Potential conflicts of interest
The instructions apply to all Swisscanto employees who could become directly or indirectly involved in one of the following conflicts of interest when rendering services and performing their work:
If Swisscanto as an individual enterprise, or as part of the reciprocal relationships with other Swisscanto Group companies and Zürcher Kantonalbank and their employees
- makes a profit or avoids a loss which is to the detriment of investors.
- has an interest in the outcome of a service rendered for the fund or investor, or in a transaction executed for the fund or investor, which is contrary to the interests of the fund/investor in this outcome.
- has a financial or other incentive to place the interests of one or more investors before the interests of one or more other investors or before those of the fund. (Equal treatment)
- pursues the same commercial activities as the investor.
- receives a benefit, in addition to the customary commission or fee, in the form of money, goods or services, now or in future, from a person other than the investor, in relation to a service rendered for the investor/fund.
Swisscanto employees are obliged to report conflicts of interest or suspicions of a conflict of interest without exception to the internal contacts in Legal and Compliance. In cooperation with Compliance, incoming reports are documented and appropriate measures defined to avoid conflicts of interest. Compliance then also checks the implementation of the defined measures.
Compliance regularly reviews the conflict of interest policy and its implementation.
Swisscanto ensures that its delegates have an equivalent conflict of interest policy and that potential conflicts of interest are disclosed.