Pure Value Metrics AG is regulated by the Swiss Financial Market Supervisor FINMA
FIDLEG Client information
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 Pure Value Metrics AG (hereinafter referred to as the «financial institution») and its services.
A. Company information
Pure Value Metrics AG
Staldenbachstrasse 11, 8808 Pfäffikon SZ, Switzerland
+41445428002
info@purevaluemetrics.com | www.purevaluemetrics.com
The financial institution was established in 2014.
Supervisory authority and audit firm
The financial institution has been licensed as a portfolio manager in accordance with the Swiss Financial Market Supervision Act (FinIA) since August 2022 and is therefore subject to prudential supervision by the Swiss Financial Market Supervisory Authority FINMA.
The financial institution is subject to ongoing supervision by the supervisory organization AOOS - Schweizerische Aktiengesellschaft für Aufsicht, both in terms of regulatory law and obligations.The financial institution is audited and reviewed by the auditing company Wirtschaftsprüfung und -beratung AG (CAPREV) both in terms of supervisory law and in terms of obligations.
The address of the supervisory organization (AOOS) and Auditor CAPREV can be found below:
AOOS - Schweizerische Aktiengesellschaft für Aufsicht
Clausiusstrasse 50, 8006 Zürich
+41442159898
CAPREV Wirtschaftsprüfung und -beratung AG
Industriestrasse 47 6300 Zug - Schweiz
+41417619245
info@caprev.ch | www.caprev.ch
Ombudsman
The financial institution is affiliated with the independent ombudsman Ombud Finanzen Schweiz (OFS), which is recognized by the Federal Department of Finance. Disputes concerning legal claims between the customer and the financial services provider should be settled by an ombudsman's office, if possible, within the framework of a mediation procedure. The address and contact details of the OFS is stated below.
Ombud Finanzen Schweiz (OFS)
Boulevard des Tranchèes 16,
CH-1206 Genf
Schweiz
Phone +41 22 808 0451
www.ombudfinance.ch | contact@ombudfinance.ch
B. Information on the offered financial services
The financial institution provides Portfolio Management and Multi-Family Office services to its clients.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. Furthermore, we are not liable for any services provided by third parties, nor do we offer tax or legal services.
C. Client segmentation
Financial service providers are required to classify their customers into a client segmentation according to the law and adhere to the respective code-of-conduct. The Financial Services Act provides for «retail customers», «professional customers» and «institutional customers» segments. For each customer, a customer classification is determined within the framework of the cooperation with the financial institution. Subject to certain conditions, the customer may change the customer 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.
Clients of the financial institution may contact their client advisor at any time if they have any further questions.
For further information please visit:
Note (June 2023) Section 1.6 supplements the November 2019 edition
1.6 Sustainability-related financial risks (ESG-risks) ESG stands for environmental (e.g. energy and water consumption), social (e.g. employer appeal and supply chain management) and governance (e.g. remuneration policy and company management). ESG-risks are events or situations in these three areas that are currently having a negative impact on economic, cost or reputation factors, for example, and thus also on the value of a company or the market price of financial instruments or could potentially do so in future. Environmental risks are commonly divided into two categories: physical risks and transition risks. Physical risks include, for example, damage and costs arising from extreme weather events caused by climate change, such as storms, flooding and heatwaves, which threaten or harm a company’s economic activities or assets. Transition risks include regulatory risks, changes in consumer behaviour and liability or legal risks. One example of a transition risk would be the introduction of a tax on carbon dioxide emissions, which could negatively affect a company’s profitability and thus its enterprise value. Social risks can arise, for example, from violations of employment standards, a lack of attention to occupational health and safety, poor product safety, failure to address social issues, unfair treatment of staff or high staff turnover. Governance risks, meanwhile, can arise from unequal treatment of shareholders, inadequate risk management or control mechanisms, inappropriate remuneration systems or rule violations (e.g. corruption), among other things. ESG-risks can affect specific asset classes, regions, economic sectors and/or companies in different ways. For instance, climate change, environmental destruction and the need to adopt more sustainable business practices can lead to changes in the real economy that might create new risk factors for investors. Investors, therefore, should always incorporate ESG-risks into their risk diversification decisions. ESG-risks and characteristics can be integrated into asset management and investment advisory processes using a range of different ESG-approaches, all of which are evolving rapidly. It is important for investors to understand that these approaches have different aims and that not all of them are geared to a measurable positive impact on ESG-factors such as reducing pollution.
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 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 comprehensively detailed in the respective asset management contracts.
F. Information on the market offer considered
The financial institution basically follows an «open universe approach» and tries to make the best possible choice for the client when selecting financial instruments. The financial institution's own collective investments can – where appropriate – be used in the asset management mandates or recommended as part of investment advice.