LEGAL INFORMATION

Terms and conditions of use

Last update: September 10, 2020

Anyone viewing information on Web pages published by the Ballantyne AG ("Ballantyne"; "Ballantyne Group", hereinafter simply named "Ballantyne") implicitly agrees to the terms and conditions set out below. Any special agreements concerning individual Ballantyne services apply in addition to these terms and conditions or, if there is a conflict, take precedence over them.

1. Access

None of the information on these Web pages is intended for persons or companies from countries in which viewing such information entails any form of registration requirement on Ballantyne's part. Furthermore, persons subject to a jurisdiction that prohibits viewing information on these Ballantyne Web pages are not permitted to view said information.

2. No offer or recommendation

None of the information on these Web pages in any way constitutes an offer or a solicitation of an offer to buy or sell products or services. It is intended solely for information purposes and for use by the recipient. Accordingly, no orders for financial transactions are submitted via the message window or e-mail will be accepted. Furthermore, none of the information on these Web pages constitutes a recommendation to buy or sell investment products or to enter into transactions of any kind. If you contact us via the message window or e-mail, we take this as allowance an authorization to contact you in this matter.

3. No advice

The information and opinions published on these websites are not to be construed as investment advice or any other kind of advice on legal, tax, financial or other issues. They are not suitable to be used as a basis for decision-making. Please consult a specialized expert before making any decision to take concrete action.

4. No guarantee that information is up to date, correct or complete

The contents of the Web pages may be amended at any time and without prior notice. The market and investment reports on these Web pages are produced by Ballantyne staff based on information from sources deemed to be reliable. However, Ballantyne offers no guarantee with regard to the content of these reports, which must not be regarded as complete descriptions or summaries of the securities, markets or trends mentioned therein. Ballantyne constantly reviews and updates the information on its Web pages. Despite its best efforts, this information may nevertheless be out of date or based on incorrect data provided by third parties. Ballantyne, therefore, accepts no liability (including vis-à-vis third parties) for the information provided is up to date, accurate, correct, and complete. In particular, Ballantyne is not obliged to remove information from its websites that is no longer current or to explicitly identify such information. It is not permitted to retransmit the contents of the websites and pass them on in full or in extract form. The fact that a user accesses the websites does not make him a client of Ballantyne.

5. Linked Web pages

Users must be aware that Ballantyne has no control whatsoever over third-party Web pages linked to or from Ballantyne Web pages and therefore accepts no liability for the content of such Web pages being correct, complete, and legally valid or for the products and services offered on such Web pages. Ballantyne's express, written permission must always be sought before including a link to a Ballantyne Web page on a third-party Web page.

7. Changes and additions

Ballantyne reserves the right to make changes and additions to the information provided at any time without prior notice.

8. Local legal restrictions

The Ballantyne websites are not intended for persons subject to a jurisdiction that prohibits the publication of or access to the Ballantyne websites due to their nationality or domicile or for any other reason. Persons subject to such restrictions may not access the Ballantyne websites. Services and products comprised on these websites may be subject to local legal restrictions in the transboundary exchange of services. In this regard it might be restricted to Ballantyne to offer all services and products in all countries.

9. Copyright

The content and structure of these Web pages are protected by copyright. Individual pages and/or sections of the Ballantyne websites may be stored or printed out, provided neither the copyright information nor any legally protected trademarks are removed. Anyone saving software or other data provided on the Ballantyne websites or reproducing it in any other way implicitly agrees to the conditions of use. All intellectual property rights remain with Ballantyne The Ballantyne websites may be reproduced in full or in part, in particular its text and images, forwarded electronically or by any other means, altered, linked to or otherwise used for public or commercial purposes only with Ballantyne's prior approval.

The pictures used on the Website are free-to-use, however, their individual copyrights belong to Linkedin c/o Microsoft Corp. (Solutions), Joseph Akbrud (Company).

10. Exclusion of liability

Ballantyne expressly accepts no liability for losses or damages of any kind arising from using or accessing the Ballantyne websites or links to third-party websites or from viewing information on its Web pages. Furthermore, Ballantyne accepts no liability for any unauthorized manipulation of users' IT systems. Ballantyne expressly draws users' attention to the risk of viruses and the threat of hacker attacks. Using the latest browser version and antivirus software is thus strongly recommended. E-mails from unknown senders should not be opened.

11. Data protection and data transfer security

Ballantyne expressly draws users' attention to the fact that data are transferred via public networks such as the Internet or e-mail services, which can be accessed by anyone. Ballantyne cannot guarantee the confidentiality of messages or documents sent via such public networks. Anyone sending personal information (such as senders' and recipients' names and addresses) via a public network should be aware that third parties may be able to view, store and use it without their permission. Third parties may thus be able to deduce existing or prospective accounts and business relationships. Even if the sender and recipient are in the same country, data transferred between them often pass through other countries, including countries that do not offer the same level of data protection as the country in question, without being subject to any controls.

Data may be lost or intercepted by unauthorized third parties during the transfer process. Ballantyne accepts no liability for the security of data transferred via the Internet or for direct or indirect data loss. For data protection and security reasons, users are advised to contact Ballantyne via other means of communication.

The Ballantyne websites may use cookies in order to obtain information about its use. Cookies are small files that are stored on your computer. Cookies store settings that you apply on the Ballantyne websites (e.g. the country of residence you select) so that certain information does not need to be re-entered when you visit the Ballantyne website again. You can block the use of cookies by applying the appropriate settings in your Internet browser and deleting any cookies already set by the Ballantyne website. By refraining from taking these steps, you consent to the use of cookies when accessing the Ballantyne websites. When accessing the Ballantyne websites, access data is stored (e.g. log files, IP address, date and time of access, name of the file retrieved, access status, page from which access is gained, top-level domain, web browser used, operating system used). Ballantyne may use this data for statistical purposes, for technical analyses, for the purposes of fine-tuning the server infrastructure, to determine how often the website is accessed and to draw conclusions that will enable improving its user-friendliness and functionality.

This website may use Webtrends Analytics, a web analytics service provided by Webtrends Inc., 851 SW 6th Ave. Suite 1600, Portland, OR 97204, U.S.A. (hereinafter referred to as "Webtrends") and Google Analytics,  a service by Google LLC (“Google”), 1600 Amphitheatre Parkway, Mountain View, CA 94043, USA, to analyze data. The cookies used by Webtrends and Google Analytics for analytical purposes do not contain any personal data. Your IP address is truncated on your computer before being transmitted to Webtrends Inc. and Google Analytics in this anonymized form. Webtrends and Google Analytics do not associate your IP address with any other information held by Webtrends or Google Analytics and only passes data on to third parties if required to do so by law.

You can opt-out of Webtrends’ and Google Analytics' future use of cookies at any time via the following opt-out links:

If you opt-out of Webtrends’ or Google Analytics' use of cookies, you may potentially not be able to make full use of all the functions on this website. By refraining from opting out, you consent to Webtrends and Google Analytics' processing your data in the manner and for the purposes described.

12. Risks

Positive past performance is not a guarantee of positive performance in the future. The risk of price and foreign currency losses and of fluctuations in return as a result of unfavorable exchange rate movements cannot be ruled out. There is a possibility that investors will not recover the full amount they initially invested. The commission and costs levied when units are issued or redeemed are charged to the investor on an individual basis and are therefore not taken into account in the performance illustrated. We must explicitly point out that certain investments are subject to a high level of volatility. These types of investments, for instance, derivatives, can be exposed to significant price fluctuations, the extent of which corresponds to or even exceeds the amount invested. Certain special investments may not be directly marketable. It can therefore be difficult for investors to sell such investments, take the profit on them, or receive reliable information on their value or risk exposure. When buying or selling investments entailing a contingent liability you may not only lose the amount you invested but also be required to pay an additional amount. Furthermore, prospective investors should inform themselves of the potential tax implications of purchasing, owning, and selling investment products in their place of domicile and, if necessary, seek advice locally.

13. Severability clause

The invalidity, illegality, or ineffectiveness of one or more provisions of these terms and conditions of use does not affect the binding nature of the terms and conditions as a whole.

14. Applicable law and place of jurisdiction

The user’s access to and use of the Ballantyne Web pages and this legal information are governed by Swiss law.