Please read these terms of use carefully.


By accessing this website located at and other domains operated by Parmenion Soparfi S.A. and/or its Parmenion Group partners (collectively called ‘’Parmenion Group’’) – collectively called the ‘’website’’ –  ( and ; ;, you are indicating that you have read, acknowledge and assent to be bound by these terms of use. Parmenion Group reserves the right to change these terms of use and you are responsible for regularly reviewing these terms of use. Your continued use of this website constitutes your agreement to all such terms of use. If, at any time, you do not wish to accept these terms of use, you may not access, link to or use this website for any purpose. Any terms and conditions proposed by you which are in addition to or which conflict with these terms of use are expressly rejected by Parmenion Group and shall be of no force or effect.

Your use of this website may be monitored by Parmenion Group, and the resultant information may be used by Parmenion Group for its internal business purposes or in accordance with the rules of any applicable regulatory organization.


Information made Available through this Website


Unauthorized use of the website and Parmenion Group’s intranet, including, but not limited to, unauthorized entry into Parmenion Group’s intranet, misuse of passwords or misuse of any other information, is strictly prohibited. You may not use the website in any manner that could damage, disable, overburden, or impair the website or intranet or interfere with any other party’s use and enjoyment of the website or intranet. You may not attempt to gain unauthorized access to the website or intranet, computer systems or networks connected to the website or intranet, through hacking, password mining or any other means. You may not use any system or software to extract data from the website.

Without limiting the generality of the foregoing, the information and other Parmenion Group materials you access via the website may not be used as a basis for any financial instruments or products (including, without limitation, passively managed funds and index-linked derivative securities) or other products or services,  to create any derivative works nor to create any other data or index (custom or otherwise), without Parmenion Group’s prior written permission.

The information and materials on this website may contain typographical errors or inaccuracies. Parmenion Group reserves the right, in its sole discretion, without any obligation and without any notice requirement and for any reason, to change, improve or correct the information and materials on this website and to suspend and/or deny access to this website or portions thereof for scheduled or unscheduled maintenance, upgrades, improvements, corrections or otherwise. Any dated information is published as of its date only, and Parmenion Group does not undertake any obligation or responsibility to update or amend any such information. Parmenion Group may discontinue or change any product, service, information or material described in or offered on this website at any time.

These terms of use are not intended to, and will not, transfer or grant any rights in or to the information or material available on the website other than those which are specifically described herein, and all rights not expressly granted herein are reserved by Parmenion Group or the third party providers from whom Parmenion Group has obtained the information or materials.

You agree that you will not engage in any activities related to this website that are contrary to applicable laws or regulations.


Disclaimer of Warranties


No warranty as to content: although Parmenion group shall obtain information for inclusion in its services and systems from sources that Parmenion group considers reliable, the services and systems are provided “as is” and neither Parmenion group, any of its affiliates, any of its or their direct or indirect information providers nor any third party involved in, or related to, compiling, computing or creating the services and systems (collectively, the “Parmenion group parties”) makes any representation or warranty of any kind to website users or any third party, either express or implied, with respect to the service, the timeliness thereof, the results to be obtained by the use thereof or any other matter. Further, the Parmenion group parties expressly disclaim, and website user waives, any and all implied warranties, including, without limitation, warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose.

No warranty as to security: Parmenion group will not be responsible for any loss or damage that could result from interception by third parties of any information made available to you via this website.


Limitation of Liability


No Liability for Content; No Liability Arising from Use: Although the information provided to you on this website is obtained or compiled from sources we believe to be reliable, Parmenion Group cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose. Neither Parmenion Group, nor any of its affiliates, directors, officers or employees, nor its successors or assigns, nor any third-party vendor, will be liable or have any responsibility of any kind for any loss or damage that you incur, arising from any failure or interruption of this website, or resulting from the act or omission of any other party involved in making this website, the data contained herein or the products or services offered on this website available to you, or from any other cause relating to your access to, inability to access, or use of the website or the data contained herein, whether or not the circumstances giving rise to such cause may have been within the control of Parmenion Group or of any vendor providing software or services. In no event will Parmenion Group or any such parties be liable to you for any direct, special, indirect, consequential, punitive, exemplary or incidental damages or any other damages of any kind even if Parmenion Group or any other such party has been advised of the possibility thereof.

This limitation on liability includes, but is not limited to, the transmission of any viruses which may infect a user’s equipment, failure of mechanical or electronic equipment or communication lines, telephone or other interconnect problems (e.g. you cannot access your Internet service provider), unauthorized access, theft, operator errors, strikes or other labor problems or any force majeure.

Where any applicable law does not allow the limitation of liability in the manner described above, Parmenion Group’s total liability to you for all damages, loss and causes of action (whether in contract or in tort, including gross negligence) shall not exceed the amount paid by you, if any, for accessing the website.


No Representations made as to Other Sites or Links


This website may contain links to and be linked from third-party websites (the “sites”). These links are provided only as a convenience. Accordingly, Parmenion Group has not tested any information, software or product found on any of the sites and therefore makes no representations concerning the content of the sites. The inclusion of any link is not and does not imply an affiliation, sponsorship, endorsement, approval, investigation, verification or monitoring by Parmenion Group of any information contained in any site. In no event shall Parmenion Group be responsible for the information contained on any other site or for your use of or inability to use such sites. You should also be aware that the terms and conditions of such sites and the sites’ privacy policies may be different from those applicable to your use of this website.

Content not to be construed as solicitation or recommendation; no determination of suitability; not all risk disclosed

The material on the website is for informational purposes only, and is not an offer or recommendation to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy.

As an implemented investment consultant and advisor Parmenion Group is involved in the creation of hands-on investment solutions (e.g. fund-of-funds or mandate-of-mandates) for its investment clients. Information on this website might be deducted from our work on such hands-on investment solutions for the purpose of expressing and explaining our general market views. However, none of the information and material on the website is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of do-it-yourself 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.

Parmenion Group’s direct investment advice is only made available to its investment advisory customers via our investment solutions and/or – in case we act as advisor or sub-advisor to a third-party solution – that of investment advisors and managers that we collaborate with. In case you are interested in such services, the website will provide you with contact details.


System Outages, Slowdowns, and Capacity Limitations


As a result of high Internet traffic, transmission problems, systems capacity limitations, and other problems, you may at times experience difficulty accessing the website or communicating with Parmenion Group through the Internet or other electronic or wireless services. Any computer system or other electronic device, whether it is yours, an Internet service provider’s or Parmenion Group’s, can experience unanticipated outages or slowdowns, or have capacity limitations. Parmenion Group cannot and does not guarantee continuous, uninterrupted or secure access to the website.


Proprietary Rights


All right, title and interest in this website and all content contained herein is the exclusive property of Parmenion Group, except as otherwise stated. You may not modify, copy, distribute, transmit, display, perform, reproduce, publish, license, frame, decompile, recompile, reverse engineer, upload to, create derivative works from, transfer, or otherwise use or exploit in whole or in part any information, software, products or services obtained from this website, except for the purposes expressly provided herein, without Parmenion Group’s prior written approval. If you download any information from this website, you agree that you will not remove or obscure any copyright or other notices or legends contained therein.




You agree that, without notice, Parmenion Group may terminate these terms of use, or suspend your access to the website with or without cause at any time and effective immediately, subject to any applicable law or regulation. These terms of use will terminate immediately without notice from Parmenion Group if you, in Parmenion Group’s sole discretion, fail to comply with any provision of these terms of use or with any applicable law or regulation. Upon such termination, you must discontinue your use of the website and promptly destroy all materials obtained via the website and any copies thereof.


Choice of Law; Consent to Jurisdiction; Waiver of Jury Trial


These terms of use shall be governed by and construed in accordance with the laws of the State of Luxembourg, without regard to conflicts of laws provisions. Sole and exclusive jurisdiction for any suit, action or proceeding arising out of or related to these terms of use shall be in an appropriate court located in the State of Luxembourg, and the parties irrevocably waive any objection they may now or hereafter have to the laying of venue of any such suit, action or proceedings in such a court, and irrevocably waive any claim that any such suit, action or proceeding brought in such a court has been brought in an inconvenient forum.

If for any reason a court of competent jurisdiction finds any provision of these terms of use to be unenforceable, that provision shall be enforced to the maximum extent permissible so as to effect the intent of these terms of use, and the remainder of the terms of use shall continue in full force and effect. The terms of use constitute the terms between Parmenion Group and you arising out of this site and it supersedes all prior or contemporaneous communications, agreements and understandings between Parmenion Group and you arising out of the subject matter hereof. A printed version of these terms of use shall be admissible in judicial or administrative proceedings.

You represent, warrant and covenant that (i) you have the power and authority to enter into this agreement; and (ii) you are at least eighteen (18) years of age.


Designated Agent


Pursuant to the Copyright Act, Parmenion Group designates the following agent to receive notifications of claimed infringement: Eloise Enanoria, Parmenion Group, 25A Boulevard Royal, L-2449 Luxembourg, Luxembourg;