Statutory announcements
All persons who call up information published in the World Wide Web on the UPFL web-site thereby confirm their acceptance of the following conditions:

Limitation of Offer
The information published on the UPFL web-site constitutes neither an invitation nor an offer nor a recommendation to enter into transactions or negotiations.

UPFL is not permitted for public distribution in Switzerland nor in any other country and can not be offered publicly.

The content of the UPFL web-site is not intended for persons subject to legislation which prohibits either the publication of or access to the UPFL web-site, whether on account of the nationality of the person concerned, his/her place of residence or any other reason. Persons to whom such restrictions apply are not permitted to access the UPFL web-site.

No guarantee
The information provided is collated by UPFL with the very greatest care and kept up to date. However, UPFL accepts no responsibility whatsoever for correctness, completeness or up to date reliability of the information published on its web-site pages. The content of the web-site pages may be altered at any time and without prior notice.

Caveat regarding risks
It must be noted that the value of an investment may rise or fall. Future performance of investments cannot be forecast on the basis of past price trends. Investments in foreign currencies are additionally subject of variations in rates of exchange. Any decision to invest in shares offered by investment undertakings should only be made after careful study of the prospectus and with integrated investment regulations. All documentation may be requested free of charge from UPFL or may be downloaded from the UPFL web-site.

Liability exclusion
UPFL is not liable in any circumstances (including negligence) for loss or damage (both direct or specific direct and consequential damage) of any kind arising from or in connection with access to and use of or interrogation of the UPFL web-site pages or with links with third parties' web-sites.

Copyright
Both the complete contents and the layout of the UPFL web-site are protected by copyright legislation. All rights are reserved. Reproduction in full or in part, electronic or any other method of dissemination, modification or use for public or commercial purposes without UPFL's prior written authorisation is prohibited.

Link to third party web-sites
Third party web-sites may be called up by means of hyperlink. UPFL accepts no responsibility for third party web-sites or for any offers (products or services) made therein.

E-mail communications
Currently, e-mail communications with UPFL are open and unscrambled. Therefore it cannot be excluded that communications sent in this manner will not be captured by third parties and that this may provide evidence of correspondence with our institute. In addition, there are circumstances in which the data will be transmitted across national boundaries, even if sender and recipient live in the same country.