Access to the information on the website provided by Herald Funds (HF) is subject to the following terms and conditions of use. By accessing the HF website you agree to these terms and conditions. The entire content of the HF website is subject to copyright law with all rights reserved. You may not reproduce (in whole or in part), transmit (by electronic means or otherwise), modify, link to any part of the website for any public or commercial purpose without prior written permission from HF. The HF website is provided only to give information about HF’s advisory focuses and activities which are not available to the general public in any jurisdiction. The information provided does not constitute an offer or invitation to acquire or sell any service or product referred to. Swiss law governs access to and use of the HF website. HF does not guarantee that the information or opinions contained in the HF website are accurate, reliable, complete or up to date. The information and opinions contained in the HF website are subject to change without notice. HF accepts no liability for any errors or omissions herein, whether made by itself, its affiliates or any third party.

The fund invests in cryptocurrencies (CC) which involve potentially higher risks and greater volatility than established asset classes. Investors in CC are exposed to the risk of fraud and loss. CC can be stolen. After purchase, CC are stored in multiple hot and cold storages. These virtual multi-signature wallets are protected by private keys and passwords. Just as in real wallets, money can be stolen from virtual wallets as well. Thefts and hacker attacks can have a negative impact on the reputation of the currency or the market place concerned and thus affect negatively the market price of CC. CC can be used anonymously and CC do not have to be traded through government institutions or banks. CC can be purchased directly from an owner or a trading venue. Investors thus face increased risk of liquidity disruption. The market value of CC is not based on any kind of claim, nor any physical asset. Instead, the market value depends on the expectation of being usable in future transactions. This strong correlation between an expectation and market value is the basis for the current and probable future volatility of the market value of CC. The underlying blockchain technology is not regulated nor audited. For more details on the Fund’s potential risks, please read the Prospectus.

All information on website including each existent subpage does not represent an offer nor a solicitation to invest in The Cryptocurrency Fund or in any Cryptocurrencies. It explicitly only offers general information and shall not be distributed to non-professional investors. Investors considering an investment in Cryptocurrencies are strongly advised to consult professional financial advisors.