1. Agreement

By using the website www.flex-max.eu and any of its pages (hereinafter the “Website”), you confirm that you have reviewed, understood and agreed to the following important information and terms of use (hereinafter the “Terms”). If you do not agree to the Terms, please leave the Website immediately.

The Terms are subject to change at any time without notice and we advise you to read through the Terms regularly to ensure that you are aware of any changes. Access to, and use of, the Website may be restricted or terminated at any time.

Both the Terms and use of the Website are governed by the laws of the Grand Duchy of Luxembourg.  

2. No offer, no advice

All information, products, data, services, tools and documents provided on the Website (hereinafter the “Content”) are provided solely for information purposes and constitute neither an advertisement nor recommendation, offer or solicitation to buy or sell investment instruments, to effect any transaction or to enter into any legal relations.

The financial products presented on the Website may not be suitable for all investors. Investors should carry out thorough research and seek professional advice before making any investment decisions.

Nothing presented on the Website constitutes financial, legal, tax or other advice, nor should any investment or any other financial decision be made solely based on the content of the Website. Investments in any of the investment instruments described on the Website should only be made after carefully studying the relevant prospectus, regulations and annual or half-yearly report, including all the legal information therein. You should obtain advice from a qualified expert before making any investment decision. 

3. Local restrictions

Website access for certain investors may be restricted or prohibited by local laws applicable to individual investors. Investors to whom such restrictions apply by reason of nationality, domicile, residence or any other grounds should not access the Website. The Content is not intended for use by or distribution to any individual or legal entity in any jurisdiction or country where such distribution, publication or use would be contrary to  law or regulatory provisions of that jurisdiction or country. Nor is the Content intended for use by or distribution to any individual or legal entity in any jurisdiction or country in which members of the group of Companies controlled by International Investment Platform S.A., Luxembourg (hereinafter “IIP”) or any of their partners does not hold the necessary registration, approval or license. In certain countries (e.g. the United States), some IIP entities, services and products may not be registered or licensed under legal and regulatory provisions governing financial services, products and their providers. All Website users are therefore advised to contact their nearest IIP entity for information about products and services available in their country. 

4. No warranty

IIP provides no warranty and makes no representations of any kind whatsoever regarding:

·         the timeliness, accuracy or completeness of the Content;

·         the potential investment results to be obtained or inferred by any user of the Website; or

·         any third-party content accessible via the Website.

Except to the extent required by current laws and/or regulations, IIP, including its directors, employees or subcontractors:

·         disclaims any and all expressed or implied warranties and conditions including, without limitation, warranties and conditions as to quality and fitness for a particular purpose; and

·         does not warrant that the Website, Content (including any third party content), goods and services referred to therein will be uninterrupted or error free, that defects will be corrected or that the Website, the servers from which it is available, or any connected website, is free of viruses, trojan horses, worms and similar, or processes or other harmful components. To safeguard against viruses, users are advised to use up-to-date versions of browsers and to install and update antivirus software. Users should strictly avoid opening e-mails of unknown origin or unexpected e-mail attachments.

Any data, including but not limited to, financial market data, quotes, notices, research or other financial information accessible through the Website, have been obtained from carefully selected sources believed to be reliable. All such information is provided “as is” to the user without expressed or implied warranties of any kind, including warranties of quality, originality, non-infringement of intellectual property or fitness for any particular purpose.

The information and opinions in the Website are descriptive of IIP as a whole and the products and services described may not be available to or suitable for all investors. The fact that a user accesses the Website does not make them a client of IIP.

Any expressions of opinion, estimates and projections on the Website are those of the authors at the date of writing. They do not necessarily reflect the view of IIP and are subject to change at any time without prior notice. IIP may discontinue, or make changes in, the information, data and documents, and the products and services described herein, at any time without prior notice. 

5. No liability

To the maximum extent permitted by current laws and regulations, IIP, including its directors, employees or subcontractors disclaim any and all liability for losses or damages of any kind whatsoever arising directly or indirectly as a result of:

·         the Content, accuracy, completeness or otherwise of the Content or any links or third-party content;

·         any errors in or omissions from the Website;

·         use of or access to the Website;

·         any inability to access or use the Website for any reason.  

To the full extent permitted by current laws and regulations, IIP shall not be liable for any

·         loss of profit or revenue or savings or other economic loss;

·         loss of business or goodwill;

·         loss or damage of data;

·         incidental or special loss; or

·         indirect consequential loss arising from use of or access to the Website, even if advised of the possibility of any such loss or damage or if such loss or damage was foreseeable.

IIP assumes no liability for the correctness or accuracy of the given information, and it may be subject to change at any time, without notice.  

6. Proprietary information

 Unless accompanied by an explicit statement to the contrary, the Content on the Website is protected by copyright, database rights, or other intellectual property rights, and is the property of the IIP Group. The Website and all its Content is presented by IIP Luxembourg in line with the laws of the Grand Duchy of Luxembourg.
Nothing on the Website is designed to grant any licence or right to use any image, trademark or logo. No act of downloading or otherwise copying from the Website will transfer any legal entitlement to any software or material on the Website to the transferer. IIP reserves all intellectual property rights to all material on the Website, and will enforce such rights to the full extent of applicable law. 

7. Performance

Past performance is not a guide to future performance. The value of investments, and income from them, can go down as well as up. You may not get back the amount you have invested. You should be aware that currency fluctuations, either up or down, may also affect the value of an investment. The mention of any specific shares should not be taken as a recommendation to deal. There may be commissions, trailing commissions, management fees and expenses associated with investments. Yields are not guaranteed and can fluctuate. Net asset value information has been obtained from sources believed to be reliable, but IIP makes no representation to its accuracy, reliability or completeness and accepts no liability for any direct or indirect loss arising from its use.

The performance is usually calculated on the basis of the relevant NAV unless stated otherwise. Performance shown does not take account of any fees and costs associated with subscribing or redeeming shares. It is assumed that all dividends were reinvested. The value of units and the return they generate can go down as well as up. Changes in market conditions and exchange rates can cause a fall or rise in share value. Past performance does not guarantee the same results in the future. Before investing in any financial instrument an investor should contact their financial adviser / legal adviser / tax adviser and refer to all relevant documents relating to the particular investment, such as the latest annual or semi-annual report, prospectus, simplified prospectus, articles or any other document specifying the particular risks associated with the investment, together with any specific applicable restrictions, and the basis for dealing. 

8. Monitoring

Please note that all actions while using the Website may be recorded and analysed for various purposes, including security, marketing and system monitoring purposes. 

9. Third-party websites

Links to third-party websites on the Website are provided solely as suggestions for information on topics that may be useful to users of the Website, and IIP has no control over the content on such third-party websites. No warranties or liability concerning the content of such websites are made. Nor does IIP warrant that such a website or content is free from any claims of copyright or trademark or other infringement of the rights of third parties. 

10. Data transfer/processing

Whilst IIP takes measures to ensure that your personal data cannot be intercepted by third parties, please note that when using the Website, data is transported over an open network (Internet) which is accessible to third parties and which cannot be regarded as a secure environment. IIP may transmit or store any data provided by you when using the Website outside your country of residence. In such cases, IIP will make every effort to secure an appropriate standard of protection for your data, taking account of the applicable legal and regulatory requirements, including those relating to client confidentiality and data protection. However, it is possible that data may be relayed to a country in which the prevailing standards of data protection are lower than in your country of domicile. IIP accepts no responsibility or liability for the security of your data during transmission via the Internet.

In general, when you visit a Website in order to learn about a product or service, you remain anonymous. If we should ever ask you for your personal data, we will let you know in advance why we have made such a request, how we intend to use your personal data and what your rights are should you provide us with your personal data.  

11. Material interests

IIP and/or its Board of Directors, executive management and employees may have or have had interests or positions or traded or acted as market makers in securities referred to on the Website. Furthermore, such entities or persons may have or have had a relationship with or may provide, or have provided corporate finance or other services to, or serve or have served as directors of, companies referred to on the Website. 

12. Investment risks

Investors should be aware that investing in financial instruments carries inherent risk, including the possible loss of invested capital. Past performance provides no guarantee nor indication of future performance. The price of an investment and the yield achieved will fluctuate, so that the value of shares held by an investor may be above or below the original acquisition price upon redemption. Due to market volatility, performance may vary considerably over the short term. Furthermore, some financial instruments invested mainly in emerging markets and/or in shares of small-capitalized companies and/or in high-interest-rate bonds are subject to higher levels of risk due to the nature of the investment. Please read the investment policy in the prospectus, articles and/or the regulations in order to familiarize yourself with the specific risks associated with a specific financial instrument. The financial instruments may also invest in underlying assets that expose the investment instrument to currencies other than the base currency of the financial instrument. In such cases the added risk of exchange-rate fluctuations will also arise. Investors should review the specific risk warnings as presented in the relevant documents before making an investment decision.