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Formulafirst Ldt. is not registered systematically in all jurisdictions and is not authorised for distribution in all countries. The information contained in the present Website is not intended for distribution to, or use by, natural or legal persons that are nationals or residents of a country or otherwise subject to a jurisdiction the laws or regulations of which would prohibit such distribution or would require us to be registered or accredited in said jurisdictions. You are solely responsible for ensuring conformity with the laws and regulations of your country of citizenship and residence.
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Formulafirst Ltd. is not registered in your jurisdiction and is, if a registration is necessary, only available to Qualified Investors as per the definition of Qualified Investor in your country of residence and subject to any additional restrictions and regulations in such country of residence and as further defined in this Disclaimer.
INVESTORS IN SWITZERLAND
Shares in Formulafirst Ltd are only available to Qualified Investors as defined in the Swiss Collective Investment Schemes Act and its implementing regulations.
In Switzerland Qualified investors pursuant to Art. 10 Paragraph 3 CISA specifically include:
a. regulated financial intermediaries such as banks, securities traders, fund management companies and asset managers of collective investment schemes, as well as central banks;
b. regulated insurance institutions;
c. public entities and retirement benefits institutions with professional treasury operations;
d. companies with professional treasury operations;
High-net-worth individuals may declare in writing that they wish to be deemed qualified investors. In addition, the Federal Council may make such persons’ suitability as qualified investors dependent on certain conditions, specifically technical qualifications.
Investors who have concluded a written discretionary management agreement as defined in Article 3 Paragraph 2b and c of CISA are deemed qualified investors unless they have declared in writing that they do not wish to be deemed as such.
Art. 6 Paragraph 1 CISO based on Art. 10 para. 3bis and 3ter CISA
1 A high-net-worth individual pursuant to Article 10 paragraph 3bis of the Act is any natural person who at the time of subscribing to the collective investment scheme meets one of the following conditions:
a. Investors shall provide evidence that they:
1. have the knowledge required to comprehend the risks of the investments based on their individual education and professional experience or based on comparable experience in the financial sector; and
2. hold assets of at least five hundred thousand Swiss francs.
b. Investors shall confirm in writing that they hold assets of at least five million Swiss francs.
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