Since November 2007 provisions for asset management companies have been in force in Liechtenstein whose purpose is to implement the EU Markets in Financial Instruments Directive (MiFID). Under these provisions we are obliged to make various information publicly available, even if we have already provided that information to our clients when they concluded an agreement with us. This client information is available as a (Download PDF 154 KB).
-
Client communication
You can reach CREA Asset Management Trust reg. (hereinafter also: "CREA AM") as follows:
CREA Asset Management Trust reg.
Fürst-Franz-Josef-Strasse 73
PO Box 237
LI-9490 Vaduz
Liechtenstein
Tel. +423 239 60 00
Fax +423 239 60 01
e-mail
Unless client communications are regulated by contract, you may communicate with us at any time in German or English.
CREA AM will normally communicate with clients by letter or, where necessary, by fax. If you contact us via an electronic channel (e.g. e-mail), CREA AM reserves the right to reply in the same manner. We would draw your attention to the fact that using e-mail presents certain risks regarding confidentiality. As required by the regulatory rules, all telephone calls with CREA AM are recorded and archived.
-
Supervisory authority
The supervisory authority responsible for CREA AM is the
Liechtenstein Financial Market Authority (FMA)
Landstrasse 109
Postfach 279
LI-9490 Vaduz
Liechtenstein
Tel. +423 236 73 73
Fax + +423 236 73 74
e-mail
-
Investor compensation scheme
CREA AM is a participating member of the investor compensation scheme operated by the Liechtenstein Einlagensicherungs- und Anlegerentschädigungs-Stiftung SV (Deposit Guarantee and Investor Compensation Foundation PCC, reg. no. FL-0002.039.614-1), which complies with EU law. Further information is available on the foundation's website (www.eas-liechtenstein.li).
Investor Compensation Foundation PCC
Austrasse 46
Postfach 254
LI-9490 Vaduz
Liechtenstein
Tel. +423 230 15 16
e-mail
CREA AM itself does not hold financial instruments in safekeeping for clients and never acts as debtor to the client.
-
Information on the Liechtenstein financial centre
The Liechtenstein financial centre offer its clients a wide range of financial services. To find out more, visit the Liechtenstein Finance website at (www.finance.li).
-
Information on financial instruments
All the information the client needs on the types of financial instruments and the risks associated with them can be found in the "Risks in Securities Trading" brochure of the Liechtenstein Bankers' Association (LBA), which is available for download from the LBA website (www.bankenverband.li).
-
Handling conflicts of interest
Detailed information on handling conflicts of interest can be found under the heading "Conflicts of interest" on the CREA AM homepage at (www.crea-group.com).
-
Participation policy
CREA AM is covered by the term "asset manager" pursuant to Art. 367a item 3 of the
Liechtenstein Persons and Companies Act (PGR) and is therefore obliged to define its participation policy within the meaning of Art. 367h PGR. Details in connection with the exercise of voting and participation rights and the guiding principles underpinning the CREA AM participation policy can be found under the heading "Participation policy" on the CREA AM homepage at (www.crea-group.com)
-
Sustainability
Detailed information on this topic can be found under the heading. "Sustainabiliy" on the CREA AM homepage at (www.crea-group.com).
-
Bespoke agreement
With individual clients CREA AM will conclude separate bespoke written agreements on the client's classification for MiFID purposes, periodic reporting, the client's investment objective and portfolio structure, any applicable benchmarks, the valuation of financial instruments, financial inducements, data protection and the costs for services rendered. Details of the guiding principles underpinning the CREA AM investment policy can be found under the heading "Investment policy" on the CREA AM homepage at (www.crea-group.com).
-
Information for clients from Switzerland (pursuant to Art. 6a CISO
As a Swiss client of CREA Asset Management Trust reg. based in Vaduz, Liechtenstein, for the purposes of this business relationship you will be deemed by your custodian bank to be a "qualified (accredited) investor" pursuant to Art. 10 para. 3 of the Swiss Collective Investment Schemes Act (CISA). This gives you access to collective investment schemes which have not been authorised by the Swiss Financial Market Supervisory Authority (FINMA) and to certain structured products which are not issued by a bank or insurance provider or do not enjoy equivalent protection. As such, in addition to the usual financial products available to private clients, you will have access to a wider range of investments.
Such products may not necessarily exhibit the same degree of transparency as the collective investment schemes and structured products offered to non-qualified (non-accredited) investors and private clients. Furthermore, the applicable investment policy may not be subject to all the restrictions of the Collective Investment Schemes Act (CISA) and the Collective Investment Schemes Ordinance (CISO). Consequently, the relevant regulations with regard to liquidity, the redemption of fund units or the avoidance of conflicts of interest may be more flexible, offering less protection for investors. Foreign collective investment schemes which are not authorised for distribution to private clients in Switzerland are often not subject to equivalent prudential supervision by a financial regulator, but a more "light touch" regime or no regulatory oversight whatsoever, meaning that they offer investors only limited protection if any. Structured products offered exclusively to professional clients do not have to meet the same collateral requirements as products for private clients.
CREA Asset Management clients from Switzerland who do not agree to being designated as "qualified (accredited) investors" are kindly asked to inform us of this in writing.
Source: LGT Bank AG, Vaduz, communication of August 2021
-
Execution orders
Orders are generally executed through the client's custodian bank. Detailed information can be found under the heading "Execution of orders" on the CREA AM website (www.crea-group.com).
-
Confidentiality of client data
CREA AM (including its governing bodies, employees and authorised agents) has a temporally unlimited duty to refrain from disclosing information gained in the course of a business relationship. Under regulatory provisions and statutory notification duties CREA AM may be compelled to disclose client data or other confidential information in electronic or physical format to authorised third parties at home or abroad.
-
Client complaints
Your satisfaction is very important to us. We will therefore treat all your suggestions, criticisms and complaints with the utmost seriousness. Detailed information can be found under the heading "Client complaints" on the CREA AM website (www.crea-group.com).