients and are treated as a separate segment of clients. Similar to professional clients, institutional clients have access to a wide range of financial instruments, however they are subject to the least client protection regulations in consideration of their assumed knowledge, experience in financial investments and capacity to bear losses.

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If you do not agree with the initial classification by Icosa, you can request a change in your classification as long as you meet the necessary legal requirements.

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Our investment strategies are only intended for professional and institutional clients.

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Opting-In/Opting-Out Options

According to FinSA, clients might have the possibility to opt-in or opt-out of classifications.

 

Retail Clients: New Client segment: Professional Client, requires declaration by client

• Opting out because the retail client by virtue of personal education and professional experience or comparable experience in the financial sector, has the knowledge necessary to understand the risks of the investments, and has assets of at least 500,000 Swiss francs and thus qualifies as a high net worth individual

• Opting-out, as the private client has assets of at least 2 million Swiss francs and is therefore considered a high net worth individual

• Opting-out Private investment structures with professional treasury services set up for wealthy private clients

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Professional Clients

• Opting-in- to become private/retail client

• Opting-in / opting-out declaration by client to become institutional client for for occupational pension schemes with professional treasury operations and other occupational pension institutions providing professional treasury operations, for companies with professionally-managed treasury operations or for  Swiss or foreign collective investment schemes or their management companies, which are not deemed already as institutional client

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Institutional Clients

• Opting-in- / opting-out declaration to become a professional client

 

Ombudsman

FinSA facilitates a mediation process involving an ombudsman to resolve legal disagreements between clients and financial service providers. In line with this, Icosa is obligated to be associated with an ombudsman acknowledged by the Swiss Federal Department of Finance. The ombudsman serves as an impartial and cost-free agency for information and mediation. Clients can bring any issue to the ombudsman's attention if a prior resolution has not been achieved with us. Icosa Investments AG is affiliated with:

 

Finanzombudsstelle Schweiz (FINOS)

Talstrasse 20, 8001 Zürich, Switzerland

+4144 552 08 00 / www.finos.ch

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Risks & Other relevant information

Information is being provided upon request and solely for informational purposes. It does not constitute an offer, a recommendation, advice, or solicitation to buy or sell any securities or financial instruments. The Presentation is intended for use by professional investors in Switzerland and the European Union ("EU") in accordance with applicable laws and regulations, including the Markets in Financial Instruments Directive (MiFID) and any relevant local legislation. This material might contain marketing information in the meaning of MiFID II or FIDLEG.

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This information is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local laws or regulations. By reviewing this material, you acknowledge and agree to comply with all applicable laws and regulations in their jurisdiction.

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Any content has been prepared based on sources believed to be reliable, but no representation or warranty, express or implied, is made as to its accuracy, completeness, or correctness. Any opinions, estimates, or projections expressed reflect our judgment as of the date of this information and are subject to change without notice. The content is not intended to provide investment, legal, tax, or other advice and should not be relied upon for such purposes. Institutional investors are strongly encouraged to conduct their own independent analysis and seek professional advice before making any investment decisions. Investing in securities and financial instruments involves risks, and past performance is not indicative of future results. The value of investments may fluctuate, and investors may lose all or a substantial portion of their investment. The Company does not guarantee the future performance or success of any investment strategy or product mentioned in the Presentation.

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Forward-looking statements

The content may contain forward-looking statements that involve various risks and uncertainties. Actual results may differ materially from those anticipated in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements. No part of this content may be reproduced, distributed, or transmitted in any form or by any means, including electronic or mechanical, without the prior written permission. Investments in any financial products, including those mentioned here, are speculative and involve substantial risks, including the potential loss of the principal amount invested. Past performance is not indicative of future results. Investment objectives, strategies, and risk monitoring may vary over time

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No liability

We and our affiliates, as well as our respective directors, officers, employees, or agents, accept no liability for any direct, indirect, or consequential losses or damages arising out of or in connection with the use of or reliance on the information provided. We make no representations or warranties as to the accuracy, completeness, or reliability of information contained herein. We accept no liability for loss arising from the use of this material. Information provided by third parties is not independently verified and we are not responsible for its accuracy or timeliness.  All regulated portfolio management activities are conducted via MRB Fund Partners AG, Fraumünsterstrasse 11, 8001 Zürich.

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This Disclaimer shall be governed by and construed in accordance with the laws of Switzerland, and any disputes arising out of or in connection with this Disclaimer shall be subject to the exclusive jurisdiction of the Swiss courts.