— FINSA 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 Triaxis Ltd. and its services.
A. Company information
Address
Triaxis Ltd.
Brandschenkestrasse 4
8001 Zürich
Phone: 043 311 27 27
E-Mail: info@triaxis.ch
Webpage: www.triaxis.ch
Triaxis Ltd. was established in 1983.
Supervisory authority and audit firm
With the new Financial Institutions Act (FinIA), all financial institutions will in future need a license from FINMA to carry out their professional activities as asset managers. Triaxis Ltd. has received this license on March 28th, 2022.
FINcontrol Suisse Ltd. operates as an independent Swiss Supervisory Organization according to FINMASA and is the supervisory partner of Triaxis Ltd. In addition, Triaxis Ltd. is audited and reviewed by the auditing company CAPREV Ltd., both in terms of supervisory law and in terms of obligations.
OSFINcontrol AG
General-Guisan-Strasse 6
6300 Zug
Telefon: +41 41 767 36 00
E-Mail: info@osfincontrol.ch
Webseite: www.osfincontrol.ch
CAPREV Wirtschaftsprüfung und -beratung AG
Industriestrasse 47
6300 Zug
Phone: +41 41 761 92 45
E-Mail: info@caprev.ch
Webpage: www.caprev.ch
Ombudsman
Triaxis Ltd. is affiliated with the independent ombudsman, which is recognized by the Federal Department of Finance. Disputes concerning legal claims between the customer and Triaxis Ltd. should, if possible, be settled by the ombudsman’s office within the framework of a mediation procedure.
Finanzombudsstelle Switzerland (FINOS)
Talstrasse 20
8001 Zürich
Phone: +41 44 552 08 00
E-Mail: info@finos.ch
Webpage: www.finos.ch
B. Information on the offered financial services
Triaxis Ltd. provides asset management services, portfolio-based and transaction-based investment advisory services as well as execution-only services to its clients.
In the case of a transaction-based investment advisory mandate, a personal recommendation relating to individual financial instruments is provided to the client. The decision to buy or sell always remains ultimately with the client.
Triaxis Ltd. does not guarantee any yield nor performance of investment activities. Investment activities may therefore result in both appreciation and depreciation in value.
C. Client segmentation
Financial service providers are required to classify their customers into legally defined client segments and to comply with the corresponding code of conduct.
The Financial Services Act provides for the segments «retail customers», «professional customers» and «institutional customers». For each customer, a classification is determined within the framework of cooperation with the financial institution. Subject to certain conditions, the customer may change the classification by opting in or opting out.
D. Information on risks and costs
General risks associated with financial instruments transactions
Investment advisory and asset management services involve financial risks. Triaxis Ltd. provides all clients with the brochure «Risks associated with Financial Instruments Transactions» prior to contract execution. This brochure can also be accessed at www.swissbanking.ch.
Clients of Triaxis Ltd. may contact their client advisor at any time if they have further questions.
Risks associated with the offered services
For a description of the various risks arising from the investment strategy for clients’ assets, please refer to the relevant investment advisory or asset management agreements.
If unusual concentrations of risk within the client portfolio cannot be ruled out, the nature and extent of such concentration risks shall be disclosed to the client.
- a concentration of 10% or more in individual securities;
- a concentration of 20% or more in individual issuers.
Concentrations arising from collective investment schemes subject to regulatory risk diversification rules, such as UCITS funds and Swiss securities funds, are excluded.
In the case of investment advice, the financial institution shall provide its retail clients with the basic information sheet of the recommended financial instrument.
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 advisory or asset management agreements.
If it is not possible to determine the actual amount of remuneration or third-party services prior to the provision of the financial service or the conclusion of the contract, the financial institution shall inform the client of the range of the respective remunerations, taking into account different asset classes and financial instruments.
In the case of asset management and portfolio-based investment advice, if the exact amount of third-party remuneration cannot be determined in advance, the client shall be informed of the range of the expected remuneration in relation to the portfolio value and the agreed investment strategy.
E. Information about relationships with third parties
In connection with the financial services offered by Triaxis Ltd., economic ties may exist with third parties. The acceptance of payments from third parties as well as their treatment are regulated in detail in the respective investment advisory and asset management agreements.
F. Information on the market offer considered
Triaxis Ltd. generally follows an «open universe approach» and seeks to make the best possible choice for the client when selecting financial instruments.
The financial institution’s own collective investments may – where appropriate – be used in asset management mandates or recommended as part of investment advice.
If both own and third-party financial instruments are considered, the financial institution shall take appropriate organisational measures, such as implementing a selection procedure based on objective and industry-standard criteria. If the possibility of customers being disadvantaged cannot be excluded, this shall be disclosed to the customers.