Introduction and Identification Data
The website www.azValor.com is owned by Inversiones Mobiliarias Advalor, S.L., with Tax Identification Number (CIF) B-87193033 and registered address for notification purposes at Paseo de la Castellana número 110 – 3ª planta, 28046 Madrid, and is entered in the Commercial Registry of Madrid (Registro Mercantil de Madrid), in Page M-595499, Volume 33086, Folio 138.
Inversiones Mobiliarias Advalor, S.L. is the parent company of azValor Asset Management SGIIC, S.A.U. (formerly, Valira Capital Asset Management S.G.I.I.C. S.A.U.), with registered address at Calle Goya número 23, 28001 Madrid, with Tax Identification Number (CIF) A-85347557, and entered in the Commercial Registry of Madrid, Page M-454000, Volume 25207, Folio 101 et seq. and in the Special Administrative Registry of the National Securities Market Commission (Registro Administrativo Especial a cargo de la Comisión Nacional del Mercado de Valores, CNMV) with number 224.
With regard to the preceding paragraph, we inform you that Valira Capital Asset Management S.G.I.I.C. S.A.U has agreed to change its corporate name to azValor Asset Management SGIIC, S.A. and to move its registered office to Paseo de la Castellana número 110 – 3ª planta, 28046 Madrid. Both amendments to the Articles of Association are pending registration in the Commercial Registry of Madrid and subsequent communication to the CNMV in accordance with the applicable legislation.
Inversiones Mobiliarias Advalor, S.L. and its group entities, including azValor Asset Management SGIIC, S.A., shall be jointly referred to as Grupo azValor.
azValor Asset Management SGIIC, S.A., as well as the products and services it provides, are subject to the legislation in force and under the supervision of the CNMV and other regulatory bodies.
Legal Terms and Conditions
Please read the following general conditions carefully. By accessing this website www.azValor.com (hereinafter, the “Website”), you will be considered as user (hereinafter, the “User”). Access to some sections of this Website may be delimited for legal reasons or be imposed by a competent authority. If you are in this situation, you will be denied access to all or part of the Website of Grupo azValor.
It is important that the User reads these general conditions carefully as access to the Website and its various contents, data and information shown therein implies the acceptance of all the terms and conditions of the Website. For this purpose, if you dislike or disagree with the aforementioned terms and conditions, we ask you not to use the Website nor browse through its content. Every time the User visits the Website, we recommend that he/she reviews the terms and conditions described herein, in order to be aware and informed of any update, amendment or deletion.
These general conditions may be modified at the discretion of Grupo azValor as it reserves the right, at any time and without prior warning, to update, modify or eliminate part or all its content, as well as any other applicable general or particular conditions, use policies, notices, disclaimers and contents.
Access, Browsing and Use of the Website
The User acknowledges and accepts that the access and browsing of the Website and/or the contents included therein is done voluntarily and consciously, under his/her exclusive responsibility, and undertakes to use it in full accordance with the law, business uses and these conditions.
The User undertakes to use the Website and its contents in a suitable and legal manner, avoiding the manipulation, copy, reproduction or distribution, as well as the unauthorized use or access to data. The User undertakes not to access resources or restricted areas of the Website without a prior authorization in writing arising from a contractual relationship with Grupo azValor, not to delete, alter, elude or manipulate any protective device or security system which may be installed in the Website, cause damage in the Website systems or access the source code or the devices of Grupo azValor or its suppliers, and not to use as its own or from third parties any reference to the Website or contents thereof without prior authorization in writing of Grupo azValor.
While making use of the Website and its contents, the User undertakes not to act in any way that may damage the image, interests or rights of Grupo azValor or of third parties, or that may damage, render useless or overload the Website, or that may impede, in any way, the normal use of the Website.
Grupo azValor has obtained the information and materials included in the Website from sources considered reliable, and therefore Grupo azValor does not guarantee that said information and materials are exact, complete and/or up-to-date. Grupo azValor expressly declines any responsibility for error or omission in the information contained in the Website. Consequently, the content of the Website is for information purposes only and non-binding.
Grupo azValor reserves the right, at any time and without prior warning, to modify the structure, presentation, configuration and location of the Website, the links or information obtained through it, as well as suspend, interrupt or cease to operate temporarily or definitely. The User relinquishes the right to claim for any of these circumstances and thus exonerating from any kind of responsibility which may arise thereof.
The information contained in this Website is published for its use in general and does not take into account the User’s specific investment objectives, financial situation or particular needs. This Website does not provide investment or consulting advice of any kind, and therefore nothing that may be included in it should be used as a basis to carry out investments or make decisions.
Grupo azValor informs you that, with regard to investments, all or part of the investments may be lost, and that any profits obtained in the past do not indicate future yield.
Therefore, and for the avoidance of doubt, the contents of this Website are for information purposes only and under no circumstances must be used or considered as an offer to sell, or as a request for an offer to sell nor a recommendation to carry out any other transaction, unless otherwise specified. Any purchasing decision of the User or recipient should be adopted taking into account the existing public information regarding the financial instrument and, where appropriate, taking into consideration the content of the prospectus filed with the CNMV ( www.cnmv.es ). Grupo azValor recommends that you seek specific professional advice before making any investment decision.
Should the Website contain links or hyperlinks to other Internet sites, Grupo azValor shall have no control over nor be responsible for such sites and their content. Grupo azValor has an obligation to protect its good name and registered trademarks, and reserves the right to demand the deletion of any link to our Website.
Furthermore, the inclusion of these external links in the Website shall not imply any kind of sponsorship, recommendation, association or participation with related organizations.
Industrial and Intellectual Property
Grupo azValor is the legal owner, in a direct or indirect way, of all intellectual or comparable rights with respect to this Website, as well as its texts, graphic designs, codes or any other elements, and therefore their copying, reproduction, distribution, public communication and transformation must be previously and expressly authorized in writing by Grupo azValor.
All trademarks, trade names, logos of any type and domain names contained in the Website are registered by Grupo azValor and protected by law.
The logos and domain names appearing, where applicable, in these web pages and used to identify other suppliers of goods or services shall be the property of their respective owners. Nothing contained in these web pages shall be considered a resignation or assignment of rights pertaining to Grupo azValor or other suppliers deriving from intellectual or industrial property rights or from comparable rights upon the goods that are regulated by their respective terms.
The content of this Website is protected by copyright and therefore any unauthorized use of materials included therein may be deemed to constitute an infringement of intellectual, industrial or other property rights. Any User who downloads materials from the Website for personal and non commercial use must maintain all indications concerning copyright, registered trademarks and similar rights contained in the original materials or in any copy made thereof. It is forbidden to modify or reproduce the materials on this Website, to exhibit them publicly, distribute or use said materials for public or commercial purposes.
Liabilities, Exclusions and Guarantees (*)
Grupo azValor accepts no responsibility for the use, whether fraudulent or otherwise, that the User or third parties could make for individual or specific purposes, of the Website or any of its contents, data and information, nor is liable for any consequences that may arise from existing errors, omissions or inaccuracies, nor for the opinions expressed in the Website or by any other means.
Grupo azValor accepts no responsibility for any damages or losses, whether direct or indirect, which may entail expenses or claims, arising from the use of the Website, its content, data and information, including damages to the computer systems, the introduction of viruses or the installation of programs. Grupo azValor informs you that although it has the technological architecture, appropriate and sufficient protective measures, and it uses systems and programs for their detection and/or elimination, it cannot control or guarantee with complete reliability the absence of computer viruses or programs in the services rendered through the Website.
Grupo azValor accepts no responsibility derived from the connection, contents or services available on any website to which a hypertext link from this Website exists, or with regard to the operation or links in the pages of third parties with regard thereto. Grupo azValor informs you that it puts at the User’s disposal hyperlinks which have been previously checked, and it does so under the premise that they comply with the legislation in force. However, under no circumstances is Grupo azValor responsible for, approves or adopts the contents of said hyperlinks as its own. The User is informed that the use of connection and its contents, whether direct, by links or any other means, is performed voluntarily and at his/her own exclusive risk, and that under no circumstances is Grupo azValor liable for any loss, damage or claim caused by the use or the non-use thereof as a result of service or access disruption. Consequently, Grupo azValor shall accept no responsibility for the contents of any link belonging to an outside website, nor shall it guarantee the technical availability, quality, reliability,accuracy, scope, veracity, validity and constitutionality of any material or information contained in any of the hyperlinks or other Internet sites.
Grupo azValor accepts no responsibility for the loss or damage resulting from the access to the information available through the Website service by unauthorized third parties.
Grupo azValor does not guarantee the continuous and error-free operation of its Website, nor of the lines or the software supported by the Website or its contents, and reserves the right to temporarily or permanently suspend, without prior notice, the accessibility or availability of contents, data or information. Grupo azValor informs you that it will make use of all the technical and human means at its disposal and will make every possible and necessary effort, as soon as incidents are detected or notified by third parties, to avoid them and, when appropriate, correct them or eliminate them as soon as possible.
Under no circumstances shall Grupo azValor, its managers, employees, agents and authorized personnel be liable for any direct, indirect, incidental, special, punitive, consequential or other damage (including but not limited to liability for loss of use, information or revenue), regardless of the form of any action, including, but not limited to, contractual action filed for negligence or torn arising due to the Website itself or in connection with the Website, its contents, or any information accessed through it, or any copying, exhibition or other use made of such information.
Applicable law and jurisdiction
These conditions of the Website shall be governed by Spanish law without prejudice to the enforcement of other necessary foreign laws which are applicable in accordance with private international law.
Grupo azValor and the User, expressly waiving any other jurisdiction that may correspond to them, agree that any controversy which might arise from the access or use of the Website be submitted to the exclusive jurisdiction of the Courts and Tribunals of Madrid, without prejudice to the rules of private international law.