Legal information

Fair Disclosure ((Section 16A(a)(2) to the Investment Advice Law)

  1. UBS Wealth Management Israel Ltd (hereinafter: "UBS Israel") is licensed as Portfolio Management Company and engages also in Investment Marketing (not Advisory). UBS Wealth Management Israel Ltd is part of UBS AG's Group.
  2. UBS Israel was registered together with UBS AG under the "Foreign Dealer" ("Osek Zar") registration, which shall enable UBS Israel's clients to receive Global Discretionary Asset Management and/or Global Non Discretionary Investment Marketing Services from UBS AG.
  3. Members of UBS AG's group engage among others in issuance of Financial Assets and in distribution of Financial Assets of other issuers for fees or other benefits. The Client hereby acknowledge that in performing transactions as part of the Portfolio Management Services or providing Investment Marketing with respect to Financial Assets, UBS Wealth Management Israel Ltd and/or UBS AG, as applicable, may prefer various Financial Assets which are Affiliated with UBS Wealth Management Israel Ltd and/or UBS AG, as detailed below, and as amended from time to time. The following are the types of such Financial Assets:

    Private Placement Funds
    Investment Funds
    Exchange Traded Derivatives
    FX Swaps
    FX Forwards
    Structured Products (including OTC Traded Structured Products)
    Primary Market new issues of Equities and Bonds
    Fiduciaries fixed term deposit
    Hedge Funds
    Private Equity Funds
    Commodity Funds
    Funds of Funds (e.g. Hedge funds, Commodity, Private Equity, etc)
    ETF Funds
  4. All Capitalized Terms used and not defined herein shall have the meaning prescribed in the Agreement or the Investment Advice Law.