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 1L Capital AG (hereinafter referred to as the «financial institution») and its services.
A. Company information
Address
Street: Poststrasse 3
Zip Code/City: 8001, Zürich
Phone: +41 78 884 0122
Email: info@1lcapital.com
Website: www.1lcapital.com
The financial institution was established in September the 13th, 2021.
Supervisory authority and audit firm
Currently (as of: March 2023), the financial institution is supervised by FINControl Suisse AG. With the new Financial Institutions Act (FinIA), all financial institutions need a license from FINMA to carry out their professional activities as a portfolio manager according to FinIA Art. 17.
The financial institution is audited and reviewed by the auditing company Grant Thornton AG both in terms of supervisory law and in terms of obligations. The address of the supervisory organization, FINControl Suisse AG and Grant Thornton AG can be found below.
Supervisory organization: FINControl Suisse AG
Street: General-Guisan-Strasse 6
Zip Code / City: 6300 Zug
Phone: + 41 41 767 36 00
Email: info@fincontrol.ch
Website: www. fincontrol.ch
Audit Firm Name: Grant Thornton AG
Address: Claridenstrasse 35
Zip Code / City: 8027 Zürich
Phone: +41 43 960 71 71
Email: Christina.Schibli@ch.gt.com
Website: www.grantthornton.ch
Ombudsman
The financial institution is affiliated with the independent ombudsman office 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 ombudsman office Finanzombudsstelle Schweiz (FINOS) is stated below.
Name Ombudsman: Finanzombudsstelle Schweiz (FINOS)
Address: Talstrasse 20
Zip Code / City: 8001 Zürich
Phone: +41 44 552 08 00
Email: info@finos.ch
Website: www.finos.ch
B. Information on the offered financial services
The financial institution 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 the relevant prospectuses and factsheets.
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 or opting in.
D. Information on risks and costs
General risks associated with financial instruments transactions
The 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 also be found at www.swissbanking.org.
Clients of the financial institution may contact their client advisor 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 portfolio management agreements.
Information on costs
A fee is charged for the services rendered, which is usually calculated on the assets under management and/or on a performance basis. For more detailed information, please refer to the relevant investment portfolio management agreements.
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 contracts.