LEgal notice & information
FinSA Client information
Based on the legal requirements of Art. 8ff. of the Financial Services Act (FINSA), we would like to supply you with this information sheet which provides an overview of Arnova Capital AG (hereinafter referred to as the «financial institution») and its services.
A. Company information
Address
Street: Baarermattstrasse 10
Zip Code/City: 6340 Baar
Phone: +41 41 710 74 74
Email: invest@arnova.com
Website: www.arnova.com
The financial institution was established on 26.01.2018.
Supervisory authority and audit firm
Under the new Federal Act on Financial Institutions (FinIA), all financial institutions need a license from FINMA to carry out their professional activities as a portfolio manager. The financial institution received its license on 01.05.2024 and is supervised by the OSFIN. The financial institution is audited by the auditing company CAPREV Wirtschaftsprüfung und -beratung AG in terms of regulatory law. The address of the supervisory organization and the auditing company can be found below.
Supervisory organization: OSFIN
Street: Florastrasse 44
Zip Code / City: 8008 Zurich
Phone: +41 43 488 52 41
Email: info@osfin.ch
Website: www.osfin.ch
Audit Firm Name: CAPREV Wirtschaftsprüfung und -beratung AG
Address: Industriestrasse 47
Zip Code / City: 6300 Zug
Phone: +41 41 761 92 45
Email: info@caprev.ch
Website: caprev.ch
Ombudsman
The financial institution is affiliated with the independent ombudsman OFS – Ombud Finanzen Schweiz, which is recognized by the Federal Department of Finance. Disputes concerning legal claims between the client and the financial services provider should be settled by an ombudsman's office, if possible, within the framework of a mediation procedure. The address of OFS – Ombud Finanzen Schweiz is stated below.
Name Ombudsman: OFS – Ombud Finanzen Schweiz
Address: Bd des Tranchées, 16
Zip Code / City: 1206 Geneva
Phone: +41 22 808 04 51
Email: : contact@ombudfinance.ch
Website: ombudfinance.ch
B. Information on the offered financial services
The financial institution provides portfolio management services and portfolio-based and transaction-based investment advisory services to its clients.
In the case of a transaction-based investment advisory mandate with the financial institution, a personal recommendation relating to individual financial instruments is provided to the client. The decision to buy or sell remains always ultimately with the client.
The financial institution does not guarantee any yield nor performance of investment activities. The investment activity can therefore lead to an appreciation or a depreciation in value.
The financial institution has all the necessary licenses to perform the services described above.
C. Client segmentation
Financial service providers are required to classify their clients into a client segmentation according to the law and adhere to the respective code-of-conduct. The Financial Services Act provides for «retail clients», «professional clients» and «institutional clients» segments. For each client, a client classification is determined within the framework of the cooperation with the financial institution. Subject to certain conditions, the client may change the client classification by opting out.
D. Information on risks and costs
General risks associated with financial instruments transactions
The investment advisory and portfolio management services involve financial risks. The financial institution shall provide all clients with the «Risks associated with Financial Instruments Transactions» brochure prior to the execution of the contract. This brochure can also be found at www.swissbanking.ch.
Clients of the financial institution may contact their client advisor at any time if they have any further questions.
Risks associated with the offered services
For a description of the various risks that may arise from the investment strategy for clients’ assets, please refer to the relevant investment advisory or portfolio management agreements.
In the case of investment advice, the financial institution shall provide its retail clients with the basic information sheet of the recommended financial instrument.
Information on costs
A fee is charged for the services rendered, which in Arnova’s case is usually exclusively based on a performance basis. For more detailed information, please refer to the relevant investment advisory or portfolio management agreements.
E. Information about relationships with third parties
In connection with the financial services offered by the financial institution, economic ties may exist with third parties. However, Arnova does not accept payments from third parties. This is regulated in detail and comprehensively in the respective investment advisory and portfolio management contracts.
F. Information on the market offer considered
The financial institution basically follows an «open universe approach» and tries to make the best possible choice for the client when selecting financial instruments. The financial institution's own investment products can – where appropriate – be used in the portfolio management mandates or recommended as part of investment advice.