Legal notes and conditions of use
Please read carefully the following legal notes and conditions of use which provide important information on the access to and use of this area. By gaining access to this area and using it, you acknowledge that you have taken note of these legal notes and conditions of use of the Aricolin Investments S.A. are therefore in agreement with them.
Limited Liability of contents on this website
Aricolin Investments S.A. checks and updates the information and content on its website on a regular basis. However, it assumes no liability (and no third-party liability) for the correctness, reliability or completeness of the information provided. The information provided on this website as well as the legal notices may be changed at any time without prior notification. Aricolin Investments S.A. therefore recommends accessing and reading this document regularly in order to be familiar with possible changes. As a result, information once published on this website should not be understood to mean that matters have remained the same since publication or since the regulatory authority was notified or that the information is still up-to-date following its publication. The validity of the information and recommendations is limited to the point in time of their being issued and may change based on market developments and their targets. The information and opinions contained in these documents come from reliable sources. However, Aricolin Investments S.A. cannot give a guarantee of their accuracy.
Copyright-protected information and use of this website
The content and structure of this website are protected by copyright. The reproduction of information or data – in particular, the use of texts, portions of texts or images – requires the prior consent of Aricolin Investments S.A.
In particular, you may not:
(a) systematically copy parts of this website (whether by printing them on paper, saving them to a file or otherwise);
(b) remove, change or otherwise make incomprehensible the content of this website or use the material contained on this website in a manner other than intended in these legal notices and terms of use;
(c) use this website or the information contained on it for unlawful purposes.
Processing of personal data - privacy policy
Information about processing of personal data you will find in your privacy policy.
Links to other website
The links to other websites on this website serve solely to indicate information that may be helpful for the user. However, Aricolin Investments S.A. emphasises expressly that it has no control or influence whatsoever over the design or content of the linked websites. The company assumes no express or implied guarantee or liability for the content of such websites, including their accuracy, completeness, reliability or suitability for certain purposes. It assumes no liability for the authenticity of the documents on the internet. Links to other websites should therefore not be understood as either a recommendation or assumption of liability with regard to the information, opinions, ideas, products or services presented on such websites or as a guarantee pertaining to the content of such websites.
No linking to this website
You may not link back to this website without the prior written permission of Aricolin Investments S.A.
No recommendation or offer of services
The content of this website is intended for informative purposes only and does not constitute a business relationship. In particular, the information provided does not constitute legal or investment advice. Solely the individual prospectuses, which are available in electronic form, are legally authoritative. You should not make a decision about a purchase until you have seen the complete documents and risk statements, and have sought legal, tax and investment advice. The information provided on this website is not tailored or oriented to your personal situation. As a result, the information provided may be completely inappropriate or incorrect for your personal investment decisions. All data is intended solely for your information and does not constitute an offer or solicitation of an offer for the purchase or sale of certain products.
Forward-looking statements
Please bear in mind that any forward-looking statements are merely forecasts and are subject to unexpected risks and uncertainties. They can therefore in no way be guaranteed. The value of investment products can rise or fall at any time. The future performance of investment products cannot be deduced by the indicated, historical development. As a result, good performance in the past is not a reliable indicator of positive value development in the future. Aricolin Investments S.A. can therefore neither ensure nor guarantee the maintenance or increase of the value of the invested capital.
Limitation of liability and validity
Aricolin Investments S.A. cannot be made liable in the event of imprecise, incomplete or obsolete data, or in the event of the falsification of data. Furthermore, the information on this website relating to securities and financial services has only been checked with respect to compatibility with Spanish law. In some foreign legal systems, the dissemination of such information may be subject to legal restrictions. Not all products are available in all countries. The following information is therefore not directed at natural persons or legal entities whose place of residence or business is subject to a foreign legal system in which the dissemination or use of such information would violate valid laws or regulations and subject Aricolin Investments S.A. to additional registration requirements.
When using this website you may be asked for your country of origin. By choosing a country, you confirm that you are a resident of the corresponding country. The site you access and its content are intended solely for investors in this country.
Trademarks and copyrights
No part of this website is designed in such a way as to grant a license or right to the use of an image, a registered trademark, a logo or software. No rights are transferred by downloading or copying this website or portions thereof. Aricolin Investments S.A. reserves all rights (in particular, copyrights and trademarks) with regard to all elements of this website and will make use of all available channels for enforcing these rights.
Computer viruses (viruses, malware, spyware)
Aricolin Investments S.A. denies all liability for manipulations to the internet user’s EDP/IT system by unauthorised parties. Aricolin Investments S.A. expressly points out the danger of viruses, so-called malware and spyware, and the possibility of targeted hacking attacks. The use of current browser versions as well as the installation of continuously updated anti-virus software is recommended for combating viruses. E-mails of unknown origin as well as e-mails with unexpected attachments should not be opened on principle.
Notes for investors relevant to the United States of America and US Persons
The information on this website is not intended for recipients in the United States of America. US persons (as defined in “Regulation S” of the US Securities Act of 1933) and persons who are residents of the United States of America may not use this website. Information on this website may not be forwarded to the United States of America. Securities, including investment fund shares for which information is provided on this website, are not and will not be registered in accordance with the US Securities Act of 1933. Furthermore, trading in these securities is not permitted pursuant to the US Commodities Exchange Act of 1936. The securities, including the investment fund shares, may not be offered or marketed in the United States of America, or offered or marketed to US citizens or persons resident in the United States of America.
The administrators of the investment fund may restrict or forbid the possession of shares by persons who are subject to taxes in the United States of America (all states and the District of Columbia). Natural persons subject to taxes in the United States of America are, for instance, those who were born there or have their place of residence there, naturalised citizens or persons who are married to a citizen of the United States of America. The term “US person” also includes legal entities that have been established according to the laws of one of the 50 US states or the District of Columbia.
Exclusivity of these legal notices and terms of use
These legal notices and terms of use form the sole legal basis for the use of this website and replace, where applicable, all previous contracts, agreements and statements to this extent concerning the use of this website.
Place of jurisdiction, applicable law and serverablility clause
These legal notices and terms of use are subject to Spanish law and must be applied according to said law. They approve of the sole responsibility of the Spanish courts at the place of business of Aricolin Investments S.A..
Should any one condition of these legal notices and terms of use become invalid, the validity of the other conditions will remain unaffected.
Handling of your personal data
I. Introduction
We aware of the trust you are placing in us. Therefore we would like to provide comprehensive information to you on how we handle your personal data. In particular, we would like to inform you on the type of data we collect when you visit and/or use our website and on how we use this data. If we have received personal data from you through other communication channels (e.g. by e-mail), the following Privacy Notice applies as well.
Given that our website and the technologies on which it is based, as well as our business processes are subject to continuous development, the Privacy Notice may need to be changed too. All future changes will be published on this website.
II. Use of the website and data protection
1. Name and contact data of the controller of the website
We, Aricolin Investments S.A., represented by the managing directors Judith Londa, Karsten Nebe, Torre Europe, Paseo de la Castellana 95, 28046 Madrid, Spain (E-Mail aricolin-investments@pareto.holdings) as the provider of this website, are the controller within the meaning of Art. 4(7) GDPR, but also the service provider within the meaning of Sections 12 et seqq. in conjunction with Section 2(1) TMG.
2. Contact data of the data protection officer
Please address all requests to aricolin-investments@pareto.holdings
3. Restriction of the scope of this Privacy Notice for visits to our website
Our Privacy Notice only applies to our content which is stored on our servers. It expressly does not cover any links to websites of third parties in our offerings.
4. Collection of personal data in the context of informational use of our website
a. Description and scope of data processing
If you only use our website for informational purposes, we do not collect any personal data aside from the data transmitted by your browser to enable you to visit the website.
That data is:
1. Date and time of your request
2. Duration of your visit
3. Time zone difference compared to Greenwich Mean Time (GMT)
4. Content of the request (specific page)
5. Access status / HTTP status code
6. Website & provider from/by which the request is made
7. Browser
8. Operating system
9. Language and version of the browser software
10. IP address.
In addition to the aforementioned data, cookies are stored on your computer when you use our website. For more details on cookies, see II. Clause 9 of this Privacy Notice.
b. Purpose and legal basis of data processing
We store data related to the end device in order to create use statistics, for example, or to identify and trace unauthorised attempts to access our web servers. We only create profiles regarding the use of our website in anonymised form and only to improve user navigation and optimise our products and services. Our legitimate interest in data processing pursuant to Art. 6 (1) lit. f GDPR also lies in these purposes. We do not create or process behaviour profiles relating to a specific person from the aforementioned information.
c. Duration of data storage
The data will be deleted as soon as they are no longer necessary to achieve the purpose for which they were collected. In the case of the collection of data for the provision of the website, this is the case when the respective session has ended.
5. Collection of personal data during the use of our website features
We only store personal data, such as your e-mail address or your name, if you choose to provide this information to us, e.g. in the context of the contact form, an application, or for the performance of a contract (principle of direct collection).
a. Contact form
Data transmitted via the contact form will be stored including your contact data in order to be able to process your request or to be available for follow-up questions. These data will not be passed on without your consent.
The processing of the data entered in the contact form takes place exclusively on the basis of your consent (Art. 6 (1) lit. a GDPR). A revocation of your already given consent is possible at any time. To revoke your consent, simply send an informal e-mail to: aricolin-investments@pareto.holdings. The legality of the data processing operations carried out until the revocation remains unaffected by the revocation.
b. Tab “Alternative Investments”
If you want to search for information on specific products via the "Alternative Investments" tab, we collect the following data from you: your status as a professional investor, your country of origin, and information on the pages you have visited on our website. In doing so, we want to ensure that we provide you with the information you are interested in. In doing so, we want to ensure that we provide you with the information you are interested in. The legal basis for this is Art. 6 (1) lit. a. GDPR. You can revoke your consent at any time (see clause 9 d.)
c. Applications
If you also use our website to provide a profile/resume to us, we will also use that personal data to create our own professional profile for you in accordance with this Privacy Notice. Given that we will store your work history in this case, your submission must not contain any sensitive information with respect to race or ethnic origin, political opinions, religion or beliefs, trade union or political party memberships, genetic, physical or mental health status, dependencies, sexual orientation, criminal offences or criminal proceedings and related penalties or fines, social security number or national ID. If your profile contains such information regardless, you agree that we may store that information and also use it in accordance with this Privacy Notice. Please also note that where you provide information of a third party to us as a reference you are responsible for ensuring that the person involved is aware of your disclosure of his/her personal data and has provided his/her written consent to this disclosure.
6. Disclosure to third parties
To facilitate the purposes described we may exchange your data with third parties we use to process orders and inquiries. In this context we may provide access to your information to third parties that support our provision of services to you. Examples are third parties used to manage our web servers and to analyse data who may be able to access your data in this context.
If you make your personal data available to us for the purpose of potential future cooperation, potential investments and/or to enable us to contact you, we may disclose this data to affiliated companies.
Otherwise we only provide your personal data to third parties if we are obligated to do so by compulsory legal regulations, if you ask us to do so or have consented to the disclosure, or after the data has been anonymised or pseudonymised.
We only transfer data to third parties established in a third country with your consent or to fulfil our contractual obligations pursuant to Art. 44 GDPR et seqq.
7. Data security, TLS encryption with https
We take diligent precautions to protect your data managed by us against manipulations, loss, destruction and against access by unauthorised persons. We continuously improve our security measures in accordance with the development of technology. We use https to transmit data in a tap-proof manner on the Internet (data protection through technology design Article 25 (1) GDPR). Through the use of TLS (Transport Layer Security), an encryption protocol for secure data transmission on the Internet, we can ensure the protection of confidential data. You can recognize the use of this data transmission security by the small lock symbol in the upper left corner of the browser and the use of the https scheme (instead of http) as part of our Internet address.
8. Technologies used
Parts of this website may use technologies that are widely used on the internet, such as JavaScript, Java, Flash or ActiveX, to allow us to present the information requested in a form that is more convenient for you. We do not use these technologies in any way to spy out personal data or manipulate data on your computer.
9. Cookies
a. Description and scope of data processing
We need certain information to enable us to design our websites based on user needs. For the collection of this information we also use cookies. Cookies are meant to facilitate the use of the internet and communication. Cookies are stored on your PC or another end device to anonymously identify the device and to support the application when you return to our websites.
If you want to, you can suppress the storage of cookies in general through your web browser or you can decide if you want to be asked if a cookie should be stored or not. However, if you do not accept cookies, some pages may not be displayed correctly any more.
We use cookies on our website to store the following parameters, for example:
a) Language and country
b) Browser settings and installed plug-ins
c) Data on the use of our website.
This website uses the following cookies:
Transient cookies (temporary use)
Persistent cookies (use for a limited time)
Transient cookies are deleted automatically when you close your browser. They specifically include session cookies. Session cookies store a "session ID" which allows to allocate various requests from your browser to a joint session. This allows the website to recognize your computer when you return to the website. Session cookies are deleted when you log out or close your browser.
Persistent cookies are deleted automatically after a specified period which may vary depending on the type of the cookie. You can delete the cookies at any time in the security settings of your browser.
The user data collected in this way is pseudonymised by technical precautions. Therefore, it is no longer possible to assign the data to the calling user. The data will not be stored together with other personal data of the users.
More information on how cookies work can be found on the following website: http://www.allaboutcookies.org.
b. Purpose and legal basis of data processing
The purpose of using technically necessary cookies is to simplify the use of websites for users. Some functions of our website cannot be offered without the use of cookies. For this it is necessary that the browser is recognized even after a page change.
The user data collected by technically necessary cookies are not used to create user profiles.
The legal basis for the processing of personal data using technically necessary cookies is Art. 6 (1) lit. f. GDPR. Legal basis for the processing of personal data using other cookies (marketing, statistics, etc.) will be in the event that we ask you for consent based on Art. 6 (1) lit. a. GDPR.
c. Duration of storage objection and elimination options
Cookies are stored on the user's computer and transmitted to our site. Therefore, you as a user also have full control over the use of cookies. You can deactivate or restrict the transmission of cookies by changing the settings in your Internet browser. Cookies that have already been saved can be deleted at any time. This can also be done automatically. If cookies are deactivated for our websites, it may no longer be possible to use all functions of the website to their full extent.
d. Customize cookie settings
When calling up our website, we offer you the possibility to individually adjust the cookies via the "Settings" item in the cookie banner. This consent is voluntary, not necessary for the use of this website and can be revoked at any time. You can adjust the cookie settings here at any time.
10. Google Analytics
This website uses Google Analytics, a web analysis service provided by Google Inc. ("Google"). Google Analytics uses “cookies”. As mentioned above, cookies are text files that are stored on your computer and enable us to analyse your use of the website. The information on your use of this website generated by the cookie is transferred to a Google server in the USA and is stored there. Google will use this information to analyse your use of the website, prepare reports on the website activities for website operators and provide other services related to the use of the website and the internet. The legal basis for the use of Google Analytics is Art. 6 (1) a. GDPR. The data sent by us and linked with cookies, user IDs (e.g. user ID) or advertising IDs are automatically deleted after 14 months. Data whose retention period has been reached is automatically deleted once a month. Google may also transfer information to third parties if this is required by law or if this data is processed by third parties on behalf of Google. Google will not connect your IP address with other Google data under any circumstances. You can also prevent the collection of the data generated by the cookie and related to your use of the website (including your IP address) by Google, as well as the processing of this data by Google, by downloading and installing the browser plugin available at: tools.google.com/dlpage/gaoptout activating the add-on that can be downloaded through this link you effectively object to the collection, use and processing of your data by Google Analytics.
This website uses the anonymisation option provided by Google Analytics. We only collect your IP address in shortened form which means it cannot be traced back to you.
If you object to the use of cookies, we place a simple cookie which expires after your browser session and only memorises that data should not be collected about you.
11. Your rights
You have the following rights with respect to your personal data:
• right of access,
• right to rectification or erasure,
• right to restriction of processing,
• right to withdraw the consent or objects to the processing
• right to object to processing,
• right to data portability.
You can contact us or our data protection officer to assert your rights (for contact details see II. Clause 1 and 2).
You also have the right to complain with a data protection supervisory authority about our processing of your personal data.
III. General data processing (data protection information according to Art. 13 GDPR)
In the following we would like to inform you about the processing of your personal data and your rights regarding personal data protection. Which specific personal data will be processed and/or use significant depends on the specific existing business relationship or other factors. You do not have to do anything in connection with GDPR.
1. Name and contact data of the controller
Controller within the meaning of GDPR and/or other European data protection laws or regulations, is Aricolin Investments S.A., with which you maintain a business relationship, that collects personal data from you or to which you provide personal data.
The controller can be reached as stated above in II.1 and II.2
2. Purpose of personal data processing and legal basis
We process personal data in accordance with the relevant rules and regulations, in particular with GDPR. The processing of personal data is necessary for the performance of a contract with you (Art. 6(1) lit. b. GDPR).
The processing of personal data is necessary for the purposes of the legitimate interests pursued by you or by a third party (Art. 6(1) lit. f. GDPR).
If you have declared your consent in the processing of personal data for certain purposes, we process such data on the basis of your consent (Art. 6(1) lit. a. GDPR).
In addition, we are subject to a large number of legal obligations (money- laundering act, tax law etc.) as well as regulatory regulations. For this purpose we can use and process your personal data (Art. 6(1) lit. c. GDPR).
4. Recipients or categories of recipients of the personal data
Your personal data will be transmitted within Aricolin Investments S.A., which need these data for contractual and regulatory purposes. For these purposes we also may transmit your personal data to processors (Art. 28 GDPR) if applicable. To comply with certain contractual obligations we may transmit personal data to other recipients, e.g. public authorities or organisations in case of legal obligations. A transfer of personal data to third parties with a registered office in a third country will only take place with your consent or in order to fulfil our contractual obligations pursuant to Art. 44 et seq GDPR.
5. Duration of storage
Where required, we process and store your personal data for the period of our business relation. The retention period of personal data within the Know Your Costumer process shall be 5 years. The retention period shall begin upon conclusion of the calendar year in which the business relationship is terminated. In all other cases, it shall begin upon conclusion of the calendar year in which the respective information was gathered (see Sec. 8 para 4 Money Laundering Act). Furthermore, we are subject to miscellaneous safekeeping and documentation obligations that may arise from e.g. Spanish Commercial Code or General Fiscal Code.
Pursuant to the provisions of these laws, personal data must be retained for a period of ten years. In addition, the statutory period of limitations within the meaning of seq. 195 et Spanish Civil Code shall apply in relation to the duration of storage period. Thus, the maximum period of limitation term is up to 30 years.
6. Automated decision-making including profiling
We do not use automated decision-making within the meaning of Art. 22 GDPR for establishing and fulfilling the business relationship with you. We do not use procedures based solely on automated processings. Your personal data will be partially processed automatically, to analyse certain personal aspects (profiling). Profiling is used in the following areas: We are subject to certain legal and regulatory requirements, e.g. anti-money laundering, terrorist financing and asset risk offenses. Concurrently, this measures are for your protection.
7. Your rights
As data subject within the meaning of GDPR you have a number of rights in relation to your data. In the following, we will inform you about your rights. You will find further details in Art. 15-21 GDPR.
• right of access to personal data
• right to rectification or erasure
• right of restriction of processing
• right to withdraw the consent or objects to the processing
• right to data portability
Please contact us or our data protection officer (see contact details under II. Clause 1 and 2). to assert our rights.
In addition you have the right to lodge a complaint with the Data Protection Supervisory Authority.