Terms of Use


Access to the CIS Asset Management Website defined below is provided by CIS Asset Management. For purposes of this agreement, "CIS Asset Management" shall mean CIS Asset Management (Deutschland) GmbH and its affiliates, and their officers, directors, managing directors, partners, and employees. The "CIS Asset Management Web site" shall mean the Web site of CIS Asset Management (Deutschland) GmbH available to the general public and located at www.cisamag.com.

MONITORING BY CIS ASSET MANAGEMENT

This website uses Google Analytics, a web analytics service provided by Google, Inc. (“Google”). Google Analytics uses “cookies”, which are text files placed on your computer, to help the website analyze how users use the site. The information generated by the cookie about your use of the website (including your IP address) will be transmitted to and stored by Google on servers in the United States. In case of activation of the IP anonymization, Google will truncate/anonymize the last octet of the IP address for Member States of the European Union as well as for other parties to the Agreement on the European Economic Area. Only in exceptional cases, the full IP address is sent to and shortened by Google servers in the USA. On behalf of the website provider Google will use this information for the purpose of evaluating your use of the website, compiling reports on website activity for website operators and providing other services relating to website activity and internet usage to the website provider. Google will not associate your IP address with any other data held by Google. You may refuse the use of cookies by selecting the appropriate settings on your browser. However, please note that if you do this, you may not be able to use the full functionality of this website. Furthermore you can prevent Google’s collection and use of data (cookies and IP address) by downloading and installing the browser plug-in available under https://tools.google.com/dlpage/gaoptout?hl=en-GB.

You can refuse the use of Google Analytics by clicking on the following link. An opt-out cookie will be set on the computer, which prevents the future collection of your data when visiting this website: Disable Google Analytics

Further information concerning the terms and conditions of use and data privacy can be found at http://www.google.com/analytics/terms/gb.html or at https://www.google.de/intl/en_uk/policies/. Please note that on this website, Google Analytics code is supplemented by “anonymizeIp” to ensure an anonymized collection of IP addresses (so called IP-masking).

INFORMATION MADE AVAILABLE THROUGH THIS SERVICE

You are permitted to store, display, analyze, modify, reformat, and print the information made available to you via these services only for your own use. You are not permitted to publish, transmit, or otherwise reproduce this information, in whole or in part, in any format to any third party without the express written consent of CIS Asset Management. In addition, you are not permitted to alter, obscure, or remove any copyright, trademark or any other notices that are provided to you in connection with the information. CIS Asset Management reserves the right, at any time and from time to time, in the interests of its own editorial discretion and business judgment to add, modify, or remove any of the information. These Terms of Use are not intended to, and will not, transfer or grant any rights in or to the information other than those which are specifically described herein, and all rights not expressly granted herein are reserved by CIS Asset Management or the third party providers from whom CIS Asset Management has obtained the information. You are required to read and abide by any additional terms and conditions that may be posted on this service from time to time concerning information obtained from specific third party providers. Such third party providers shall have no liability to you for monetary damages on account of the information provided to you via this service.

NO WARRANTIES MADE AS TO CONTENT; NO RESPONSIBILITIES TO UPDATE

CIS Asset Management makes no warranty, express or implied, concerning this service. The services provided by us and our third party providers are on an "AS IS" basis at your sole risk. CIS Asset Management expressly disclaims any implied warranty of merchantability or fitness for a particular purpose, including any warranty for the use or the results of the use of the services with respect to their correctness, quality, accuracy, completeness, reliability, performance, timeliness, or continued availability.

Neither CIS Asset Management nor any of its third party providers shall have any responsibility to maintain the data and services made available on this Web site or to supply any corrections, updates, or releases in connection therewith. Availability of data and services are subject to change without notice.

NO LIABILITY FOR CONTENT; NO LIABILITY ARISING FROM USE

CIS Asset Management shall have no liability, contingent or otherwise, to you or to third parties, for the correctness, quality, accuracy, timeliness, reliability, performance, continued availability, completeness or delays, omissions, or interruptions in the delivery of the data and services available on this Web site or for any other aspect of the performance of this service or for any failure. In no event will CIS Asset Management be liable for any special, indirect, incidental, or consequential damages which may be incurred or experienced on account of you using the data or services made available on this Web site, even if CIS Asset Management has been advised of the possibility of such damages. CIS Asset Management will have no responsibility to inform you of any difficulties experienced by CIS Asset Management or third parties with respect to the use of the services or to take any action in connection therewith.

NO WARRANTIES MADE AS TO SECURITY

CIS Asset Management makes no warranty whatsoever to you, express or implied, regarding the security of the site, including with respect to the ability of unauthorized persons to intercept or access information transmitted by you through this service.

CONTENT NOT TO BE CONSTRUED AS A SOLICITATION OR RECOMMENDATION

This material has been prepared for informational purposes only without regard to any particular user's investment objectives, financial situation, or means, and CIS Asset Management is not soliciting any action based upon it. This material is not to be construed as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product, or instrument; or to participate in any particular trading strategy in any jurisdiction in which such an offer or solicitation, or trading strategy would be illegal. Certain transactions, including those involving futures, options, and high-yield securities, give rise to substantial risk and are not suitable for all investors.

NO DETERMINATION OF SUITABILITY HAS BEEN MADE; NOT ALL RISKS ARE DISCLOSED; PRIVATE ADVISORS SHOULD BE CONSULTED

The fact that CIS Asset Management has made the data and services provided on this Web site available to you constitutes neither a recommendation that you enter into a particular transaction nor a representation that any product described on this Web site is suitable or appropriate for you. Many of the products described on this Web site involve significant risks, and you should not enter into any transactions unless you have fully understood all such risks and has independently determined that such transactions are appropriate for you. Any discussion of the risks contained herein with respect to any product should not be considered to be a disclosure of all risks or complete discussion of the risks which are mentioned. You should neither construe any of the material contained herein as business, financial, investment, hedging, trading, legal, regulatory, tax, or accounting advice nor make this service the primary basis for any investment decisions made by or on behalf of you, your accountants, or your managed or fiduciary accounts, and you may want to consult your business advisor, attorney, and tax and accounting advisors concerning any contemplated transactions.

NO REPRESENTATIONS MADE AS TO OTHER SITES OR LINKS

This service may provide links to certain Internet sites (the "Sites") sponsored and maintained by third parties. CIS Asset Management is providing such links solely as a convenience to you. Accordingly, CIS Asset Management makes no representations concerning the content of the Sites. The fact that CIS Asset Management has provided a link to the Site does not constitute an endorsement, authorization, sponsorship, or affiliation by CIS Asset Management with respect to the Site, its owners, or its providers. CIS Asset Management has not tested any information, software, or products found on any of the Sites and therefore does not make any representations with respect thereto, including any representations regarding the content or sponsors of the Site, or the suitability or appropriateness of the products or transactions described therein.

GOVERNING LAW AND JURISDICTION

These Terms of Use shall be governed by German law.

CIS ASSET MANAGEMENT (DEUTSCHLAND) GMBH AUTHORISED AND REGULATED BY THE FEDERAL FINANCIAL SUPERVISORY AUTHORITY

This Web site is issued or approved by CIS Asset Management (Deutschland) GmbH ("CIS Asset Management") which is authorised and regulated by the Federal Financial Supervisory Authority ("BaFin"). CIS Asset Management whose registered office is at Hauptstraße 81, 65760 Eschborn, Germany, appears in the BaFin's Register (Registration No. 121247). CIS Asset Management is registered as a Gesellschaft mit beschränkter Haftung (private limited company) in Germany (Amtsgericht Frankfurt, Company Number HRB 87624).

CIS Asset Management is subject to the BaFin rules and guidance, details of which can be found on the BaFin's website at www.bafin.de. The BaFin regulates the financial services industry in Germany and is located at Graurheindorfer Str. 108, 53117 Bonn, Germany and Marie-Curie-Str. 24-28, 60439 Frankfurt, Germany.