Use of information and materials


The information and materials on the BellAcre Group website www.bellacre.com (hereinafter, the “Site") are only for professional/ institutional investors. Access to the Site is forbidden to any person from a jurisdiction (by reason of their domicile, residence, nationality or other) whose applicable laws and/or regulations prohibit the publication and/or availability of any information contained on this Site. Persons accessing the Site are required to inform themselves and observe the applicable laws and regulations of their jurisdictions.

The information and services provided on this Site are 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 local law or regulation or which would subject the entities of the BellAcre Group to any registration requirement within such jurisdiction or country. Persons or entities in respect of whom such prohibitions apply must not access or use the Site. You acknowledge to have reviewed the following important legal information and understand and agree to the terms and conditions set therein. If you do not agree to the terms and conditions below, do not access or use this Site in any way. The information provided is for general informational purposes only and should not be considered as an individualized recommendation or personalized investment advice. The type of securities mentioned may not be suitable for everyone. Decisions based on this information are for your own account and risk.


No offer or solicitation


Nothing in this Site should be construed as an offer or the solicitation of an offer to purchase or subscribe or sell any investment or to engage in any other transaction. Furthermore, by offering information, products or services via this Site, no solicitation is made to any person to use such information, products or services in jurisdictions where the provision of such information, products or services is prohibited by law or regulation. You further acknowledge that none of the Information is intended as legal, tax or other advice.


No warranties or representations


Any data, including but not limited to financial market data, quotes, news, research or information accessible through this Site (the "Information") have been obtained from sources believed to be reliable but which have not been independently verified. No guarantee, representation or warranty is given and no responsibility or liability, contingent or otherwise, as to its accuracy, completeness, timeliness or correct sequencing or for any decision made or action taken by you in reliance upon the Information is accepted. There may be delays, omissions or inaccuracies in the Information.


All such Information is provided "as it is" to the user without express or implied warranties of any kind including the warranties of merchantability, originality, non-infringement of intellectual property or fitness for any particular purpose.


Values, figures and prices do not consider the size of a transaction. The size of a concrete transaction may lead to differing values and prices. Value and price may not reflect the current conditions of a market and a certain point of time when an investor might want to purchase or sell his security or currency. All numbers and information given are based on historical data.


The past is not necessarily a guide to the future performance of an investment. The value of investments may fall as well as rise and investors may not get back the amount invested. Changes in rates of foreign exchange may cause the value of investments to go up or down.


For hedging or other purposes the BellAcre Group and third parties linked to the BellAcre Group can purchase or sell securities, raw materials, futures or options, or hold long or short positions which are identical with these securities or related to them. This may influence the value of these securities.


Investments in Euro and/or other currencies which might substitute the Euro are either directly or indirectly based on the respective exchange rates for the USD or the Euro. All information is provided for informational purposes only. No warranties for accuracy or realization are made. Information on the valuation method or currency is available upon request.


Links to external websites


Links to non-BellAcre Group Sites are provided solely as pointers to information on topics that may be useful to users of the Site, and the BellAcre Group has no control over the content on such non-BellAcre Group Sites. No warranties, either express or implied, concerning the content of such site, is made including the accuracy, completeness, reliability or suitability thereof for any particular purpose, nor does the BellAcre Group warrant that such website or content is free from any claims of copyright, trademark or other infringement of the rights of third parties or that such site or content is devoid of viruses or other contamination. No guarantee as to the authenticity of documents on the Internet is given. Links to non-BellAcre Group Sites do not imply any endorsement of or responsibility for the opinions, ideas, products, information or services offered at such sites, or any representation regarding the content at such websites.


For Swiss residents


All information on this Site is only intended for qualified investors according to Article 10 Paragraph 3 of the Swiss Federal Act on Collective Investment Schemes (CISA). Swiss residents accessing this Site and the material made available thereon, explicitly confirm by clicking the “Yes, I accept” button on this entry page that they are qualified investors within the meaning of the CISA.


For U.S. citizens and residents


All mutual funds and certificates mentioned on this Site are not registered or licensed under applicable U.S. financial services laws and regulations and cannot be sold to US citizens, as defined in Regulation S of the United States Securities Act of 1933. The definition particularly includes US citizens as well as all American enterprises. By accepting this disclaimer you confirm that you are neither a citizen nor resident of/in the United States of America (USA).


Intellectual Property Rights


The information and materials contained herein are protected by copyright. Any unauthorized use of any information and materials on this Site may violate copyright, trademark and other applicable laws. It must not be modified, reproduced, copied or redistributed in whole or in part used for any public or commercial purposes without the explicit written consent of the BellAcre Group.

Please note that all your movements on this Site may be recorded and analyzed for security, marketing and system monitoring purposes, among others.

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Important notice;

Bellacre is a proprietary trading company.

Bellacre does not hold or trade client capital, nor offer investment advice.


Bellacre does not invest in unlisted companies or illiquid assets.

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