These Website Terms and Conditions of Use ("Terms") are effective as of September 9th, 2016. You acknowledge that by accessing http://www.investivity.com (the "Website") you are agreeing to these terms. Please feel free to contact us with any comments, questions or suggestions you might have regarding them. You may send us an e-mail at contact@investivity.com

Nothing contained in or on the Website should be construed as a solicitation or offer, or recommendation, to acquire or dispose of any security, commodity, or investment or to engage in any other transaction. The information provided on the Website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. All persons and entities accessing the Website do so of their own initiative and are responsible for compliance with applicable local laws and regulations. The Website is not directed to any person in any jurisdiction where the publication or availability of the Website is prohibited, by reason of that person's nationality, residence or otherwise. Persons subject to these restrictions must not access the Website.

The returns presented on this website are net returns after brokerage commissions and management fees but before potential taxes, custody fees and performance fees. Performance would have been reduced by such fees and the effect of these on performance compounds over time. The results presented do not constitute actual trading of any specific account or fund and are based on simulated results. Those have certain inherent limitations such as an over or under estimation of how actual execution of trades might have impacted market prices and the risk that the benefit of hindsight might have impacted the way simulations are conducted. Regarding ETFs, proxies have been constructed - when necessary - before their initial first trading date, taking into account the inherent costs of the actual instrument and their characteristics, but those proxies do not constitute prices of actually traded instruments. No claim is being made that any account or investing vehicle will perform as the hypothetical performance charts indicate. It is further reminded that all investments entail risks and that past performance may not be indicative of future results.

All materials displayed or otherwise contained on this Website, including without limitation, all images, text, articles, programs, photographs, illustrations, and graphics are owned by Investivity, or a licensor thereof, and are protected by Swiss and international copyright laws. Any commercial use of these materials by the User is strictly prohibited without the express written permission of Investivity, and nothing contained on this Website should be construed as granting, by implication or otherwise, such permission. By utilizing this Website, the User agrees not to sell, copy, publish, distribute, transfer, modify, display, reproduce or create derivative works from the materials on this Website for commercial use. The User agrees not to publish, display or redeliver any of the pages, text, images or content of this Website using "framing" or similar techniques.

The information on the website is provided "as is". Investivity does not warrant the accuracy of the materials provided herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or fitness for a particular purpose. You acknowledge that Investivity shall have no liability, contingent or otherwise, to you or to any third parties, or any responsibility whatsoever, for the failure of any connection or communication service, to provide or maintain your access to online services or products, or for any interruption or disruption of such access or any erroneous communication between Investivity and you. Investivity shall have no liability, contingent or otherwise, to you or to third parties, for the accuracy, quality, timeliness, performance, reliability, or completeness of the information or services contained on the website, or delays, omissions, or interruptions in the delivery of the data available on the website. In no event will Investivity be liable for any special, indirect, incidental or consequential damages that may be incurred or experienced on account of the use of any data or services or products made available on this website, even if Investivity has been advised of the possibility of such damages. Investivity shall have no responsibility to inform or notify you of any difficulties experienced by Investivity or any third parties with respect to the use of data provided herein. You further acknowledge that nothing contained on this website (including, but not limited to, strategies, research and educational articles) constitutes investment, legal, tax or other advice, nor is it to be relied upon in making any investment or other decisions. You should seek professional advice prior to making any investment decisions.

If any of the provisions of these Terms are deemed unlawful or for any reason unenforceable, the same shall be inoperative only to the extent necessary to achieve compliance with applicable law and shall not affect the remaining Terms, which shall be given full effect, without regard to the invalid portion(s).

The laws of the Geneva canton, Switzerland, shall govern these Terms. The User agrees that any dispute or controversy arising out of these Terms shall be prosecuted exclusively in the cantonal or federal courts in the canton of Geneva, Switzerland.