Legal and regulatory

Legal Notice

You are connected to the website www.converginvest.com (the “Website”) which is governed by the conditions set out below.

Access and uses of the Website

The aim of the website is to present Converginvest Capital Partners (‘CCP’). It is intended solely to provide information about the business of CCP, its affiliates, its team members and its transactions. Persons subject to jurisdictions that for reasons of citizenship, residence or any other considerations, prohibit or restrict the publication or availability of the Website or the information it contains, are authorised to access the Website only insofar as this is allowed under the law applicable to them.

Information

CCP has taken all reasonable care to ensure correctness and accuracy of the information published on the Website, at the time of online publication. However, CCP cannot make any representation or warranty of any nature, expressly or implicitly, about the completeness, accuracy, reliability, suitability or availability of the information, services and products described on the Website. You should rely at your own risk on the information contained on the Website. In particular, CCP cannot be made liable for any direct or indirect damage resulting from the information provided on the Website.

This Website is for information purposes only. Nothing contained therein constitutes or shall be deemed to constitute financial, legal, tax or other advice of any kind and no information on the Website shall constitute or deem to constitute an advice, a solicitation or an offer to purchase or invest in, any financial services or products which are referred to on the Website.

If, in spite of the above, you were to take or consider taking an investment decision based on the information contained on the Website, external websites mentioning or linked to CCP website or external websites mentioned or linked from CCP website, then you expressly acknowledge and/or agree:

that you must be, as the case may be, an investor who is legally or otherwise duly authorized to seek information about the funds, investment schemes or financial instruments which may be referred to or described on the Website;

that no investment decision shall be made solely on the basis of the information provided on the Website;

that investment in any of the funds, investment schemes or financial instruments referred to on the Website can only be made after careful review, as the case may be with the assistance of a financial advisor and the relevant documentation as to the corresponding funds, investment schemes or financial instruments;

that careful attention should in particular be given to, as the case may be, the articles of incorporation, prospectus, latest available reports, as applicable, and of the specific risks exposed in such documents; and

that all investments involve risks and that it is your responsibility to collect relevant information about the risks inherent to any investment;

that the value of investments and the income from them may go down as well as up and that you may not get back the amount originally invested;

that past performance is not indicative of future performance, hence that any past performance figures shown are not indicative of future performance and they shall not suit all investors;

that the risk warnings only describe some of the risks that are inherent to the purchase of any of the funds, investment schemes or financial instruments described on the Website.

Sustainability risk policy statement

Background and scope

The Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (the “SFDR”), is part of a broader legislative package under the European Commission’s Action Plan on Sustainable Finance. In a nutshell, the SFDR requires firms to make strategic business and policy decisions regarding their approach to ESG which must be disclosed on the firm’s website and in pre-contractual and periodic disclosures. ESG stands for “Environmental, Social and Governance” and covers several areas, including climate, energy use, availability of raw materials, health, security, human rights, labour laws, and corporate governance.

The SFDR applies to “Financial market participants (FMP)” which includes (registered) AIFMs, UCITS management companies, MiFID investment firms, and at product level (or “Financial products (FP)” both as defined in the SFDR.

Article 3 of the SFDR, requires an FMP to “publish on their website information about their policies on the integration of sustainability risks in their investment decision‐making process.” Converginvest Capital Partners S.A. (or “CCP”) has adopted this statement to describe the approach taken to demonstrate compliance with Article 3 of the SFDR.

Integration of sustainability risks

CCP acknowledges the impacts that sustainability risks can impose on its funds under management and considers the approach to integrate the risks stemming from sustainability issues described in this policy as strengthening its fiduciary duties towards the investors of its funds under management.
Detailed entity specific information on CCP’s approach to integrate sustainability risks into the investment decision making process can be found in the dedicated policy which has been set-up in compliance with the requirements, which is available here.
 

Principal adverse impact (PAI) statement

For the time being, CCP does not consider adverse impacts of investment decisions on sustainability factors. In accordance with Art. 4 I b of the SFDR, the main reason for not considering adverse impacts of investment decisions on sustainability factors at the company level is the lack of further information and data available to adequately assess the principal adverse impacts.

Remuneration policy

The SFDR further requires FMPs to integrate information on the consistency of their remuneration policy with the integration of sustainability risks, in accordance with Art. 5 I of the SFDR. Remuneration of CCP’s staff is based on a variety of factors, including ESG (where appropriate), but has not been formalised in a policy as of today. This might change in the future if CCP’s team should further grow.

Pre-contractual information

All required information at product level will be available in the specific pre-contractual information of our funds under management.