Disclaimer

This website is not intended for persons who are citizens of, domiciled or resident in, or entities registered in a country or a jurisdiction in which its distribution, publication, provision or use would violate current laws and regulations. 

The information and data furnished in this website are disclosed for information purposes only; the Pictet Group is not liable for them nor do they constitute an offer, an invitation to buy, sell or subscribe to securities or other financial instruments. 

Furthermore, the information, opinions and estimates in this website reflect an evaluation as of the date of initial publication and may be changed without notice. The value and income of the securities or financial instruments mentioned in this website are based on rates from the customary sources of financial information and may fluctuate. The market value may vary on the basis of economic, financial or political changes, the remaining term, market conditions, the volatility and solvency of the issuer or the benchmark issuer. Moreover, exchange rates may have a positive or negative effect on the value, the price or the income of the securities or the related investments mentioned in this document.

Past performance must not be considered an indicator or guarantee of future performance, and the addressees of this website are fully responsible for any investments they make. No express or implied warranty is given as to future performance.

The content of this website is confidential and can only be read and/or used by its addressee. The Pictet Group is not liable for the use, transmission or exploitation of the content of this document. Therefore, any form of reproduction, copying, disclosure, modification and/or publication of the content is under the sole liability of the addressee of this website, and no liability whatsoever will be incurred by the Pictet Group. The addressee of this website agrees to comply with the applicable laws and regulations in the jurisdictions where they use the information reproduced in this document.

This website, for improvement reasons, uses cookies for preference, performance and tracking. Our goal is to always offer the best by providing site visitors with tailor-made solutions, shaped to their needs. Our cookies also recognize the correct homepage and your favourite language for your next visit on perspectives.pictet.com. By surfing on this website, you hereby agree to the use of cookies for the above-mentioned purposes.

This website is issued by the Pictet Group. This publication and its content may be cited provided that the source is indicated. All rights reserved. Copyright 2011-2013.

Our site and the information it contains is not intended to US citizens, US residents, Canadian citizens or Canadian residents.

I am not a US citizen, US resident, Canadian citizen and/or Canadian resident
I am a US citizen, US resident, Canadian citizen and/or Canadian resident