Based on the legal requirements of Art. 8 et seq. of the Financial Services Act (FIDLEG), the following provides an overview of Swiss Capital Wealth Management AG (hereinafter the “Financial Institution") and its services.

 

A.   Information about the company

 

Swiss Capital Wealth Management AG

Klausstrasse 4

8008 Zürich - Switzerland

Phone: +41 44 226 52 22

Website: www.swisscap.com

The financial institution was founded in 1998.

 

Supervisory Authority and Audit firm

At present (as of January 2022), the financial institution is supervised by the self-regulatory organization VQF (Financial Services Standards Association). With the new Financial Institutions Act (FINIG), all financial institutions will in future require a license from FINMA (Swiss Financial Market Supervisory Authority) to carry out their professional activities as asset managers. The deadline for submitting the application is the end of 2022. The financial institution will submit the application to the relevant licensing authorities for authorization as an asset manager in the coming months. The future licensing status can be found on the homepage.

The financial institution is audited and reviewed by the audit firm CAPREV Wirtschaftsprüfung und -beratung AG for both regulatory and compliance purposes. The address of the VQF and CAPREV Wirtschaftsprüfung und -beratung AG can be found below.

 

VQF Financial Services Standards Association

General-Guisan-Strasse 6

6300 Zug - Switzerland

Phone: +41 41 763 28 20

Website: www.vqf.ch

 

CAPREV Wirtschaftsprüfung und -beratung AG

Industriestrasse 47

6300 Zug - Switzerland

Phone: +41 41 761 92 45

Website: www.caprev.ch

 

 

Ombudsman's Office

The financial institution is affiliated with the independent ombudsman’s office “Verein Ombuds-stelle Finanzdienstleister (OFD)”, which is recognized by the Federal Department of Finance. Disputes concerning legal claims between clients and the financial institution shall be settled by the ombudsman's office as far as possible within the framework of a mediation procedure. The address of the ombudsman's office can be found below.

Ombudsstelle Finanzdienstleister (OFD)

Bleicherweg 10

8002 Zurich - Switzerland

Phone: +41 44 562 05 25

Website: www.ofdl.ch

  

B.   Information about the financial services offered

The financial institution provides asset management services, portfolio and transaction-related investment advisory services and execution-only services to its clients. In the case of an investment advisory mandate with the financial institution, a personal recommendation relating to individual financial instruments is made to the client. Ultimately, the decision to buy or sell always remains with the client.

The financial institution guarantees neither a return nor a success within the scope of the investment activity. The investment activity can therefore lead to an increase in value but also to a loss in value.

C.   Client segmentation

Financial service providers must assign their clients to a legally defined client segment and comply with the corresponding behavioral obligations. The Financial Services Act provides for the segments "private clients", "professional clients" and "institutional clients". A client classification is determined for each client as part of the cooperation with the financial institution. Subject to compliance with certain conditions, the client can change the client classification by so-called opting-in or opting-out.

D.   Information about risks and costs

General Risks in Trading with Financial Instruments

The investment advisory and asset management services involve financial risks. The financial institution shall hand out the brochure "Risks in Trading with Financial Instruments" to all clients prior to conclusion of the contract. This can also be viewed at www.swissbanking.org.

In case of any and further questions, the clients of the financial institution may contact their client advisor at any time.

 

  

Risks in connection with the service offered

For a presentation of the various risks that may arise from the investment strategy for the client’s assets, please refer to the relevant investment advisory or asset management agreements.

 

When providing investment advice, the financial institution shall provide its private clients with the basic information sheet of the recommended financial instrument.

 

  

Cost information

A fee is charged for the services rendered, which is normally calculated on the assets under management and/or on a performance basis. For more detailed information, please refer to the relevant investment advisory and/or asset management agreements.

 

E.    Information about bindings to third parties

In connection with the financial services offered by the financial institution, economic ties may exist with third parties. The receipt of payments from third parties and their treatment are regulated in detail and comprehensively in the respective investment advisory and asset management agreements.

 

F.    Information about the market offer considered

The financial institution generally pursues a "best-in-class" approach, i.e. it tries to make the best possible choice for the client when selecting financial instruments. The financial institution's own collective investments may - where appropriate - be used in the asset management mandates or recommended as part of investment advice.