//Terms of Use

Thank you for using www.qumundo.com (the „website“). Qumundo e.K., Kleine Brückenstraße 14, 60594 Frankfurt am Main, Germany (thereafter „Qumundo“) is the owner and operator of this website. With use of this website the user accepts the disclaimer of liability and the terms of use of this website, unless otherwise specified by law or explicitly agreed in writing. The disclaimer and the terms of use of this website are subject to German law and are to be interpreted according to this. They constitute the sole legal basis for the use of this website and, where appropriate, replace all previous contracts, agreements and declarations relating thereto. Users agree to the exclusive jurisdiction of German courts at Qumundo. The disclaimer and the terms of use can be changed and updated at any time. Qumundo points out and recommends that this document should be regularly recalled and read in order to familiarize yourself with possible changes. The update date is listed below.

 

Service and disclaimer

Qumundo makes a variety of different information, data, key figures, graphical representations, documents and solutions ("service") available on this website. Some of the service is provided and made available by third parties, to which Qumundo has no influence.

It is expressly emphasized that this website and the service is for information purposes only and does not constitute investment advice. The service may not be construed as an invitation or recommendation to purchase, sell or hold a financial product or a recommendation on a specific investment strategy. Qumundo shall also not be liable for the results of any consultation (including third party advice) carried out with the help of the service provided and the resulting recommendation. Furthermore, Qumundo can not give any explicit or implied warranty (including third party liability) regarding the correctness, reliability or completeness of the service.

Qumundo makes every effort to ensure that the service is correct, complete and up-to-date, but does not guarantee or warrant that the service is correct, complete and up-to-date. However, the service provided on this website may be modified and updated at any time without prior notice by Qumundo. Qumundo assumes no liability and is also not responsible for the fact that all information, data, key figures and documents available on the market are included and displayed. Due to missing information, data, key figures and documents, comparisons and illustrations of the service and the products displayed may be incorrect.

The provided service is free of charge and a pure convenience, unless otherwise agreed upon. This does not result in a contractual relationship between the user and Qumundo. There is therefore no legal claim for the granting of the use of the service. Consequently, there are no contractual or contractual a like claims against Qumundo.

 

Use of website and service

The user is authorized to use this website, the service and the functions provided as intended. The service may only be viewed and used by accessing the website using a standard browser. The user is not obligated to pass on the service to third parties or to make it available to third parties for their own commercial purposes either free of charge or in return for payment. It is expressly pointed out that the user may only use the service for his own use and should not spread it further. In addition, it is not permitted to copy the web page, parts of the website or the service (whether by storing it on a data medium, printing it on paper or otherwise) except Qumundo is providing the appropriate functionalities to do so. In addition, the user is not permitted to remove, to modify, to make it incomprehensible or to use the service any other than defined in the terms of use. The website and the service also may not be used for illegal purposes.

The service does not replace expert and professional investment advice. The service also does not take into account the different and individual asset and investment situations as well as the needs of the user of this website or its customers. The service serves exclusively as a description of the respective products and their legal entities. The exclusive use of the service as the basis for the selection, the decision and the purchase or sale of a legal entity or financial product is expressly discouraged. For the selection, decision-making and purchase or sale of legal entities or financial products, the user or its customer should be individually advised by qualified financial service providers or credit institutions on the basis of his personal circumstances and needs. In particular, when acquiring investment funds, shares and other financial products, the general terms and conditions, sales prospects and annual annual reports of the legal entity or the financial product should always be included in the purchase or sale decision.

In addition, Qumundo expressly points out that the purchase or sale of the legal entities is associated with risk which can lead to the total loss of the capital invested and beyond. The user should take into account that the value of a legal entity can rise and fall, as well as contain interest rate and exchange rate risk. In addition, individual and country-specific costs such as taxes or commissions may be incurred during the purchase or sale. Qumundo does not warrant that the value shown reflects the fair market value at the date of the purchase or sale of the legal entity or the financial product.

Similarly, Qumundo points out that the service should not be the only source taking into consideration when giving investment advice. The primary function of this service within this context is to provide support and orientation. Investment advice to third parties must always include further sources of information. It is the duty of the financial services provider to comply with and provide the statutory information, documentation and consulting obligations to the end customer when giving investment advice.

 

No investment advice

The service provided does not constitute decision-making aids for economic, legal, tax or other advisory services and financial decisions, nor should it be the sole source for it. For the selection, decision-making and purchase or sell of legal entities and financial products, the user or its customer should be individually advised by qualified financial service providers or credit institutions on the basis of his or her personal circumstances and needs. In particular, when acquiring investment funds, shares and other financial products, the general terms and conditions, sales prospects and annual reports of the legal entity and financial product should always be included in the purchase or sale decision.

As highlighted, the service does not constitute or may be a substitute for investment advise or other financial decisions and matters. Likewise, the service does not constitute a contract offer of the legal entity and financial product communicated on this website. The service is non-binding and serves only for orientation. Qumundo assumes no liability or guarantee for the correctness, completeness and actuality of the service. Likewise, Qumundo does not provide any legal commitment to an information or consulting agreement, since Qumundo does not have the knowledge to apply the service provided to specific and individual requirements. It is clear that the service is not a recommendation, an offer and a solicitation to buy or sell investment products or to enter into transactions, nor to conclude any legal transaction. Consultation by a qualified specialist is recommended in any case, since the service can be completely unsuitable or incorrect for users and their investment decision.

 

No contractual relationship with Qumundo

The use of this website and the service provided does not constitute a contractual relationship with the user or its customers and Qumundo, unless explicitly and individually agreed upon. This applies in particular and not least also for investment, advisory and consulting contracts.

A possible investment, advisory and consulting agreement is expressly concluded only with a financial services company. The financial services company itself decides whether a contractual relationship with the respective interested party, either the user or the end customer of the user comes about. Qumundo is excluded from the decision of the financial services company and does not guarantee the conclusion of a contract. The service provided by Qumundo is expressly non-binding and does also not constitute an offer from the financial services companies. In case of a conclusion of a contract between the user or the end customer of the user and a financial services company, only the terms and conditions of the respective parties apply.

 

Disclaimer for content

According to § 7 Abs.1 TMG, as a service provider, we are responsible for our own content provided on this website. According to §§ 8 to 10 TMG, however, we are not obliged to monitor transmitted or stored third-party information or to investigate circumstances which indicate illegal activities. Obligations to remove or block the use of information according to general laws remain unaffected. Liability in this regard, however, is only possible from the time of receiving knowledge of a specific infringement. If we become aware of any such infringements, we will immediately remove such content.

The market value of shares, investment funds or other financial instruments may rise or fall at any time. The historical development of equities, investment funds or other financial instruments does not guarantee their future performance. In addition, equities, investment funds or other financial instruments may include foreign currency risk or other uncertainties that may have a positive or negative effect on the development of the value of the respecitve legal entity or investment product. Qumundo assumes no liability or guarantee for this. Similarly, no liability claims can be made to Qumundo. The service provided may also contain forward-looking statements. Qumundo can not, under any circumstances, guarantee or assure that any forward-looking statements or the occurrence of such forward-looking statements will arise. Qumundo or the third-party provider is also not obligated to update or change any forward-looking statements, either on the basis of new information, future events or other reasons. Forward-looking statements can always involve risks that could negatively impact the actual performance.

The service provided by Qumundo represents a rough market overview. Qumundo makes no claim and does not guarantee the completeness, correctness and complete coverage of this market overview. The service provided is purely informative in nature and should not be understood as a sales basis for the respective legal entities and financial products. The user or end user should request and obtain relevant documents and information directly from the legal entity before purchasing or selling a financial instrument. In addition, the service provided by Qumundo does not constitute an invitation or recommendation to purchase, sell or hold a certain legal entity or a financial prodcut. Users must also take into account that individual costs such as tax and commissions may have a different impact on the value of the legal entity and the financial product.

For reasons of clarity, Qumundo is expressly not responsible for - direct or indirect - losses or damages of any kind which may arise due to the use of the service provided.

 

Links and external content

The website contains external links to third party websites, services and content to which Qumundo has no influence of. The content of those third party websites and services is not subject to the offer of Qumundo. The websites and services of third parties are exclusively subject to the liability of the respective operators. Qumundo assumes no liability whatsoever for the content and the offer as well as for the correctness, completeness and legality of these websites, their contents and services. No legal claim can be made to Qumundo in this respect and Qumundo does not assume any liability for its content. The linked websites were checked for possible legal violations at the time of linking. Illegal content was not recognizable at the time of linking. A permanent control of the content of the linked websites is however, without concrete evidence of an infringement, unreasonable. We will remove such links immediately if we become aware of any legal infringements. In addition, it is not permitted to link this website, sub pages of this website, directories or files of this website without the prior written consent of Qumundo.

 

Copyright

The content and work created on this website are subject to German copyright law. The copying, processing, distribution and any kind of exploitation outside the limits of copyright law require the written consent of the respective author or creator. Downloads and copies of this website are only permitted for private, non-commercial use. If the content on this site is not created by Qumundo, the copyrights of third parties are respected. In particular contents of third parties are marked as such. Should you nevertheless be aware of a copyright infringement, we ask for a corresponding note. If we become aware of legal violations, we will immediately remove such content.

 

Use restrictions

The service provided by Qumundo are not intended for users or their end users who are prohibited from accessing and using this website due to their national legal restrictions. This may be due to the nationality of the user or their end customers, their tax domicile or for other reasons. These users are expressly prohibited from accessing this website.

 

Registration and user profile

When registering and creating a user profile, the user must specify his or her personal investor type (whether professional or private) and his or her domicile. The information and documents are then made available according to the provided user information. An incorrectly selected investor type or country of residency can lead to the provision of false and unforeseen content and documents. Qumundo can not be held liable for incurring damages. The user is obligated to choose the type of investor and country of residency correctly. In addition, Qumundo reserves the right to block and delete user profiles irrevocably and without notice, due to incorrect information. The definition of a professional investor type is based on the Directives on Markets in Financial Instruments (MiFID) of the European Union.

 

Viruses, malware, spyware

Qumundo expressly points out to the danger of viruses, malware, spyware or other malicious software, as well as the possibility of targeted attacks on computers and computer systems. Qumundo assumes no liability whatsoever for any damage arising or manipulation that may result from the use of this website. The user is encouraged to always use current software programs, in particular current browser versions when using this website, in order to minimize the risk of a targeted attack. In addition, e-mails of unknown origin should always be handled with caution, and e-mails with unknown attachments should never be opened.

 

Availability and modification of formats / content

Due to maintenance and repair work, Qumundo reserves the right to deactivate the website and parts of the website at any time. This also applies to the updating of information, data, key figures, graphical representations, documents and solutions ("service"). Qumundo accepts no liability and does not guarantee the availability and functionality of the website and the service. In addition, Qumundo reserves the right to change and delete the format and content of the website and the service without prior notice.

 

Data protection

The operators of these sites take the protection of your personal data very seriously. We treat your personal data confidentially and in accordance with the legal data protection regulations as well as this data protection statement.

The use of our website is normally possible without giving personal data. If personal data (for example name, address or e-mail addresses) are collected on our pages, this is always done on a voluntary basis as far as possible. These data will not be passed on to third parties without your express consent.

We would like to point out that data transmission on the Internet (for example, when communicating via e-mail) can have security gaps. A complete protection of the data before access by third parties is not possible.

 

Legal Entity Identifier (LEI) & LEI data

The Legal Entity Identifier (LEI) and LEI data made available on this website are sourced from GLEIF, the Global Legal Entity Identifier Foundation. All LEI and related LEI data are available to all users of this website, freely and unchanged. The LEI and its reference data are third party data and Qumundo explicitly indicates that Qumundo can not be held responsible for the correctness, completeness and timeliness of the data. Qumundo also assumes no liability and does not guarantee the correctness, completeness and actuality of the data. Furthermore, Qumundo is not obliged to update the LEI data provided or keep them up-to-date. It is also expressly pointed out that individual legal units can own several LEIs. Users and the end users of this website and the LEI data can not make any claim for reimbursement or any legal or financial claims to Qumundo. Users and end users use the data and the website at your own risk.

 

Severability clause

The determination of individual disclaimers and conditions of use shall remain in force even if other clauses should be amended or adapted.

 

 

Frankfurt am Main (Germany), the 26th of February 2020.