Terms and Conditions

You are connected to the website of Generali Investments Luxembourg S.A. (“Management Company”), a management company and alternative investment fund manager authorised, respectively, under Chapter 15 of the law of 17 December 2010 relating to undertakings for collective investment (the “2010 Law”) and the law of 12 July 2013, which manages undertakings for collective investment subject to Part I of the 2010 Law and other types of funds which qualify as alternative investment funds (together, the “Funds”).

Generali Investments Luxembourg S.A. is registered with the Luxembourg Trade and Companies Register under number B 188432 and is regulated by the Commission de Surveillance du Secteur Financier (CSSF).

Access to the Website

Before visiting this website, you shall carefully read the present notice. By visiting this website you agree to having read, understood and accepted the content of the present disclaimer. If you do not agree with the provisions contained in this disclaimer you must not use this website and refrain from accessing any pages of this website.

Applicable law and jurisdiction

The access to, visit to, and use of the website are governed by and shall be construed in accordance with Luxembourg law. Any disputes arising out of the access or use of this website and/or the use of the information contained on this website shall be submitted to the competent courts of the district of Luxembourg City.

By entering into this website, you certify that you have read, understood and agreed to the terms set forth in this legal notice and warrant that you are lawfully entitled under your jurisdiction to obtain the information regarding financial products which are available in this jurisdiction. If you consider that the information that follows can lawfully be supplied to you, please proceed.

Information, Risks and Absence of Offer

All information disseminated on this website is provided solely for information purposes and does not constitute a recommendation or an advice. This information is published without any guarantee of completeness or accuracy and has no legal, accounting or fiscal value as such. The information contained on this website does not constitute in any manner an offer or solicitation to buy, sell or subscribe any financial instrument, product or service or an offer to subscribe or redeem units or shares of the Funds referred to on this website. The information contained on this website does not form part of any contract, nor can you rely on it for any contractual purpose.

Any investment in financial instruments or products that are mentioned on this website may involve risks and may therefore be unsuitable for certain investors. Any information provided on this website regarding investment risks shall not be construed as a complete and exhaustive presentation of existing and potential risks. Past performance is not a guide to future performance. The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested.

Current tax reporting, levels and reliefs in respect of any investment made in the products mentioned on this website may vary and will depend on your personal circumstances.

Before investing in any of the Funds referred to on this website, it is imperative that you thoroughly read and understand the entire prospectus, the key investor information documents, if applicable, and that you review the latest financial report of the Fund. Investment in any of the Funds mentioned in this website should not be made without careful reference to such documents. Subscriptions will only be received and shares or units issued on the basis of a Fund’s current prospectus and latest audited annual report. Copies of each Fund’s current prospectus, latest audited annual report and, if applicable, key investor information documents are available on this website or may be obtained from the Management Company upon request.

Before investing in any of the Funds referred to on this website, you are requested to ensure that such Funds are authorized for trading in your own country of origin and you should inform yourself as to any foreign exchange restrictions or exchange control requirements that you might encounter under the laws of your country of citizenship, residence, or domicile and which might be relevant to the subscription, purchase, holding, redemption, conversion or disposal of the shares of the Funds referred to in this website.

You must rely on your own examination of the legal, taxation, financial and other consequences of an investment in any of the Funds referred to on this website including the merits of investing and the risk involved or consult your stockbroker, solicitor, accountant or other financial adviser in this regard. The Management Company does not provide investment advice.

Disclaimer of Warranty and Limitation of Liability

Although considerable care has been taken to ensure that the information contained on this website is accurate at the date of publication, all information disseminated on this website is provided solely for information purposes and is subject to change without notice. The Management Company makes no representation or warranty, express or implied as to the accuracy, completeness, timeliness and relevance of the information provided on this website. The Management Company therefore accepts no liability and shall not be held liable for any loss or damage of any kind , whether direct or indirect, arising out of or caused by the use of any part of the information provided on this website, including without limitation financial consequences that may arise from investments carried out on the basis of information provided on this website. All liability of the Management Company regarding omission or error contained on this website is also excluded. Moreover, the Management Company cannot be held liable for damages that result from information that is erroneous or illicit due, for example, to any dissemination of viruses, or to technical errors, connection interruptions, or fraudulent acts by third parties, notwithstanding the fact that the Management Company does everything necessary to ensure this website’s security and to control the information disseminated.

Links to Third-Party Websites

This website may have links to third party websites, which are not under the control of the Management Company. In this respect, the Management Company shall not be held liable for any content, service, product or material offered through any linked site. You will access to third party linked websites at your own risk.

Personal Data

The personal data you may communicate to the Management Company, acting as data controller, through any of the contact facilities of this website (such as your name, email address and/or telephone number) is treated in strict confidence in conformity with applicable Luxembourg legal provisions governing the protection of personal data. The information you provide to the Management Company will be used for the purposes of answering your queries, sending you any requested brochure or documentation or for administrative purposes. Under no circumstances will this information be disclosed to third parties without your prior agreement.
You are hereby informed that you have the right to access your personal data and may ask for a rectification thereof in cases where such personal data is inaccurate and/or incomplete. For these purposes, you may contact the Management Company in writing.

You may refuse that your personal data be further processed and used for marketing purposes. Such objection can be made by contacting the Management Company in writing.

Cookies

The Management Company uses cookies on its website in order to optimize, facilitate and simplify your navigation on the website and provide you with a better online experience. You can choose not to accept certain cookies by turning this feature off within the browser settings; however doing this may affect your ability to use the full functionality of the website and even prevent access to the website. You can change your cookie settings within your browser settings at any time.

This website is available in English only. By continuing, the visitors accept the delivery of this website in English.

MIFID INVESTMENT PROFILES

For the purpose of this web-site, Institutional Investor indicates the MiFID category of Eligible Counterparties (ECP). This category receives the lowest level of protection under MiFID and it refers to an entity to which a credit institution or an investment firm provides the services of reception and transmission of orders on behalf of clients and/or execution of such orders and/or dealing on own account:

a. Investment Firms or other investment firms;
b. Credit institutions;
c. Insurance companies;
d. UCITS and UCITS management companies;
e. Pension funds and their management companies;
f. Other financial institutions authorized by a Member State or regulated under Community legislation or the national law of a Member State;
g. Commodity dealers and ‘locals’ on exchanges;
h. National governments and their corresponding offices, including public bodies that deal with public debt;
i. Central banks and supranational institutions.

If such clients are provided with investment advice, they will be treated as Professional clients instead.

It is the responsibility to the subject that enters in the area of the web-site denominated “Institutional Investors” to verify its own quality and the belonging to such category.

For the purpose of this web-site, Professional Investor refers to the entities that are not classified as an Eligible counterparty according to MiFID but who possesses the experience, knowledge and expertise to make its own investment decisions and properly assess the risks.

In order to be considered as a Professional Investor, the client or prospective client shall be:

(i) an entity authorized or regulated to operate in the financial markets, such as:

(a) Credit institutions;
(b) Investment Firms;
(c) Other authorized or regulated financial institutions;
(d) Insurance undertakings;
(e) Collective investment schemes and management companies of such schemes;
(f) Pension funds and management companies of such funds;
(g) Commodity and commodity derivatives dealers;
(h) Locals;
(i) Other institutional investors.

(ii) Large undertakings can also qualify as Professional Investors if they meet at least two of following size requirements on company basis:

1. A balance sheet total of at least EUR 20 million;
2. Net turnover of at least EUR 40 million;
3. Own capital of at least EUR 2 million.

(iii) National and regional governments, public bodies that manage public debt, central banks, international and supranational institutions such as the World Bank, the International Monetary Fund, the European Central Bank, the European Investment Bank and other similar international organizations.

(iv) Other institutional investors whose main activity is to invest in financial instruments, including entities dedicated to the securitization of assets or other financial transactions. The entities mentioned above are considered to be professionals.

This category receives a lower level of protection than Retail clients

It is the responsibility to the subject that enters in the area of the web-site denominated “Professional Investors” to verify its own quality and the belonging to such category.

For the purpose of this web-site, Private Investor indicates the MiFID category of Retail clients. All the clients or prospective clients that do not fall under the classification of Professional Investors or Institutional Investors have to be considered as Private Investors according to this web-site.

This is the classification that offers the most protection and imposes the most requirements in terms of communication, disclosure and transparency.

It is the responsibility to the subject that enters in the area of the web-site denominated “Private Investor” to verify its own quality and the belonging to such category.