Legal Notices

Objective of the site

The site is exclusively an informational site with the objective of presenting the asset management activities of TWENTY FIRST CAPITAL.
The information disseminated by TWENTY FIRST CAPITAL on this site may be updated and modified at any time. They are not contractual.
This presentation should not be considered as a solicitation activity or any offer of securities. The information published on this site is not and in no way constitutes, either an offer of products or services that could be assimilated to a public offering of financial securities or any solicitation or invitation to buy or sell securities or any other management or investment product, nor an incentive or advice for any investment or securities arbitrage.

This information does not constitute investment recommendations or stock advice based on specific circumstances for site visitors or meet their particular requirements.

The user acknowledges having read and agrees to comply with these terms of use.

The user of the site acknowledges having the competence and means necessary to access and use this site.

The user of the website acknowledges having verified that the computer configuration used contains no viruses and is in perfect working order.

Warning and site access restrictions

Access to the products and services presented on the site may be subject to restrictions regarding certain individuals or countries, especially investors from the United States and the United Kingdom who are subject to specific legislation.

In any case, products and/or services will not be provided by TWENTY FIRST CAPITAL to a person if the law of their country of origin or any other country prohibits it. It is the responsibility of any interested person to verify in advance with their usual advisors that their legal and tax status allows them to subscribe to shares or units of UCITS possibly presented on this site.

In addition, UCITS possibly presented on this site can only be subscribed in jurisdictions where their marketing and promotion are authorized.

TWENTY FIRST CAPITAL advises any interested person to ensure in advance with their advisors that they are legally authorized to subscribe to the products and/or use the services that may be presented on this site.

All information presented on this website comes from sources considered reliable. However, neither TWENTY FIRST CAPITAL, its affiliated companies, nor the authors of this site accept any responsibility whatsoever for any direct or indirect loss resulting from the use by anyone of the information contained therein.

Information on UCITS and services

Past performance is not a reliable indicator of future performance. It is not constant over time.

Past performance should not be the central element of a subscriber's investment decision. In this regard, other elements appearing on the reporting sheets associated with each UCITS and posted online must be taken into consideration. The management company cannot be held responsible for an investment or disinvestment decision made on the basis of the information contained on this website.

It is recalled that subscribing to shares or units of UCITS can present risks. The value of investments can go up or down depending on market developments, and the investor may not recover the amounts invested, the value of the shares and units depending on the value of the financial instruments held in the portfolio. The tax treatment specific to investing in shares or units of UCITS depends on the individual situation of each investor and may be subject to change.

Past performance cannot guarantee future results, and investments made can fluctuate both down and up, with the value of shares or units depending on the value of the financial instruments held in the portfolio. Therefore, investors may not recover the initially invested amount, and no income guarantee is provided.

The KIID (Key Investor Information Document) of each UCITS must be provided to you prior to any subscription. In the presence of a UCITS not subject to the obligation to produce a KIID, the prospectus of the relevant UCITS must be provided to you prior to any subscription.

The KIID describes the main characteristics of the UCITS, including its classification, investment policy, allocation of results, conditions of subscription and redemption, risk and return profile of the UCITS, fees borne by the UCITS during the last financial year (or a simulation in the presence of a recently created UCITS), and past performance.

The reporting sheets associated with each UCITS are indicative. Only the prospectus, the KIID (for UCITS subject to the obligation to produce a KIID), and the regulatory reporting documents (i.e., reports required by regulations) are valid.

Investors are invited to refer to the periodic regulatory reports related to each UCITS.

TWENTY FIRST CAPITAL and its subsidiary companies draw the attention of non-professional investors within the meaning of the AMF General Regulation to the importance of consulting the KIID of the UCITS, its prospectus, and its latest financial statements, which alone have contractual value.

The information on this website cannot be considered as promotional information for non-professional individuals or legal entities. The latter must rely on the legal documentation relating to the planned investment and possibly the advice of a professional of their choice.

No investment advisory service (within the meaning of Article L.321-1, 5°, of the Monetary and Financial Code) or portfolio management for third parties (within the meaning of Article L.321-1, 4°, of the Monetary and Financial Code) will be provided to a client before the signing of a written service agreement in compliance with current regulations.

Intellectual Property

This site is the property of TWENTY FIRST CAPITAL and constitutes a work protected by intellectual property. Any total or partial reproduction of the trademarks, logos, designs, graphics, texts, and analyses on the site or any communication to third parties, or use other than for private purposes is strictly prohibited. This data is reserved for the private use of the sole site consultant.

In the event of an infringement, the user incurs liability and is liable to legal proceedings, particularly for counterfeiting. Users and visitors to the website may not set up a hyperlink to this site without the express and prior authorization of the website operator.
The website operator cannot be held responsible for access by users via hypertext links set up on the website to other resources on the Internet.

Protection of Personal Data

It is recalled that the confidentiality, confidentiality, and integrity of transmitted information are not guaranteed on the Internet, and it is the responsibility of each user, in particular, to take all appropriate measures to protect their own data and/or software from possible viruses that may be transmitted during a connection, despite all the vigilance of the administrators of this site on the Internet. TWENTY FIRST CAPITAL declines all responsibility of any kind in this regard.

In general, the user can connect to this website without indicating their identity or providing TWENTY FIRST CAPITAL with any information about them.

However, it should be noted that:

(i) the user can choose to create a personalized space and thus complete a specific form using the "Create my account" function. The information communicated or updated by the user in this context is transmitted to the data controller within TWENTY FIRST CAPITAL.

The information collected is subject to computer processing intended solely to respond to requests for sending documents (reports, publications, and up-to-date legal documents) issued by TWENTY FIRST CAPITAL.

The user of this function acknowledges that the use of their identifier and password is strictly personal.

The recipients of the data are: the Commercial Directorate and the Compliance Directorate of TWENTY FIRST CAPITAL.

In accordance with the "computer and freedoms" law of January 6, 1978, as amended in 2004, the user of this function has the right of access and rectification to the information concerning them, which they can exercise by contacting Mr. Nicolas Mahé:

The user of this function may also, for legitimate reasons, object to the processing of their data;


(ii) hosting servers collect the domain names of visitors (not their email addresses). Such information is collected to assess the number of connections, the average duration of these connections, the pages visited, etc. TWENTY FIRST CAPITAL may use this information to assess the use made of this site and to improve its content.

Furthermore, a technology called "cookie" may be used so that the user of this site receives tailor-made information. A "cookie" is a tiny piece of data that a website can send to the user's browser and store on their hard drive to identify them on a new connection. It is recalled that the user can configure their browser software to warn them when a "cookie" is deposited by a web server.

If you do not accept these terms of use, the consultation of this site must be stopped.