Terms of Service

1. Acceptance of Terms

By accessing or using fondshandel-direkt.org (the "Website"), you agree to these Terms of Service. If you do not agree, please do not use the Website.

2. Informational Purpose Only

All content on the Website, including text describing the closed-end fund secondary market, valuation concepts and process overviews, is provided for general information purposes only. It does not constitute investment advice, tax advice, legal advice, or a recommendation, offer or solicitation to buy, sell or otherwise transact in any financial instrument.

3. No Paid Services

The Website does not sell products, does not process payments and does not facilitate the execution of trades. Any commercial engagement with Fondshandel Direkt GmbH is arranged and documented separately and is not governed by these Terms.

4. No Guarantee of Outcome

Closed-end fund interests are typically illiquid, and any valuation context or indicative information we provide reflects publicly available data at a point in time. We make no guarantee regarding the accuracy, completeness or timeliness of any information, or regarding the availability of a counterparty for any transfer.

5. Independent Decisions

You remain solely responsible for any decision you make regarding a fund interest you hold. We recommend consulting an independent, licensed financial, tax or legal advisor before making any decision.

6. Intellectual Property

The Website's design, text, graphics and other content are owned by or licensed to Fondshandel Direkt GmbH and are protected by applicable intellectual property laws. You may view and print pages for personal, non-commercial use, but may not reproduce or redistribute content without prior written consent.

7. Third-Party Content and Links

The Website may reference or link to third-party sources, including images and fund-related public information. We are not responsible for the content, accuracy or availability of third-party material.

8. Limitation of Liability

To the extent permitted by applicable law, Fondshandel Direkt GmbH shall not be liable for any indirect, incidental or consequential loss arising from your use of, or reliance on, the Website's content. Nothing in these Terms limits liability that cannot be excluded under German law.

9. Changes to These Terms

We may revise these Terms from time to time. Continued use of the Website after changes are posted constitutes acceptance of the revised Terms.

10. Governing Law

These Terms are governed by the laws of the Federal Republic of Germany. The courts of Hamburg shall have jurisdiction, to the extent permitted by law.

11. Contact

Questions about these Terms may be sent to support@fondshandel-direkt.org or to Fondshandel Direkt GmbH, Lilienstraße 19, 20095 Hamburg, Deutschland.