Legal notice /
Terms of use

1. consent
Please read the following legal notice / terms of use ("Terms of Use") carefully before accessing our website. By accessing our website and the information, functions, documents, opinions, statements, forecasts, products, services, further links, etc. contained or described therein. ("Information"), you declare that you have understood the Terms of Use and accept them in full. If you do not understand or do not accept one or more provisions of the Terms of Use, please leave our website.

2. limited access
Our website may not be accessed by natural or legal persons who (in particular due to their nationality and/or their registered office/residence) are subject to a legal system that prohibits or restricts the publication of the content of our website or access to our website (for whatever reason). Persons to whom these restrictions apply are prohibited from accessing our website.

3. no offer
The information published on our website does not constitute a recommendation, solicitation, offer or invitation to offer (i) to buy or sell investment instruments, (ii) to provide a financial service, (iii) to effect any other transaction or (iv) to conclude any other legal act. They are for information purposes only. It cannot be excluded that the investment instruments and services described are not suitable, appropriate or available for you. Unless expressly designated as such, the website and the information contained therein also do not constitute a basic information sheet, a prospectus or a comparable document within the meaning of the Federal Act on Financial Services (FIDLEG).

4. no consultation
The information published on our website is not intended as investment advice and in no way constitutes advice on legal, tax, economic or other matters. They do not relate to specific investment objectives, financial situation or the particular needs of specific users of our website and are unsuitable as a basis for decision-making. Before deciding to take any specific action, you should seek advice from a specialized expert. By providing content on the website or by calling it up, the provider does not enter into any contractual relationship with the user.

5. no warranty
We take the greatest possible care in compiling the content on our website. The contents of our website are constantly updated and checked for accuracy. However, we do not provide any warranty (neither express nor implied) and make no representation regarding the correctness, accuracy, timeliness and completeness of the information published on our website. In particular, we are under no obligation whatsoever to update outdated information, to remove it from our website or to mark it accordingly. The information contained on our website may be changed at any time without notice. 

Further, we assume no responsibility and give no warranty that the functions on our website will not be interrupted or error-free, that defects will be corrected, or that the website and the servers from which the content can be accessed are free of viruses, Trojan horses, worms, software bombs or other harmful components and programs.

The past performance of an investment instrument is not necessarily indicative of its future performance. Investments in foreign currencies are also subject to exchange rate fluctuations. Distributions in connection with an investment instrument may also vary. We do not guarantee (i) the increase or preservation of the value of the capital invested in investment instruments and (ii) the amount of future distributions.

All information and data available through this website, including but not limited to financial market data, price data, news, research or other financial information, are based on sources believed to be reliable and have been carefully selected. All available information is provided to the user on an "as is" basis without any representations or warranties, express or implied, as to quality, originality, infringement of intellectual property or fitness for a particular purpose. The information provided also does not constitute a guarantee that specific services and/or specific products will be available.

6. no liability
We make no representations or warranties regarding access to or use of our or any third party websites or the timeliness, accuracy or completeness of the information provided on the website. To the extent permitted by law, any liability of Aquila and its directors, employees or agents for direct or indirect damages, including consequential damages and lost profits, arising out of information provided on our website or directly or indirectly related to the use of our website and the information contained therein or to the risks of the financial markets is excluded. To the extent permitted by law, this exclusion of liability also covers liability due to negligence and also applies if we inform about the possibility of such consequences or if such consequences were foreseeable. The exclusion of liability then also applies to all damages that can be attributed to the fact that third parties have manipulated our website.

7. no orders
The input fields/contact forms contained on our website are not available for placing or revoking orders (e.g. orders/cancellations to buy/sell investment instruments) or other authorizations to us. Orders/cancels issued in this way will not be executed by us - even without corresponding feedback to the sender - and no effective contract will be concluded with us.

8. potential conflicts of interest
We cannot exclude the possibility that we ourselves or our directors or employees have in the past invested, are currently investing or will in the future invest in investment instruments about which our website contains information. Furthermore, it cannot be ruled out that we have provided services to the issuers of such investment instruments in the past, are currently providing services to them or will provide services to them in the future and that our employees or directors have acted, are acting or will act for the issuers of such investment instruments, for example, as directors. We therefore cannot exclude the possibility that we or our directors or employees may have an interest in the future price performance of investment instruments.

9. property, copyright and trademark rights
All elements on our website are protected by intellectual property rights and are the property of us or third parties. Downloading or printing elements of our website does not transfer any rights, especially no rights related to software and trademarks. Copyright notices and trademarks may not be altered or removed. The complete or partial reproduction of elements of our website, no matter in which form (esp. electronically or printed out), is only permitted with full reference to the source and prior written consent from us. Without our written permission, it is prohibited to systematically retrieve content from our website (whether through robots, spiders, automated or manual) in order to directly or indirectly compile a collection or database or directory or to link to our website. We reserve the right to fully exercise all possibilities to enforce our rights.

10. links to other websites and third-party content
By using a link, you may leave our website to web pages of other providers (so-called "external links") and their content. Links to third-party websites as well as third-party content on our website are provided by us in addition to our own content solely for reasons of user-friendliness and information. We have no control over the content of such external websites or third-party content and accept no responsibility with regard to their correctness, accuracy, completeness, truth, timeliness or suitability for any particular purpose. Any liability, in particular for any direct or indirect damage or consequences arising from the use of third-party content or third-party websites, is excluded. We have no influence whatsoever on the content of third parties and linked sites and therefore, despite careful selection, accept no liability for third-party content or the content of external links, in particular for content that has been changed after the link was set up. The responsibility for the content of third parties or linked sites thus lies exclusively with the authors of third party content or the operators of the websites accessed through the external links.

In addition, we do not warrant that such websites or their content will not give rise to any copyright or trademark claims or other infringements of third party rights, nor that such websites or their content are free of viruses or other harmful components. No warranty is given for the authenticity of documents on the Internet.

Third-party websites are not subject to our privacy policy. We are not responsible for their privacy practices and recommend that you read their terms of use and privacy policies carefully before using third-party websites so that you understand how your personal information and privacy are protected.

11. data protection
All activities in the course of accessing and using our website may be registered and analyzed and stored for security, marketing and system monitoring purposes, among others. Further information on data protection can be found on our privacy policy, which can be accessed via the following link:

Privacy policy Aquila

12. changes to the terms of use
We reserve the right to change these Terms of Use from time to time and without prior notice. We therefore ask you to read these Terms of Use each time you access our website and to check whether you also agree with the new version. If you do not understand or do not accept one or more provisions of the current Terms of Use, please leave our website.

13. legal validity of the disclaimers
The aforementioned disclaimer is to be regarded as part of the internet publication which you were referred from. If sections or individual terms of this statement are not legal or correct, the content or validity of the other parts remain uninfluenced by this fact.

14 Applicable law / place of jurisdiction
User access and use of the website as well as the terms of use are subject to Swiss law with jurisdiction in Zurich for all users of our website.


FIDLEG Information Letter

Tax regulations

Domicile address

Aquila AG
Bahnhofstrasse 43
CH-8001 Zurich
Phone: +41 58 680 60 00

Postal address

Aquila AG
PO Box,
CH-8022 Zurich