Data vendor disclaimers

Guidelines of disclaimer by index provider

SIX
The relevant SIX index is intellectual property (including registered trademarks) of SIX Swiss Exchange AG, Zurich, Switzerland (“SIX Swiss Exchange”) and/or its licensors (“Licensors”), which is used under license. The relevant product of the Pictet group is neither sponsored nor promoted, distributed or in any other manner supported by SIX Swiss Exchange and/or its Licensors and SIX Swiss Exchange and its Licensors do not give any warranty, and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions or interruptions in the relevant index or its data.

MSCI
The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an "as is" basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the "MSCI Parties '') expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, fast profits) or any other damages. (www.msci.com).

FTSE Russell
All rights in the relevant index vest in FTSE International Limited (“FTSE”). “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE under licence. The relevant product of the Pictet Group has been developed solely by the Pictet Group. The Index is calculated by FTSE or its agent. FTSE and its licensors are not connected to and do not sponsor, advise, recommend, endorse or promote the relevant product of the Pictet Group and do not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the relevant product. FTSE makes no claim, prediction, warranty or representation either as to the results to be obtained from the relevant product of the Pictet Group or the suitability of the Index for the purpose to which it is being put by the Pictet Group.

RUSSELL

The relevant index is a trademark of Frank Russell Company (“Russell”) and has been licensed for use by the Pictet Group. The relevant product of the Pictet Group is not in any way sponsored, endorsed, sold or promoted by Russell or the London Stock Exchange Group companies (“LSEG”) (together the “Licensor Parties”) and none of the Licensor Parties make any claim, prediction, warranty or representation whatsoever, expressly or impliedly, either as to (i) the results to be obtained from the use of the relevant index (upon which the relevant product is based), (ii) the figure at which the relevant index is said to stand at any particular time on any particular day or otherwise, or (iii) the suitability of the relevant index for the purpose to which it is being put in connection with the relevant product of the Pictet Group. None of the Licensor Parties have provided or will provide any financial or investment advice or recommendation in relation to the relevant index to the Pictet Group or to its clients. The relevant index is calculated by Russell or its agent. None of the Licensor Parties shall be (a) liable (whether in negligence or otherwise) to any person for any error in the Index or (b) under any obligation to advise any person of any error therein.

FTSE FI

© FTSE FI 2018. FTSE® is a trade mark of the London Stock Exchange Group companies and is used by FTSE FI under license. All rights in the FTSE FI indices vest in FTSE FI and/or its licensors. Neither FTSE FI nor its licensors accept any liability for any errors or omissions in the FTSE FI indices or underlying data and no party may rely on any FTSE FI indices or underlying data contained in this communication. No further distribution of FTSE FI data is permitted without FTSE FI’s express written consent. FTSE FI does not promote, sponsor or endorse the content of this communication.

J.P. Morgan
Information has been obtained from sources believed to be reliable but J.P. Morgan does not warrant its completeness or accuracy. The Index is used with permission. The Index may not be copied, used, or distributed without J.P. Morgan's prior written approval. Copyright 2017, J.P. Morgan Chase & Co. All rights reserved.

S&P
The relevant index is a product of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (“SPDJI”), and has been licensed for use by the Pictet Group. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). The relevant product of the Pictet Group is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product nor do they have any liability for any errors, omissions, or interruptions of the relevant index.

Bloomberg Barclays

Bloomberg Index Services Limited. BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). BARCLAYS® is a trademark and service mark of Barclays Bank Plc (collectively with its affiliates, “Barclays”), used under license. Bloomberg or Bloomberg’s licensors, including Barclays, own all proprietary rights in the Bloomberg Barclays Indices. Neither Bloomberg nor Barclays approves or endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.” and (ii) Licensee shall not use or distribute Data or Derived Data in any manner that, in BISL’s.

STOXX

STOXX Limited (“STOXX”) is the source of the relevant index and the data comprised therein. STOXX has not been involved in any way in the creation of any reported information and does not give any warranty and excludes any liability whatsoever (whether in negligence or otherwise) – including without limitation for the accuracy, adequateness, correctness, completeness, timeliness, and fitness for any purpose – with respect to any reported information or in relation to any errors, omissions or interruptions in the relevant index or its data. Any dissemination or further distribution of any such in-formation pertaining to STOXX is prohibited.

NASDAQ

Nasdaq® relevant index is a registered trademark of Nasdaq, Inc. (which with its affiliates is referred to as the “Corporations”) and are licensed for use by the Pictet Group. The relevant product of the Pictet Group has not been passed on by the Corporations as to their legality or suitability. The relevant product of the Pictet Group is not issued, endorsed, sold, or promoted by the Corporations.
THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

TOKYO STOCK EXCHANGE

The TOPIX Index Value and the TOPIX Marks are subject to the proprietary rights owned by Tokyo Stock Exchange, Inc. and Tokyo Stock Exchange, Inc. owns all rights and know-how relating to the TOPIX such as calculation, publication and use of the TOPIX Index Value and relating to the TOPIX Marks. No Product is in any way sponsored, endorsed or promoted by Tokyo Stock Exchange, Inc.
 

HFR

© 2018 Hedge Fund Research, Inc. - All rights reserved. HFR®, HFRI®, HFRX®, HFRQ®, HFRU®, HFRL®, HFR PortfolioScope®, WWW.HEDGEFUNDRESEARCH.COM®, HEDGE FUND RESEARCH®, HFR IndexScope™, and HFR Risk Parity Indices™ are the trademarks of Hedge Fund Research, Inc. This information is obtained from sources that Hedge Fund Research, Inc. considers to be reliable; however, no representation is made as to, and no responsibility or liability is accepted for, the accuracy or completeness of the information. Information contained herein is subject to change at any time without notice. It is not possible to invest directly in a financial index. Exposure represented by an index is available through instruments based on that index. HFR does not sponsor, endorse, sell, promote or manage any investment products.

EURONEXT

© 2018 Euronext N.V. All Rights Reserved. The information, data, analysis and Information contained herein (i) include the proprietary information of Euronext and its content providers, (ii) may not be copied or further disseminated except as specifically authorized, (iii) do not constitute investment advice, (iv) are provided solely for informational purposes and (v) are not warranted to be complete, accurate or timely.

EMMI-Euribor

Euribor®, Eonia® and Eurepo® are registered trademarks of EMMI a.i.s.b.l.
All rights reserved.
All use of these names must indicate that the index is a registered trademark.

Nomura

The intellectual property rights and any other rights, in the relevant index belong to Nomura Securities Co., Ltd. (“Nomura”).  Nomura does not guarantee accuracy, completeness, reliability, usefulness, marketability, merchantability or fitness of the Index, and does not account for business activities or services that the Pictet Group undertakes with the use of the Index.

ICE-BofAML

ICE Data Indices, LLC (“ICE DATA”), is used with permission. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM. NEITHER ICE DATA, ITS AFFILIATES OR THEIR RESPECTIVE THIRD PARTY PROVIDERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH RESPECT TO THE ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN “AS IS” BASIS AND YOUR USE IS AT YOUR OWN RISK. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY SUPPLIERS DO NOT SPONSOR, ENDORSE, OR RECOMMEND THE RELEVANT PRODUCT OF THE PICTET GROUP, OR ANY OF ITS PRODUCTS OR SERVICES.

ICE-LIBOR

The index data referenced herein is the property of ICE Data Indices, LLC, its affiliates (“ICE Data”) and/or its Third Party Suppliers and has been licensed for use by the Pictet Group. ICE Data and its Third Party Suppliers accept no liability in connection with its use. See the relevant product’s prospectus for a full copy of the Disclaimer.