Fidleg
Federal Act on Financial Services (FinSA)
Information for our clients
Federal Act on Financial Services (FinSA)
Information for our clients
General Information regarding FinSA
FinSA entered into force on January 1st, 2020. The act contains information and transparency requirements vis-à-vis the client, so that the client can make informed decisions when dealing with the bank and its offering of products and services. This applies in particular to transactions on securities, derivatives or forward transactions.
FinSA as well as the European regulation under MiFID II (in force since January 3rd, 2018) include the obligation to profile and segment clients.
The scope of investor protection depends on the classification into the segments of retail (private) clients, professional clients and institutional clients. Acumentum AG carries out the profiling whenever possible directly with the client, who, as a result, is informed about the classification into the respective segment.
Acumentum AG offer the following services:
- Discretionary portfolio management
- Investment advice
- Receipt and transmission of orders in relation to financial instruments
(Execution-only in relation to E. Gutzwiller & Cie, Banquiers)
Information regarding Acumentum AG and the Self-Regulation Organisation VQF
Acumentum AG is affiliated with the Self-Regulation Organisation VQF Financial Services Standards Association. The affiliation with FINControl Suisse Ltd, an independent Swiss Supervisory Organisation is envisaged for 2023, according to the dispositions of the Federal Financial Institutions Act (FinIA).
Acumentum AG is a subsidiary of E. Gutzwiller & Cie, Banquiers, an authorized bank and securities dealer of the category private bankers, regulated through FINMA.
Acumentum AG
Stadthausquai 1
CH-8001 Zurich
Tel : +41 43 497 27 42
www.gutzwiller.ch
VQF
General-Guisan-Strasse 6
CH-6300 Zug
Tel : +41 41 763 28 20
www.vqf.ch
FINcontrol Suisse Ltd
c/o VQF
General-Guisan-Strasse 6
CH-6300 Zug
Tel : +41 41 767 36 00
www.fincontrol.ch
Information regarding affiliation with Ombudsman’s office for financial services
Acumentum AG is affiliated with FINOS, officially recognized ombudsman service. This independent Ombudsman’s office guarantees a professional and serious handling of complaints concerning affiliated companies.
Finanzombudsstelle Schweiz (FINOS)
Talstrasse 20
CH-8001 Zurich
Tel : +41 44 552 08 00
www.finos.ch
Risk information, product information/key information document
Based on requirements by FinSA and in relation to investment activities of clients from the segment of retail (private) clients, we will provide product information relating to financial instruments as proposed or eventually as executed, as long as such is available.
In the brochure “Risks Involved in Trading Financial Instruments” by SwissBanking, you find information on typical financial services as well as on the characteristics and risks of financial instruments. You may download the brochure here.
Principles of best execution and handling of conflict of interests
The principles of best execution by Acumentum AG are laid down in the following fact-sheet.
Regarding the handling of conflict of interests, we refer you to the relevant fact-sheet. Acumentum AG is the investment advisor of the EG CHF Bond Fund (CHF), with E. Gutzwiller & Cie, Banquiers as main distributor. Further, Acumentum AG is investment advisor for a number of Actively Managed Certificates, issued by third-party financial institutions. For further details, please refer to your client advisor.
Information on costs and fees
FinSA
Portfolio Management traditional
Portfolio Management All-in
Advisory Agreement
MIFID
Portfolio Management traditional
Portfolio Management All-in
Advisory Agreement
Duties regarding Documentation, Rendering of account and Provision of documents
Clients may request to receive a copy of their file, provided to them on a durable data medium. In first line, the information will be
– on the received and executed orders
– on the composition, valuation and development of the portfolio in respect of the management of client assets
– on the development of the portfolio in respect of the management of client custody accounts
– on the specific costs which the financial service provider is required to provide details
Within the scope of these duties, it should be noted that the content of client exchanges is regis-tered. Currently, there is no recording of telephone conversations with clients taking place.