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 Fern Wealth AG (hereinafter referred to as the «financial institution») and its services.
A. Company information
Address
Bundesplatz 14 6300 Zug Phone: +41 41 720 2122 Email: alastair@fernwealth.ch www.fernwealth.ch |
The financial institution was established in 2016.
Supervisory authority and audit firm
The financial institution has been licensed as a portfolio manager in accordance with the Swiss Financial Market Supervision Act (FinIA) since 2016 and is therefore subject to prudential supervision by the Swiss Financial Market Supervisory Authority FINMA. As part of this supervision, the financial institution is audited by the SWA Swiss Auditors both in terms of regulatory law and obligations. The address of FINMA and the SWA Swiss Auditors can be found below.
FINMA Laupenstrasse 27, 3003 Bern Tel. +41 31 327 91 00 info@finma.ch”> Website: www.finma.ch |
SWA Swiss Auditors AG Bahnhofstrasse 3 8808 Pfäffikon Tel. +41 55 415 54 72 info@swa-audit.ch Website: www.swa-audit.ch |
Ombudsman
The financial institution is affiliated with the independent ombudsman Finanzombudsstelle Schweiz (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 office Finanzombudsstelle Schweiz (Finos) is stated below.
Finanzombudsstelle Schweiz (Finos) Talstrasse 20 CH-8001 Zurich Tel. +41-44 552 08 00 info@finos.ch Website: www.finos.ch |
B. Information on the offered financial services
The financial institution provides discretionary based portfolio management services for its retail clients in collective investment schemes.
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 your client adviser.
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.
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. All clients are considered retail when using Fern Wealth services, thereby affording clients the maximum level of protection under FINMA.
D. Information on risks and costs
General risks associated with financial instruments transactions
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 be found by clicking this link fernwealth.ch.
Clients of the financial institution may contact their client adviser 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 asset management agreements.
As a discretionary portfolio manager for its clients, the basic information sheet of the recommended financial instrument can be requested from your client adviser at anytime.
Information on costs
A fee is charged for the services rendered, which is usually calculated on the assets under management. For more detailed information, please refer to the relevant investment asset management agreement.
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. The acceptance of payments from third parties as well as their treatment are regulated in detail and comprehensively in the respective asset management agreement.
F. Information on the market offer considered
The financial institution follows an open universe approach, aiming to select the most suitable financial instruments for its clients. This strategy allows for comprehensive analysis and regular portfolio updates to ensure that clients consistently benefit from the best available investment options.