In this case, we will provide you the KID in an alternative way. Please let us know if you do not have the possibility to access the KIDs via this link before placing your purchase order. KIDs or PRIIPs for individual financial instruments may be downloaded free of charge from the Bank's website before purchasing or subscribing to the financial instrument concerned. These are the EU counterpart to the Swiss KIDs. Equivalent documents may be used in place of the KID, such as so-called packaged retail investment and insurance-based products (PRIIPs). Typical financial instruments for which a KID must be provided include fund units, structured products and options. You will not receive a KID for every single financial instrument. The KID contains a summary of the key features and characteristics of the financial instrument concerned, such as costs, risks and earnings prospects. In addition, the key information document (KID) for the relevant financial instrument is provided to retail clients within the meaning of the FinSA where particular financial instruments are personally recommended within the context of an advisory mandate and prior to the implementation of execution-only orders. Upon request, your client advisor will provide you with a hard copy of the brochure. ![]() The greater the risk, the more ambitious the target returns for a strategy are.įurther features along with information about how financial services and financial instruments work, the resulting risks, and your rights and duties are set out in the brochure entitled Risks involved in trading financial instruments. The strategic risk is embodied in the level of anticipated fluctuation in value and the likelihood of suffering a loss. You make your own decision concerning the investment strategy in relation to discretionary asset management and portfolio-related investment advice. Any orders placed with the Bank by external asset managers will be treated for these purposes as execution-only orders. The Bank shall not draw attention to this again on the occasion of execution-only orders. In accordance with the FinSA, the Bank does not perform a suitability review in relation to execution-only orders. The Bank provides financial services in the form of discretionary asset management, portfolio-related investment advice, and the pure execution and transmission of client orders (execution-only). In order to conclude a contract and for financial services to be provided, you must be familiar with the risks associated with dealing in financial instruments. Jakob-Strasse 46 PO Box 4002 Basel +41 61 279 41 41 9 PO Box 8021 Zurichįinancial services and financial instruments ![]() The limited partnership is managed by two members who bear unlimited personal liability.Īs the holder of a banking licence, the bank Baumann & Cie KmG is subject to the Swiss Federal Act of 8 November 1934 on Banks and Savings Banks (Banking Act, BankA) and is supervised by the Swiss Financial Market Supervisory Authority FINMA.Ĭontact details: Baumann & Cie KmG St. You will already be familiar with much of this information, irrespective of the FinSA, from contractual documentation, brochures or the Bank's website.īaumann & Cie KmG is a Swiss private bank with headquarters in Basel, which was founded in 1920. We comply with the disclosure requirements under the FinSA by providing the following information. On 1 January 2020, the Federal Act of 15 June 2018 on Financial Services (Financial Services Act, FinSA) entered into force, the primary aim of which is to enhance protection for clients and investors. Information for clients according to the Financial Services Act (FinSA)
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