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 47 Capital AG (hereinafter referred to as the «financial institution») and its services.

Address

Street: Samstagernstrasse 41
Zip Code / City: CH-8832 Wollerau
Phone: +41 (55) 5110447
E-Mail:
Website: : www.47-capital.com

The financial institution was established in 2021.

Supervisory authority and audit firm

Under the new Federal Act on Financial Institutions (FinIA), all financial institutions will in future need a license from FINMA to carry out their professional activities as asset managers. The deadline for submitting the application is the end of 2022. The financial institution received its license on 27.01.2022 and is supervised by the AOOS. The financial institution is audited by the auditing company Grant Thornton AG both in terms of regulatory law and obligations. The address of the supervisory organization and the auditing company Grant Thornton AG can be found below.

Supervisory organization: AOOS Schweizerische Aktiengesellschaft für Aufsicht
Street: Clausiusstrasse 50
Zip Code / City: 8006 Zürich
Phone: +41 (44) 215 98 98
E-Mail:
Website: www.aoos.ch

Audit Firm Name: Grant Thornton AG
Street: Claridenstrasse 35
Zip Code / City: CH-8027 Zürich
Phone: +41 (43) 960 71 71
E-Mail:
Website: www.grantthornton.ch/de/

Ombudsman

The financial institution is affiliated with the independent ombudsman FINOS, 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 FINOS is stated below.

Name Ombudsman: FINOS – Finanzombudsstelle Schweiz
Street: Talstrasse 20
Zip Code / City: CH-8001 Zürich
Phone: +41 (44) 552 08 00
E-Mail:
Website: www.finos.ch

The financial institution provides portfolio management services, portfolio-based and transaction-based investment advisory services.

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 also provides financial services in collective investment schemes. For further information on the various collective investment schemes, the general risks, specifications, and operating procedures, please refer to the relevant prospectuses and factsheets.

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.

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.

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.org .

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 is usually calculated on the assets under management and/or on a performance basis. For more detailed information, please refer to the relevant investment advisory or portfolio management agreements.

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

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 collective investments can – where appropriate – be used in the asset management mandates or recommended as part of investment advice.